Consumer Tech Sales on Black Friday 2008 Decline

Black Friday 2008 has come and gone with more than a few reports of tragedy among the good deals. According to research firm NPD Black Friday sales have declined for the first time ever during the week of the busiest shopping day of the year.

NPD says that discounting was much less this year than in previous years and there was an emphasis on online shopping and less exciting products being offered. Despite reduced sales a few bright spots emerged, with one of them being notebook PC sales.

Notebook PCs grew 19% as a category and revenue was up 8%. LCD TVs over 30-inches in size grew 18% in units and 9% in sales dollars. Other categories also grew including GPS, plasma TVs, and digital picture frames, but declined in revenue to reduced selling prices. Overall sales were $2.03 billion, a drop of 8.4% from Black Friday 2007.

Via NPD

What Others Say about This

Outside View: New optimism may indicate stronger growth, more jobs

COLLEGE PARK, Md., Feb. 14 (UPI) -- Optimism is afoot that U.S. economic activity and jobs creation are picking up from the anemic pace that so far has characterized the economic recovery. Reports about innovative manufacturing and firms bringing product ...
Full article at: iStockAnalyst  More like this  50 minutes ago

Paramount inks scribe duo for canine romp

Paramount has tapped comedy writers Alec Berg and Jeff Schaffer to develop a feature based on YouTube hit "Ultimate Dog Tease." "Dog Tease" is being developed through Par's Insurge label, which produced the low-budget hit "The Devil Inside." Berg and Sch ...
Full article at: Original Signal: Movies  More like this  1 hour ago

Entert. & morals don't mix: Kalki

"I think someone who does that well is Imtiaz Ali. He makes commercial films, but still there's some realism to his stories. His characters feel like people from day-to-day life," she said. Kalki, whose husband Kashyap is popular for distinct and out-of- ...
Full article at: Wonder Woman India  More like this  1 hour ago

Don't miss ...

• More Black Friday Stories
• I4U News Homepage