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Recession Not Hurting HDTV Sales

by Tim Stevens on May 28, 2009 at 05:26 PM

Recession Not Hurting HDTV Sales
Times are tough and the markets are way down. People are losing jobs, industries are collapsing, and nobody knows when it all will end. That's not stopping people from upgrading televisions, though; a newly published report covered by the AP shows that HDTV sales are soaring, despite all the economic uncertainty.

According to sales figures released by iSuppli Corporation, 7.8 million flat-panel HDTVs were sold in the first three months of 2009. That's a 17-percent increase from 2008, a huge jump considering all the woe that we see on the news every day. It's an even bigger surprise considering that sales actually dropped in the previous quarter, the all-important holiday season.

That boost is surely due in part to the digital TV transition, but it seems that more and more people are just taking this chance to get rid of their giant, heavy, inefficient screens and go for something a little sleeker and brighter. Even in tough times you have to treat yourself once in awhile. [From: AP/Newsvine]

Tags: digital television, DigitalTelevision, dtv, economy, flat-panel, hdtv, lcd, retail, shopping, top, tv

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