XZ-1 price

[Lifeforms]

Im thinking of getting a XZ-1 for my birthday in September, possibly along with a Fuji HS-20. My question is :

Why hasnt the XZ-1's price gone down yet?

If it was released in January at £400 why has it gone up in price on Amazon?

Anyone know if it will come down eventually like the Pen series?

[Lifeforms]

Thanks for all the replies guys. You know where its at , and aren't afraid to speak your minds. Don't hurry to all talk at once!

[Steven R]

Originally Posted by Lifeforms

Im thinking of getting a XZ-1 for my birthday in September, possibly along with a Fuji HS-20. My question is :

Why hasnt the XZ-1's price gone down yet?

If it was released in January at £400 why has it gone up in price on Amazon?

Anyone know if it will come down eventually like the Pen series?

The reasons are several. The continuing fluctuations of the U.S. dollar means that Oly must have more dollars per camera to meet its costs, and profit forecasts and goals. Also, in the short run, a new camera price is the highest, and the maker tries to balance off max revenue while maintaining demand. This price is usually balanced off the demand curve, and the demand for the XZ-1 has remained strong, so there is no incentive to cut the asking price quickly. When demand of the consumers starts to be fulfilled and then begins to slow and drop, the price cuts may follow. (Some products have been effected by parts shortages from the natural disasters that hit Japan, don't know if that also hit Olympus. Shortages boost prices of any product. ) Barring all other factors, then yes, as a product ages, the price will start to come down, as it is no longer the "newest" product.

[Lifeforms]

Thanks for a well considered reply Steven R

[Lifeforms]

Keep on playing with one in my local city. Lovely metal body. Feels like a REAL camera, expecially with large glass and focus ring. really nice. heard that FUJI might be bringing out something similar, so going to wait until Autumn, hopefully by which time the XZ-1 will be down in price and I will hopefully have heard about these new Fuji Pro compacts.

[vIZnquest]

Originally Posted by Lifeforms

Keep on playing with one in my local city. Lovely metal body. Feels like a REAL camera, expecially with large glass and focus ring. really nice. heard that FUJI might be bringing out something similar, so going to wait until Autumn, hopefully by which time the XZ-1 will be down in price and I will hopefully have heard about these new Fuji Pro compacts.

In the meantime are you taking any pictures at all?

[Hoaxster]

I just bought one for $199 on Amazon.
Excellent value for this still good small camera.