Tech bargains may be going the way of jobs, housing, food

Next Story

Facebook: Privacy Now Optional

cheap

The NPD Group is reporting that consumer electronics sales will fall .6% while prices of gadgets to go up in reaction to the Great Depression II.

The death of Circuit City and the rise in component prices promise to add 2 to 23% to the prices of the average gadget, making the days of a new TV every few years merely a happy memory. Gear was cheap because we had a perceived surfeit of credit and/or money. Now that we have little of either, it doesn’t make sense to buy a Shuffle thereby lowering demand.

Prices have gone down quite quickly over the past few years but expect those prices to level off this and next year.

blog comments powered by Disqus