I wanted to ask some questions as I try and compare the headphone/audiophile industry to the wine industry (have a couple friends in the wine business and have done a lot of buying/shopping/drinking/spending/etc. + making!).
What I have found is that the high-end wine cannot even be made in high enough quantities even if there was the demand because the land/grapes/climate/year aren't available enough.
So, generally, the high end wines satisfy either the rich, the really knowledgable, the investor, the collector, or some combination of these traits. (Does this apply to audiophiles as it does to wine connoisseurs?)
With that being said...the STEEP pyramid of high-end wines/buyers down to lower-end wine/buyers and the low possibility of high/consistent wine production + inability to really quantify wine qualities (like your frequency charts, but even those seem to be merely a guide) and the variation in bottling/storage/cork integrity means that the high-end wines are most often only the "flagships" that build the brand- unless that is the only business model and that wine is a "cult" wine sold for prices high enough to support the entire venture (Google: "Screaming Eagle").
I don't think that the high-end wines mean as much to the company's bottom line in many cases (pun intended) as the "transference" of quality/reputation to the lower lines for quantity and margin. The ratings/trusted sources/testimony of those that try the brand then move that experience to others that will then buy what they can justify/afford (unless they are Head-Fier's J/K). Many people have different reasons and acuity when it comes to drinking wine + have different experience levels and preferences.
That being said, what I LOVE about the audiophile world is that these products last, can be transferred/resold, can be enjoyed by multitudes (and at work!!!), and can (another pun) supremely enhance the expensive gear and music collection that we ALREADY own and had no idea was so satisfying with a strengthening of the weakest links in our delivery systems.
Now, I don't even have high-end here and I will be making all kinds of calculations in the future (okay...with mostly feelings) about whether I even want to hear the really high-end stuff (like I've had high-end wine) or if I just want to stop at what I really enjoy and know are commonly enjoyed by other enthusiasts as the biggest WOW for the buck. We have to pick our battles unless we fall into the rich category...
So, can the High-end cans with rare wood be made in high quantity? Is the market big enough for a business model to develop in these cases? If not, then smaller run and a larger line will mean necessary stratification of pricing structure due to the exponential complexity of the operation...scalability and so many other factors come into play...this just raises so many questions.
Does anyone (without naming companies) know if high-end sales are a large part of the business? Is the wood getting harder and harder to source?
Is the margin better OVERALL on the mid-range cans or the high-end cans, regardless of the percentage of the business that that product comprises in the line-up?
My bottom line, so far, is that I (and now all those around me because I am becoming a zealot) can tell a difference A/B'ing what I present to them compared to what they are accustomed to using. With very little experience. I didn't need to hang around snobs to use my own senses and experience to know that I really like what I'm hearing and it is worth it to me. (Gosh I hope I am not doing a killer job of rationalizing a higher-end Alessandro in a year and upgraditis thereafter.)
So, it seems to me that there were fair questions in the Original Post and that there was also hope from a wallet that it could be happy with plastic cans.
Right now I take pride in and like the look of my matching Black Plastic with White Pad Printed Branding. But I do love wood...
But, I and I didn't mean to go on some rant here with no actual answers or questions but the beginning of an inquiry:
Is the audiophile world like this? High end satisfies the hard-core and builds brand, then transfers down to sales in mid-categories and the bulk of profits come from here while the "pride" of the company comes from low-volume SKUs?
I also tend to believe that each house is it's own model...Grado is smaller and will probably always be so by choice and will put out great stuff that many love as the demand is there and many will be happy and Grado family/business will survive vs. Chinese companies we know nothing about and don't care as long as their products are good + inexpensive (or good value) <I know some of you know Fang so don't take this the wrong way please> vs. large, diversified companies that are super corporate and polished and can also make many happy and serve consumer need (Sennheiser/Monster/Bose)? <I know that Head-Fier's prefer Senn, but I wanted to make a point. Some of us want everyone to know and enjoy great sound plus reward the very best companies and products, others do enjoy the inside knowledge and amazing soundscape that few have a chance to experience>
I mean, without any knowledge of Joe Grado- is it really that lucrative unless you do high-volume?