Quote:
Originally Posted by mikefocke
We live in the world with accounting rules. As soon as LN extends the warranty, the accountants rules will cause them to hold a higher reserve for warranty repairs. Thus not as much profit and/or not as much money to invest in the next product.
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Accounting rules? They aren't publically traded, and they don't need cash reserve for warranty even if they were. If they extended the warranty, they would buy insurance; they even have a cost-positive option with offering insurance as an add-on. given the stated track record, insurance companies would consider this free money.
invest in next product? They are dealers for various manufacturers and automotive fabricators. They didnt "invent" anything when it comes to the IMS retrofit.
Smiles
his/hers
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