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New Class Action for Pentax owners with aperture block issue

Started Jun 28, 2020 | Discussions thread
OP aisu825 New Member • Posts: 21
Re: New Class Action for Pentax owners with aperture block issue

James O'Neill wrote:

aisu825 wrote:

Tom Lusk wrote:

"Around 12,000 Pentax cameras were sold, says the Pentax camera aperture problem class action lawsuit, which brought Ricoh Inc. more than $5,000,000 in sales.

The plaintiff says that, despite collecting millions in profits"

Millions in profits were generated by the sale of 12,000 lower-end cameras in the U.S.?

Too funny! This suit doesn't stand a chance.

Ridiculous conclusion, based on ..... nada. *eye roll*

This says the price Ricoh sold cameras into the channel at was > $433 each.

If they made millions plural on $5M sales, they were making a margin of 40%. Doesn't quite ring true.

Not necessarily.  The figures may include lens and other accessories that result from the sale of the body.  But for the consumer purchasing the K-50 body (as an example) they would never have purchased a zoom lens, flash, camera bag, etc.

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