Originally Posted by
revchuck
Greg - I disagree that lower prices reflect reduced sales/demand; I'm pretty sure sales have been increasing, and demand has been solid among racers and others wanting to improve their performance. Now that prices are coming down, more people will be buying powermeters, which will bring market pressure to reduce prices further.
I meant reduced sales for PowerTaps specifically, not the overall powermeter market. I think the market for power is increasing but still relatively small. If Saris's sales of PowerTaps weren't going down it's very unlikely they would have taken such a dramatic price cut. It's also possible they overbuilt and have excess inventory on hand.