You're probably correct. That means the audio CD offered cheaper manufacture and superior sound. (Vinyl lovers will dispute the superior sound claims.)
(Now I suspect vinyl's main purpose in life is as a marker of being a discriminating consumer who doesn't want to be a victim of the loudness war, since you can't overdrive a vinyl record in the same way for physical reasons. It is unfortunate that one must go to such measures to opt out of "music that sounds like crap because you ruined it, you stupid music companies".)