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While LCD televisions are seeming to reign supreme in the marketplace, a surprising figure was revealed in a recent survey conducted by DisplaySearch, a North American research firm, about the number two spot. Picture-tube CRT TVs, in all their non-skinny, non-sexy bulky squareness, outsold plasmas in the first quarter of 2008! I know, shocking! What could possibly be the reason?
Just last week, we reported about the somewhat dismal adoption of Blu-ray among consumers. We said it seemed that $300 was the magic number that would entice more folks to whip out the credit card and go Blu. Seems like Wal-Mart was taking notes. Wal-Mart is going to begin selling the Magnavox NB500MG9 in a few weeks for just under $300. Whoa, big boy, you might want to think about this before you park your RV outside your nearest Wal-Mart.
Honey, pass the Puppy Chow and hand me the remote.
In a time of economic woes, Wal-Mart has posted earnings that are up 6.9%. While many folks are struggling to make their house payments, where's the profit coming from? Oddly enough, it's the economic problems that are driving the sales. When times are tough, the tough go shopping! Seriously. As times get tougher, discount stores see increased sales, and Wal-Mart is certainly the most popular discount store that folks are flocking to. What's even more surprising is what they're spending their limited funds on.
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