LCD TVs are hot holiday gadgets

Posted on Monday, Jan 01 2007 @ 02:12 CET by Thomas De Maesschalck
NDP analyst Steve Baker says digital cameras were one of the major consumer electronics holiday spending posts from 2003 to 2005.

This year this changed a bit as consumer spent $925 on TVs and $825 on digital cameras. Large 30-inch and bigger LCD TVs sold pretty well thanks to the low prices and wide availability. More than 1.3 million LCD TVs were sold during the holiday season.
During the holiday season--the five weeks between Thanksgiving and Christmas--spending overall increased 6.5 percent to $8.75 billion, Baker said.

The third-place category was notebook computers, with $810 million spent on a total of 1 million systems, followed by digital media players, with $720 million spent on about 5 million units, Baker said.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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