and people keep telling me Stern has to catch JJP........
what you think 5000 games is impressive??
thats with acdc in that year sterns biggest game. thats not really a good figure, and if i was an investor i wouldnt be investing in stern as a company.
share holders wouldnt be impressed that that sort of figure, imagine how much money they didnt make of there investment on 5000 machine.
Just wait cavey i wouldnt be counting your chickens yet, remember JJP hasnt released their machine yet and stern is only out selling them around 5 to 1, on a none released machine against a few stern titles including their priced ACDC.
say 5000 machines selling at wholesale averaging out at $5000 us each machine, thats only $2.5million us in turnover before tax and costs, how many employees does he have? there is no way the man makes a cent profit on that operation. yes stern needs to pick up their game not to compete with JJP but to keep surviving, on the numbers Gary has quoted him self. there are massive overheads industry, i cant even see how he pays him self.
before you say stern sell machine that cost $9k how can the average be around $5k.
well the base models retail around $5k thats retail. and he also retails pinballs as low as $2.5 which more than make up for the difference of $7-$9k machines. and again they are retail prices, and as you know that is before taking any costs out to produce the machines, marketing, insurance, taxes, rents,wages, stock, equipment, design even licence fees, and the many many other costs involved in running an operation.
yes JJP wouldnt be making money either, And he would be expecting that, he isnt a company that hasnt been around for over 30 years, and he would have a pocket of cash trying to stick it out for a few years like any start up company does.
I am VERY VERY glad u are NOT running my business.lol
5000 machines at $5000 each is not $2.5 million as you wrongly calculated, ITS $25,000,000 (25 million)
You were only out by one thousand percent !
and I read every other post u wrote, and it all sounds like Stern bashing to me.........sorry, but after you have spent a 30 year period bettering Gary Stern, then I might believe a percentage of it........I think its time that some people stopped making excuses for JJP and admitted, its not so easy being a armchair expert and thinking it would be so easy to better Stern.
JJP has tried for almost 3 years, and so far, not one machine delivered to a home user, even with a open cheque book and a design brief to the best of the unemployed pinball experts to do whatever they want to design the best pinball they can make. Not soo easy is it !
As I have said many times before, Gary Stern is a very talented man doing a great job. Anyone who says otherwise can build me a pinball machine, then post a thread on it and show me how its better than a Stern machine......
How about something positive about Stern for a change.........give credit where credit is due for a change......
P.S - JJP have done a outstanding job so far, not withstanding they are late....it just shows that building pinball machines and building a successful pinball machine manufacturing company is a mammoth task...it takes massive talent, time n money...something no one on here can replicate, so why bash Stern all the time. Food for reasonable thought.......But I could be wrong.....its happened before.lol
I will give the extra 22.5 million dollars back to Gary when i see him next.lol
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>>>>>OlivJ, Its all good we have different opinions, it just frustrates me sometimes...imagine newbies trying to get into pinball seeing negative stuff written all the time about Stern, it must scare some people off buying a machine and getting into this hobby ?