'Youthful Approach' Yields Profits for High-End Auto Sound Specialist

Article Abstract:

Headquarters Sound Express, a New Jersey-based autosound retailer, is run by Larry Margolis, an eighteen-year-old Syracuse University student who flies home every other weekend to keep an eye on the business. Opened in February 1984, the company expects to gross $1.5 million in sales for its first year. It caters to the mid and high-end customers. An average system costs between $600 and $700. Car stereo sales account for forty percent of total revenues, cellular phones another forty percent, and the remaining twenty percent from car dealer work. The company has plans to expand into audio-video systems and compact disc players, concetrating on up-scale clients. Photographs of Margolis and his Morristown, NJ store showroom are included.

Consumer electronics, Automobiles, Stereo systems, interview, Company Profile, Retailing, Mobile Phones, Expansion, Margolis, Larry, Headquarters Sound Express

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Computer Dealers Face Profit Squeeze

Article Abstract:

The Macintosh has led the way in the rapidly growing highly competitive home computer market. Users expect ever lower prices and more power. In 1984, the under one thousand market is expected to reach over five million units. The Commodore 64 is one of the more popular machines. Software for home computers is only beginning to meet demand.

Computer industry, Software, Market share, Personal Computers, Outlook, Market Analysis, Market, Home Computers, Macintosh, Commodore 64

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