Report: HDTV Prices Up, Sales Down
By
| May 7, 2009
Data from the Retrevo Pulse, which includes a publicly available index that maps daily trends in consumer electronics, indicates a disproportionate drop in demand for HDTV sets compared to other consumer electronics such as digital cameras, camcorders and DVD/Blu-ray Disc players.
According to Retrevo’s index, prices for HDTV products began to rise in mid-January, with the average selling price surging approximately 30 percent from January to mid-April. During the same time period, Retrevo’s index indicates consumer demand for HDTVs continued to weaken, while other electronics product categories remained flat or increased slightly. Retrevo speculates that high prices may have discouraged buyers with a resulting decrease in demand.