Falling TV Prices

Like many other effects of falling economy, one is faced by TV sellers. But for buys you can always say that its a good time to buy a television.

Salesmen are quote disappointed on the scenario and think that what would have sold for $6000 a few years ago is currently sold at $3000. More TV's, LCDs and all products are sold by the companies but their annual income are much lower than past years.

Paul Gagnon, director of North America TV research for DisplaySearch, which tracks the market, noted that a 60-inch LCD television by Sharp was now selling for as little as $799 — about half of what it was selling just a year ago. “Absolutely amazing,” he said.

He analyzed that there were roughly 32 million television sets sold in North America in 2004, for an average cost of $400 and average size of a television was 27 inches. Today, 44 million sets are sold a year in North America, with an average cost of $460 and an average size of 38 inches.