Wednesday, May 17, 2006

CEA: HDTV Sales Up 101% Over '05

The Consumer Electronics Association said last week that HDTV sales rose to 3.4 million in the first quarter of '06, a 101% increase from the same quarter last year. In all, consumers spent about $3.6 billion on HDTVs in Q1 '06. The CEA also released survey data showing that 49% of consumers plan to make their next TV purchase some kind of flat-panel display (plasma and LCD would seem to be the likely candidates).

Market research firm Current Analysis, my old employer, reports that the average plasma display street price fell 9% from March to April, coming in at just over $3,300.

For what it's worth, the CEA data refers to DTVs, or digital TVs, which was a much more relevant term two or three years ago when EDTVs were a popular way of getting near-HD quality at a discounted price. Nowadays you'd be hard pressed to find more than a couple of EDTVs for sale at your local electronics retailer.

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