Only Olympus knows for sure why they are increasing the prices. Speculation has
been that the increases are due to East Asia currency fluctuations, due to Oly
wanting to phase out production by reducing demand by raising prices, and due to
their adjustment of prices to reflect actual cost of production. Take your
pick! My sense is that high European prices reflect duties and sales taxes. US
duty on imported camera equipment is very low (on the order of 3 percent I
believe) and we don't have any national sales taxes (VAT, GST, etc.). We do
have local sales taxes that can add up to about 8 - 10 percent to the sale
price. I believe that this is still lower than VAT in Europe.
______________________________ Reply Separator _________________________________
Subject: Re: Re[4]: [OM] OLY PRICE INCREASES!
Author: olympus@xxxxxxxxxxxxxxx (Frank van Lindert) at INTERNET
Date: 3/9/1998 8:05 AM
On Sun, 08 Mar 1998 18:01 -0500, "Bruce Appelbaum"
<Bruce_Appelbaum@xxxxxxxxxxxxxxx> wrote:
snip...snip
>
>Re your opinion that you have been slapped in the face: don't take it
>personally. I'm sure that Oly values your custom and your loyalty, but rightly
>find that loyalty doesn't pay the bills. Particularly during a time of economi
c
>uncertainty in Japan/
>
Why do you think Olympus Japan has increased (or will increase) the
prices? I have tried to get information of a price increase here in
Europe, and I couldn't get any confirmation of it until now.
So maybe this time it is only Olympus America that is rising the
prices in the US (and bringing them on par with European oprices....)
Frank van Lindert
Utrecht - NL.
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