Skip to main content

Holiday Consumer Electronics Upside

Many high-tech holiday shoppers are bypassing bargain bins in favor of high-end electronics. Revenue from holiday sales of personal electronics is expected to rise 9 percent over last year, says the Consumer Electronics Association.

�Computers The average price of a PC jumped 11 percent during the first week of the holiday season from a year ago, says researcher Current Analysis. That compared with a 3 percent decline in 2004. Shoppers are splurging for laptops, which usually cost more than desktops, says Current Analysis analyst Samir Bhavnani.

�Video game systems. Microsoft's new Xbox 360, which comes in $300 and $400 models, appears to be a hit. Although Microsoft hasn't released sales figures, many stores sold out shortly after it launched on November 22. The Xbox 360 was the No. 1 search last week on Shopping.com, a shopping website. Also in the top 10 searches: Sony's PlayStation Portable ($250).

�Music players. Apple recently released two digital music players: the Nano (in $199 and $249 models), and video iPod ($299 and $399). Surprisingly, the more expensive iPods have been selling as well, if not better, than the lower-priced ones early in the shopping season, Bear Stearns equity analyst Andy Neff said in a research note. Some stores are running out.

�Cellphones. Sales of Nokia's 8801 cellphone ($899), available from Neiman Marcus, have "far surpassed" expectations, spokesman Keith Nowak says.

Popular posts from this blog

Why Europe's AI Investment Surge is Strategic

When enterprises begin treating AI budget as the line item they protect last when cutting elsewhere, the market has crossed a threshold that analysts rarely name explicitly. That is precisely where Europe now stands. A new forecast from IDC projects European AI spending will reach nearly $470 billion by 2030, expanding at a 35 percent CAGR over the next five years. European enterprises are allocating capital toward AI because the operational returns on cost efficiency, risk mitigation, and resilience are now demonstrable enough to justify sustained budget commitment. The strategic implication is significant: AI has moved from the innovation portfolio into core operational infrastructure. European AI Market Development Generative AI solutions, already embedded across enterprise deployments, are expected to account for more than 55 percent of the total market by the end of the forecast period.  Software is both the largest technology segment, at 54.9 percent of total spending in 2026...