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Saving Green on Flat-Screens, After Black Friday
Electronics | Nov 23, 07
At the risk of contributing to the annual post-Thanksgiving media driven retail sales hype, I thought I'd take note the severe price cuts we've already seen on LCDs and plasmas as we moved into the holidays.
The most popular flat-screen television on PriceSCAN is currently Sony's KDL-52XBR4 52 inch BRAVIA XBR High Definition LCD WEGA, which in early August was going for at least $4,500 and is currently offered for under $3,000.
Time Period: 8/6/2007 through 11/12/2007
Each tick mark represents one week
Red = High Price, Blue = Average Price, Green = Low Price
It's a similar story with the Panasonic TH-50PZ700U, the top plasma and second most popular television on this site. Back in April this set was going for at least $3,400; today you can get one for under $2,500.
Time Period: 4/16/2007 through 11/12/2007
Each tick mark represents one week
Red = High Price, Blue = Average Price, Green = Low Price
Going down the list of televisions on our site, you’ll see the same pattern of 25%-33% price reductions among many of the most sought-after models.
As summer passed into autumn and concern over an end of year slump reached fever pitch, prices on flat screens were slashed repeatedly. These early cuts may limit downside price action as the holiday shopping season progresses, since profit margins may have already been sharply compressed. But come what may, those buying now can be assured they're getting into the flat-screen market at deep discounts to introductory prices.
Posted by jeffrey.trester (Permalink)
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