September 19, 2021
Sonos Has a Few Laws on Its Side - The Wall Street Journal
Sonos raised prices on most of its key premium speakers by an average 9% this past week; the Beam soundbar in 2018.
Photo: Gabby Jones/Bloomberg NewsFor Sonos , the laws of economics trump the laws of patents, though both have been good to the company of late.
The pandemic-fueled phenomenon of people being stuck at home with money to spend has turned out to be great for the maker of premium speakers. When Sonos wraps its fiscal year later this month, revenue is expected to be up 29% from last year—the best annual growth since 2014. Device unit sales for the first nine months of the year have jumped 14% from the same period last year.
source: https://www.wsj.com/articles/sonos-has-a-few-laws-on-its-side-11632060180
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