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TV sales predicted to drop in 2009

by Iyaz Akhtar on Dec 22, 2008 at 10:15 AM

After reading that television sales were going to be huge this holiday season, DisplaySearch has made an astonishing prediction.  DisplaySearch predicts that TV sales will drop by 4% in 2009.  This figure is a decline in all television sales, LCD sales are predicted to increase by 2%. 

Call me crazy, but that seems to make sense to me.  There were dramatic price cuts in televisions starting before Black Friday and a good HDTV can still be picked up with significant savings.  People were buying televisions in the past couple of months.  If you just bought a new TV in 2008, why would you bother to do so in 2009?  The digital conversion probably drove sales in 2008 and should slow down in 2009.

Read: [IHT.com]

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