Interesting story in this month's Forbes on Glock.
I've wondered about their lightning success. They basically went after the military and police market with a gun that was simple and improved firepower. But far more importantly, they are able to produce them for $75, so they can undercut any competing deal and still profit. Their profit margins run 60%.
He built plastic shower curtain rings before that.
I've wondered about their lightning success. They basically went after the military and police market with a gun that was simple and improved firepower. But far more importantly, they are able to produce them for $75, so they can undercut any competing deal and still profit. Their profit margins run 60%.
He built plastic shower curtain rings before that.