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

Growing Venture Capital in APAC AI Market

Technology is a compelling catalyst for economic growth across the globe.  Artificial intelligence (AI) rides a seismic wave of transformation in the Asia-Pacific (APAC) region — a market bolstered by bold government initiatives, swelling pools of capital, and vibrant tech ambition. The latest IDC analysis sheds light on this dynamic market. Despite a contraction in deal volumes through 2024, total AI venture funding surged to an impressive $15.4 billion — a signal of the region’s resilience and the maturation of its digital-native businesses (DNBs). Asia-Pacific AI Market Development The APAC AI sector’s funding story is not just about headline numbers but also about how and where investments are shifting. Even as the number of deals slowed, the aggregate value of investments climbed, reflecting a preference among investors for fewer but larger, high-potential bets on mature or highly scalable AI enterprises. The information technology sector led the AI investment charge. Top area...