What amazes me even more is that they should be able to maintain consistency at these low prices. I imagine with these super tiny drivers, minute differences in glue stiffness, membrane thickness, coil centering etc. can ruin both FR and distortion.I think that there are two mindsets in the audio industry: big markup and sell one a week or slim margins and sell to the masses.
The Amazon listing suggests that Salnotes is selling a thousand Zeros and Zero:2s per week. The manufacturers selling thousand dollar IEMs are just hoping their top pf the range has sales, as in plural/more than one, every week.
If you are making tens of thousands of units per quarter in China, the cost can get pretty low and still be profitable. If you are making a hundred things per year it is the opposite effect.
Of course, great to be Sennheiser who is selling thousands of units for hundreds of dollars.
And unlike some DACs that were especially prepared and sent to Amir by the manufacturer, these were just ordered online.