Sales of LCD TVs are helping to boost retailers’ profits in the run-up to Christmas, according to one industry expert.
Britt Beemer, chief executive and founder of America’s Research Group, said that worldwide sales of products such as the Sony Bravia 32” LCD TV are ensuring that companies turn a profit over the busy festive period, despite the recession.
The specialist claimed that consumers are increasingly seeing the benefit of adopting the latest electronics, such as the LOGIK L22LID648 22″ HD Ready digital LCD TV, particularly with the widespread adoption of high definition boxes.
“Electronics sales, especially flat-panel TV sets, are flying out the door this Christmas season. When flat-panel TV sets hit the magic price point, sales go up like a rocket. Twenty years ago, the same thing happened with VCRs,” Mr Beemer explained.
Meanwhile, Don Lindich, writing in the Pittsburgh Post-Gazette, recently said that people who possess game consoles such as a PS3 or Xbox 360 will find that investing in an LCD TV enhances their experience considerably.