Armalite created the AR-15, sold the rights to Colt in the fifties, and the design long ago emerged from patent and became widely-copied. The AR-15 itself will no longer be made for consumers by Colt, it says. It says they're just not that popular among consumers and the company needs to focus on institutional sales.
The fact of the matter is that over the last few years, the market for modern sporting rifles has experienced significant excess manufacturing capacity. Given this level of manufacturing capacity, we believe there is adequate supply for modern sporting rifles for the foreseeable future. ... At the end of the day, we believe it is good sense to follow consumer demand and to adjust as market dynamics change. Colt has been a stout supporter of the Second Amendment for over 180 years, remains so, and will continue to provide its customers with the finest quality firearms in the world.
Missing in a lot of the coverage is the fact lots of companies make AR-15s. Colt not making AR-15s is like Sony not making laptops.
If the Webbys have any legitimacy, than a content of the year award should go to Willie McNabb for his famous tweet. It generated endless brilliant mockery online. But Reply All interviewed Willie and learned two things: (1) he’s a terrific sport; and (2) he had a point. The first part of episode #149 features […]
Hasbro's got a new foam dart gun, the $50 Nerf Ultra One blaster, and to make sure that owners of this toy arrange their affairs to the benefit of Hasbro's shareholders, the company has engineered a digital rights management system that detects and refuses to fire third-party darts, which sell by the hundreds for just […]
Some of the biggest names in business, including the CEOs of Twitter, Uber, Reddit, Conde Nast, Bad Robot and a host of others sent a letter to Congress this morning urging immediate action on gun violence. The letter follows similar pleas from Walmart after shootings at the country’s largest retailer left nearly 30 people dead […]
With the gains real estate has made over stocks in the past 25 years, it’s easy to see why the rich constantly use it to expand their wealth. What’s slightly less obvious is why only the rich seem to ever break into real estate investment. There are a lot of reasons, but a couple of […]
If you’re a coder, there’s a multitude of avenues for you to take your skills. Whether you’re just jumping into the world of programming or looking to rise up the ranks as an established professional, a wide base of knowledge is key. And this Premium 2020 Learn to Code Certification Bundle is a resource that’s […]
Everybody could use a little improvement, especially those of us on the hunt for new careers. Each job requires a different set of skills, and that list can change from year to year or even month to month as new technologies emerge. When you’re in that race and need to learn fast, the old model […]