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Cree, Inc. Message Board

  • palosparkflash palosparkflash Oct 1, 2013 3:24 PM Flag

    Who is buying LED lights?

    So far I would have to say only Home Depot and Costco. I don't know anyone that is going to replace their current light bulbs with bulbs that cost $15-20 each!! People are going to wait until the price comes down. So what does that mean:
    1) inventory sits in HD
    2) HD will be ordering less in upcoming quarters
    3) CREE will have to come down on price which will impact margins

    I have LED lights in 4 fixtures at home. I love them! But with about 30-40 more bulbs to replace, I am not going to swap out anymore until the price drops by at least 70-75% from current levels.

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