Sharp holiday price drops seen for flat-panel TVs
Thursday, November 25, 2010 - 13:00
in Mathematics & Economics
(AP) -- If you're in the market for a new flat-panel TV, it's a good time to buy. TV prices usually drop from year to year, and the decline will be sharp this season thanks to a supply glut. Consumers have been holding out all year for better deals, leaving lots of unsold televisions on the shelves. Prices for high-definition LCD TVs will fall more than twice as fast as they have so far this year as manufacturers and retailers clear out inventory, analysts predict.