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Horological Meandering

As a big fan of the U series

 

I had previously placed my order for a U2 black as with the U1000 (not black for now).  So I hope to share some live pix of the U2 all black when she shows up.

The Euro/Dollar pressure is really what they are adjusting prices for as I think the Sinn management continues to price reasonably.  When you hold back prices for a few years and the the exchange rates are not favorable you need to protect your margins.

 American Dollars to 1 EUR (invert,data)
120 days latest (Apr 18)
1.5742
lowest (Dec 19)
1.4344
highest (Apr 16)
1.5978



Just looking at this chart over the last 120 days we are looking at a 10% increase.  If we go back to 2005/06 we were at about $1.10 - $1.20 so you can easily see the justification.  All the parts and costs are Euro based and the Overseas markets are important but not at the cost of not making money.  No profits means no new developments and innovations.

Bill


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