03 November 2008

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TV OR NOT TV? A QUESTION FOR THE HOLIDAYS

NEWS BY ARTIST ALPHABETICALLY

TV OR NOT TV? A QUESTION FOR THE HOLIDAYS

With consumer electronics stores reporting light business -- and some evencontemplating shutting down for good -- some are expected to begin reducingprices of wide-screen HDTV sets before Black Friday, the day afterThanksgiving, regarded as the biggest shopping day of the year. Today's(Monday) New York Times , citing a study by the market research firmDisplaySearch, reported that prices could go as low as $400 for a 32-inchLCD and $600 for a 42-inch plasma model. Stan Glasgow, president of SonyElectronics, told the newspaper that "those numbers do not shock me."Glasgow indicated however,that he's still hoping for the best. "In pastrecessions, consumer electronics has fared rather well,"Glasgow said. "Ibelieve we'll sell more TVs than last year."

03/11/2008




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