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.
no offense to cree, but I buy all my led bulbs from china and have done so for well over a year. Dozens and dozens of manufacturers making the exact same product as cree, but I pay $3 for a 60 w bulb that imo, has better lighting qualities than cree's overpriced product. They are the first mover in the states, so they feel they can justify a ridiculous price for a mass produced product selling at 15 percent the cost anywhere else. Cree will crash...the analysts won't clue you in on the obvious.
I live in a condo with a two level underground parking garage. We intend to spend $80000 to replace the 200+ watt metal halide fixtures with 50 watt Cree fixtures. Payback period is 2+ years. Warranty on LED fixtures, 100,000 hours (11 years).
Perhaps yes. The ominous signs going forward technically are: if all the 9.2 mil shorts are now covered today, who is left to buy at this lofty valuation any more? Hence, it might experience a vacuum for the bids at this level and because of that, the MM might slowly take it down and near the DebtC date, low and behold, we are back to where we started!! Did not want that to happen, hence, I refused to get herded more with the other sheep today and did not want the greed to take over my common sense! 81 PE for a every-corner-you-turn-find-a-competitor kinda enterprise?? Holly s***!
LED lighting is available at Lowes, Ace hardware etc. Cree bulbs are clearly the best deal in price, efficiency and warrantee. I am replacing incandescent and CFL's as they fail. The ones used most are the ones that fail. They are the ones which will have the biggest ROI.