By the time SMSI acquired Poser 7 from eFrontier, the Pro version price tah was elevated to $600, which was very close to the entry-level version of Cinema4D. This was plain ridiculous, considering C4D is an all-in-one 3D modeling and animation application, while Poser can barely handle its flaky IK system and cannot model anything.
That has also coincided with the rise of DS 4, which was surpassing Poser in some aspects, and was given away for free, along with free CCCT (character content creation toolkit), which was previously sold for $400.
Since then, Poser 8, 9, 10 and 11 have added great new functionality to Poser, but ironically, SMS failed to fix the show-stopping issues with their content creation tools in the absurdly overpriced Pro version. This has motivated many CAs to switch to DS, and in most part, I believe it was due to SMS' series of bad business decision concerning Poser, along with their refusal to recognize DAZ as competition. Ignoring the competition doesn't make it go away. It has ended up with the entire US team fired.
With a whole new team, now moved to Europe, there is new blood working on the upcoming Poser 12. Their lack of experience with Poser makes me wonder what the next version will be. I don't know what to expect.