Sunday, June 22, 2008

Consumers keep shopping for gadgets despite tough economic times, but will it last?

The San Diego Union-Tribune"At Dallas-based market research firm Parks Associates, which has its own forecast of consumer electronics sales, principal analyst Kurt Scherf isn't surprised by the conflicting survey results."

"Scherf's survey suggests that a different group of electronics will hold up well in the slow economy. While the CEA expects HDTVs, video game consoles and GPS devices to do well, Scherf sees those products as vulnerable to consumer cutbacks. He sees MP3 players, home theaters and digital cameras as recession-resistant."

From the article, "Consumers keep shopping for gadgets despite tough economic times, but will it last?" by Jonathan Sidener 

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