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Comments on: CEA: Economy down, TV sales up

Despite widespread financial woes, sales of flat-panel TVs and game hardware should do fine during the holidays, the Consumer Electronics Association says during an industry Webcast.

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by timber2005 October 7, 2008 7:00 PM PDT
Well you know there is that whole Analoge/Digital broadcast deadline coming up. Since most people feel that it's just better to upgrade their entire TV...

Still, basic economics. As income goes down, (when it does anyway), TV's are a normal good and will also decline.
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by kieranmullen October 8, 2008 1:52 AM PDT
I dont know if TV sales will decline that much. It is cheap entertainment rather than having to go outdoors.

KieranMullen
http://360Oregon.com
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by fuzbears October 8, 2008 8:34 AM PDT
Now that movie tickets are over 10 dollars, and bars and restaurants are raising prices, inventing in home entertainment seems like a bargain. Rather than spend the 3000K necessary to take kids to Disney, you can get an XBOX and TV for half that, and still make family happy. Until things get real dire, increased spending at home is an intermediate step in belt tightening..
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by djFLWB October 8, 2008 9:10 AM PDT
While not necessarily cheap, tv is cheaper entertainment.
Let's see how the levels of obesity rise during the economic downturn as people leave their homes less.
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by cjguest October 8, 2008 9:12 AM PDT
The easiest way to save money these days is to stay indoors! There is also a cyclical play in this. Football season always yields higher big screen sales and with the weather turning more will be staying in their homes anyway. Gaming is just like any other awesome addiction... you'll make concessions to get your fix!
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