Black Friday Flat Screen TV Sales
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Flat Screen TVs Forecast to Drop to Below $200 for Black Friday Sales
Market forces -- how sweet when they work in consumers' favor. This time it's the price of flat screen TVs, which all247news.com reports will fall significantly in time for the holiday season. Too many units and not enough demand is the reason.
"Market research group iSuppli has forecast a 5% drop by the end of October for flat screen TV retail prices, year over year, and by nearly12% for the end of year. The price drops will benefit consumers just as the holiday shopping season kicks off. Prices are expected to be slashed for the Black Friday sales, reaching a low of sub $250 for a 32" brand name LCD TV and below $200 for special lines of flat-screen TVs.
The price drops have been driven by an oversupply of flat screen TV panels, with 52 million being imported, but only 38.7 million shipped from the warehouses to the retailers..."