Stunning Pre-Holiday Price Drops for HDTVs

For those wanting to buy a new LCD TV, rejoice! PriceScan reported that LCD TV prices will fall fast for this coming holiday shopping. 40-inch 1080p LCD HDTVs fell 12 percent in the third quarter of 2008, including eight percent in September alone. For a device with this size and sought after by many household, this price drop is staggering and would definitely attract lots of people.

With this kind of price drop at this early stage of the holiday season, shoppers only question will be, how low will the price drop go. A report by PriceGrabber found that, despite the financial crisis, three-quarters of online shoppers who don’t already own a high-def TV plan to purchase one within the next year. The Consumer Electronics Association, for its part, also predicted that TV sales will remain strong this holiday season. When you consider the DTV transition, signs seem to point to a healthy market for HDTV shoppers, even if dropping prices shave profit margins even thinner for manufacturers.

So for those who want to purchase a new HDTV, this could be the best time to look around.

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