Sure. It's a rather tiny market that can't support a lot of furniture makers. But it can support at least a couple, and I'll bet you that those ones aren't going cheap on materials.
> Everyone seems to forget that Apple was nearly bankrupt in the 90s
I certainly haven't forgotten, but that's orthogonal to my point. My point is that in many industries, there are high-quality, very expensive versions of the products. One of the things that makes them high quality and expensive is that they don't cut corners. In electronics, I've seen the same effect, where extra care and expense was placed into things that technically don't need it and are unlikely to ever be seen by the customer. That extra care and expense matters to that demographic, though.