Slower Sales Are Expected For TV Sets

SLOWER SALES ARE EXPECTED FOR TV SETS
[SOURCE: Wall Street Journal, AUTHOR: Mary Ellen Lloyd maryellen.lloyd@dowjones.com]
TV sales are expected to decelerate this year, even though millions of households haven't yet switched from bulky, cathode-ray-tube TVs to sets with improved picture technology and, typically, thinner profiles. Much of the expected slowdown is a hangover from 2006, when excess supply heading into the holidays triggered sharp price cuts in digital TVs that were too good to pass up for many Americans, pulling sales forward. But demand in 2007 and this year also weakened amid consumer fears over a possible U.S. recession and tightening credit, according to several industry research firms and brokerages that recently finished crunching sales data from last year.
http://online.wsj.com/article/SB120408289376595901.html?mod=todays_us_pe...
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