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Originally Posted by Whirled One
...American manufacturers didn't mind either, since little transistor radios had quickly become such a low-profit-margin commodity anyway-- it was easier to make money with high-ticket items.
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I can confirm that. A GE public relations guy fixed that in my young Editor-head in the early seventies when he said "...sure, we can set up a line to make transistor radios at a profit. But why?"