(and lest you think I'm joking: https://www.dpreview.com/news/9864312105/leica-releases-limi...)
And I say this as someone who has previously owned and shot with a Leica M6 and currently owns and shoots with a Leica IIIf.
Couple being sub-par with being much more expensive and you get something that is moreso useful for image than as a tool.
And it's a buyers market.
I disagree, the Company was founded in 1903 and was did well into the 90's and then the 50 plus crowd decided to be some kind of poser biker gang type and destroyed the brand. Not very different than what happened to the Corvette and all the 6o plus folks buying them the last 20 years.
All of a sudden in the 90's a lot of these 40-60 year olds started to try and recapture their youth or that coolness they never had. They started buying Harley's and dressing in Leather and making these ridiculous club patches and driving around revving their motorcycles everywhere. It was so cringe that you actually felt ashamed for them.
Here is a good clip from South Park that kind of sums it all up.
Actually, they kept the brand alive by buying the product.
Without those people they'd have died long ago.