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Fri Dec 7, 2012, 01:17 PM

Smith & Wesson sales spike 48 percent amid mass shootings, Obama re-election

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The 2012 campaign season and a year of high-profile shootings have resulted in big profits for one of America’s top firearms companies.

Smith & Wesson Holding Corporation announced on Thursday that sales had spiked 48 percent in its second fiscal quarter of 2013, setting a record of $136 million.

“The increase was led by continued strong sales across all of the company’s firearm product lines, including M&P™ branded products, such as pistols, modern sporting rifles, and the recently launched Shield™ pistol designed for concealed carry and personal protection,” the company said in a statement.

Smith & Wesson also predicted year-over-year growth of 30 percent for the remainder of the 2013 fiscal year.

Stop Handgun Violence founder John Rosenthal told Current TV’s Elliot Spitzer on Wednesday that gun companies were making record profits because lobbying groups like the National Rifle Association had been successful at making sure that the industry was largely unregulated.

“The dirty little secret is that the NRA loves high-profile mass shootings,” Rosenthal explained. “The more gun violence, the better. The more fear, it causes people to buy guns, more profits for the gun industry. And then they funnel it into intimidating Democrats into submission. And then they fund the Republicans and the Republicans just roll over.”

Raw Story (http://s.tt/1we49)

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Reply Smith & Wesson sales spike 48 percent amid mass shootings, Obama re-election (Original post)
Playinghardball Dec 2012 OP
slackmaster Dec 2012 #1
former-republican Dec 2012 #2
regjoe Dec 2012 #3
Hoyt Dec 2012 #4
slackmaster Dec 2012 #5
former-republican Dec 2012 #6
slackmaster Dec 2012 #8
former-republican Dec 2012 #14
slackmaster Dec 2012 #17
former-republican Dec 2012 #18
Hoyt Dec 2012 #7
slackmaster Dec 2012 #9
Hoyt Dec 2012 #10
slackmaster Dec 2012 #12
bongbong Dec 2012 #11
AnotherMcIntosh Dec 2012 #13
sakabatou Dec 2012 #15
slackmaster Dec 2012 #16
Little Star Dec 2012 #19

Response to Playinghardball (Original post)

Fri Dec 7, 2012, 01:20 PM

1. ...AND the Christmas season and a strenghtening economy which always result in increased sales...

 

...of discretionary items of all kinds.

But "OH TEH NOEZ IT'S OBAMA'S FAULT" hype always sells.

Rec'ced and Alerted.

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Response to Playinghardball (Original post)

Fri Dec 7, 2012, 01:22 PM

2. Well they have a nice line up of handguns plus they are producing a AR15

 

Good for them , keep American workers working.

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Response to Playinghardball (Original post)

Fri Dec 7, 2012, 01:31 PM

3. Rosenthal is an idiot

 

The industry is VERY regulated and saying the NRA loves mass shootings is ridiculous. Nothing but fear based propaganda.

Sales are high because:
1. The economy.
2. Despite his clean record, people still think President Obama is anti 2nd Amendment.
3. Everytime there is a tragedy, the anti rights people start calling for more infringement on our right, or even taking away our right.

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Response to Playinghardball (Original post)

Fri Dec 7, 2012, 01:33 PM

4. Gotta wonder about folks who buy guns after mass shootings, Obama elections, etc. n/t


I think it is due to callousness, bigotry, cowboyism, and the like.

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Response to Hoyt (Reply #4)

Fri Dec 7, 2012, 01:35 PM

5. I've never let that kind of thing influence my buying decisions

 

But I did buy two AR-15 rifles before California's permanent "AW" ban took effect. I made those decisions because of the actions of my state legislature.

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Response to slackmaster (Reply #5)

Fri Dec 7, 2012, 01:39 PM

6. Are those grandfathered in now?

 

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Response to former-republican (Reply #6)

Fri Dec 7, 2012, 01:43 PM

8. Yes because I went ahead and registered them as required by the law.

 

And so is my 50 BMG target rifle, which I never would have bought if not for the (at the time) pending ban.

Gun bans have consequences.

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Response to slackmaster (Reply #8)

Fri Dec 7, 2012, 02:01 PM

14. I have a Barrett but for the most part I bought it more on a whim

 

than anything else. I've had it around 7 years now and maybe shot 200 rounds through it.

They are a fun gun to shoot but I'm more into .30 and 6.5 calibers for long range shooting.

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Response to former-republican (Reply #14)

Fri Dec 7, 2012, 02:05 PM

17. I also like the 6.5 so much that I have accuculated seven Swedish Mausers

 

And nobody has ever proposed banning them.

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Response to slackmaster (Reply #17)

Fri Dec 7, 2012, 02:07 PM

18. nice

 

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Response to slackmaster (Reply #5)

Fri Dec 7, 2012, 01:42 PM

7. Enjoy them. I suppose you hope to profit by "transferring" one to others.


More gun pollution for society.

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Response to Hoyt (Reply #7)

Fri Dec 7, 2012, 01:44 PM

9. Once again Hoyt has forgotten that I don't sell firearms

 

Something I've pointed out to him repeatedly, but he still chooses not to get it.

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Response to slackmaster (Reply #9)

Fri Dec 7, 2012, 01:48 PM

10. Right. Let's assume you keep your arsenal/cache -- what happens when you are too old to use them?


Fact is that every gun manufactured today to meet demand of gun culture will be a potential problem in the future. It is pollution just as detrimental to society as coal, chemicals, carbon, etc.

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Response to Hoyt (Reply #10)

Fri Dec 7, 2012, 01:52 PM

12. My intention is to bequeath my gun collection to one or more family members and friends

 

If I get stuck in a situation where I need cash, then I'd consider selling some of them.

Fact is that every gun manufactured today to meet demand of gun culture will be a potential problem in the future.

Or not.

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Response to Playinghardball (Original post)

Fri Dec 7, 2012, 01:49 PM

11. Gun sales

 

The utter terror that Delicate Flowers have when they see, or even just imagine, a darker-skinned human than themselves is causing record sales.

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Response to Playinghardball (Original post)

Fri Dec 7, 2012, 02:01 PM

13. Actually, "The dirty little secret is that" some stockholders in S&W and other companies may be

 

pushing anti-gun rants to increase sales and dividends.

Has no stockholder in S&W or other gun manufacturing companies ever thought of this?

Quite frankly, I doubt the sincerity of those who post anti-gun rants while knowing that there is no politicial support for futher unreasonable restrictions against law-abiding citizens.

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Response to Playinghardball (Original post)

Fri Dec 7, 2012, 02:02 PM

15. Is it just me or is it everytime there's a shooting

Gun sales go through the roof?

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Response to sakabatou (Reply #15)

Fri Dec 7, 2012, 02:04 PM

16. Every time the word "gun" is said on TV, gun sales go through the roof

 

A lot of people like guns, and any mention of them makes people think about them. Thinking about things often leads to buying them.

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Response to Playinghardball (Original post)

Fri Dec 7, 2012, 02:21 PM

19. Locking

This does not meet the SoP of this Forum.
Please feel free to repost in Gun Control & RKBA here: http://www.democraticunderground.com/?com=forum&id=1172

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