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

Shared Infrastructure Leads Cloud Expansion

The global cloud computing market is undergoing new significant growth, driven by the rapid adoption of artificial intelligence (AI) and the demand for flexible, scalable infrastructure. The recent market study by International Data Corporation (IDC) provides compelling evidence of this transformation, highlighting the accelerating growth in cloud infrastructure spending and the pivotal role of AI in shaping the industry's future trajectory. Shared Infrastructure Market Development The study reveals a 36.9 percent year-over-year worldwide increase in spending on compute and storage infrastructure products for cloud deployments in the first quarter of 2024, reaching $33 billion. This growth substantially outpaced non-cloud infrastructure spending, which saw a modest 5.7 percent increase to $13.9 billion during the same period. The surge in cloud infrastructure spending was partially fueled by an 11.4 percent growth in unit demand, influenced by higher average selling prices, primari