Gregg.Siam wrote in post #14561495
Let's be realistic. You can go 2 ways;
1. sell 10,000 widgets and get $1 profit each
2. sell 1 widget and get $10,000 profit
Leica is the former. The quality of the Leica build doesn't justify anything. A Canon 5D series is far more complex of a camera and took much more research and design capitol to build it.
Leica is purely going for as much as they can get per unit and doing that by making it a luxury item, branding, and living off its old name. It has zero to do with build or the quality of the images. end of story.
You mean it's the latter (low volume, high per-item profit), right? And the price has very much to do with the construction, design and craftsmanship. You can see this even across the Leica product map. The "budget" Summarit lenses are lower in quality and cost much less than their faster and better-constructed counterparts.
Leica lenses are built like this.
Consumers have confidence in the expensive process that turns out these lenses a few dozen at a time. The new SLR Magic 50mm f0.95
lens has a lot of people excited because it could compete with the 50mm Noctilux at half the price, but it will be (if memory serves) built in Hong Kong, and many are worried about that.
While branding is without doubt an element of the Leica pricing strategy, it can't be denied that the manufacture contributes to price. That's not to mention the lenses are among the best in any camera platform, and highly compact.
---
A large number of people seem convinced that Leica shooters are cynical old men with too much money and too little sense (lawyer types, let's say). This couldn't be further from the truth. Some people actually enjoy rangefinder photography, and it has nothing to do with nostalgia. I assure you that all the young people coming in droves to Leica are far too young to be nostalgic about anything older than, say, Tamagotchi
. 
As others have said, Leica provides an alternative to the mass-produced, highly sophisticated cameras the vast majority of photographers would be satisfied using. Leica has nothing to offer most people - at any price point. Its products are highly specialized, and the combination of niche positioning, quality manufacture and, yes, branding, contributes to that cost.
Short version of all this: have a great time shooting whatever type of camera works for you.