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

Trillion-Dollar Smart Power Grid Transformation

The global energy landscape is undergoing a significant transformation. Renewable energy sources like solar and wind are rapidly gaining ground as we transition towards net-zero emissions. However, this transition hinges on a crucial but often overlooked factor: the modernization and expansion of our aging power grids across the globe. For decades the backbone of our electricity delivery system has been largely static. The influx of variable renewable energy sources like solar and wind presents a new challenge. Smart Power Grid Market Development Integrating these resources effectively requires a Smarter, more Responsive grid that can handle fluctuating power generation and efficiently distribute it across vast distances. This is where a new trillion-dollar energy market growth opportunity emerges. According to a recent worldwide market study by ABI Research, global investments in public grid digitalization and transmission network expansion must exceed $4 trillion by 2030 to meet our