Glock

“Glock's gross margins exceeded 65%. By comparison, Smith and Wesson and Beretta ranged five to 20% of profit.”

“The biggest sales opportunity of Glock's entire career was somebody else's idea.”

“The company sells more than 20,000 guns a month at an average cost of 600 dollars a piece. They've sold over 500,000 Glocks in North America alone. Four out of five Glocks produced in 1995 were purchased by civilians who paid much higher prices than police dep…”

“The American civilian gun-buying population tends to gravitate towards what the professionals carry, and as a result, for Glock, this will, this translated into a bonanza.”

“They unveiled the Glock at a trade show in America. They sell 20,000 units on the first day.”

“More than 1000 requests for free samples of law enforcement agencies in 1986 alone. Glock would send the guns for free, said, hey, if you want to keep them, just send us a check, and the check, the price would be heavily discounted because Glock knew that the …”

“The garage metal shop expanded over time to make steel blades, which so impressed Austria's Ministry of Defense that Glock obtained a contract to supply field knives and bayonets to the Austrian army.”

“The deals worked financially because of the company's startlingly low manufacturing costs, which Glock was able to push down even further to less than a hundred dollars a unit as its production volume grew.”

“The Austrian counterparts give the U.S. Secret Service a gift. They give them a bunch of Glocks. The U.S. Secret Service agents return with unusual gifts from their Austrian counterparts. Three high capacity black polymer pistols. It was Glocks first official …”

“Smith and Wesson ignored Glock at first, then they scoffed at him, and eventually they began imitating him. He actually sues them later on and wins, like, a patent infringement case against them.”

“Clock produced the simplest handgun with only 34 components.”

“To this day, the Glock family owns the company.”