After reading that television sales were going to be huge this holiday season, DisplaySearch has made an astonishing prediction. DisplaySearch predicts that TV sales will drop by 4% in 2009. This figure is a decline in all television sales, LCD sales are predicted to increase by 2%.
Call me crazy, but that seems to make sense to me. There were dramatic price cuts in televisions starting before Black Friday and a good HDTV can still be picked up with significant savings. People were buying televisions in the past couple of months. If you just bought a new TV in 2008, why would you bother to do so in 2009? The digital conversion probably drove sales in 2008 and should slow down in 2009.