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Consumer electronics spending hits $144B in 2011
Recent news of Apple killing it with fourth-quarter earnings and holiday spending showing more people shopping online was re-confirmed today by market research company The NPD Group.
Their numbers show that these fourth-quarter trends actually held true for all of 2011.
According data crunched by NPD, U.S. consumer electronics sales reached $144 billion in 2011, with Apple topping as the No. 1 brand. Additionally, in-store sales fell by 2.5 percent in 2011, while online sales jumped by 7 percent.
The top five categories for electronic spending were PCs, TVs, tablets and e-readers, mobile phones, and video game hardware, … Read more
