News Stories

HDTV Expert – Ho-Ho-Ho! Is Turning Into Uh-Oh-Oh!

[HDTV Magazine]

…  Both Sony and Panasonic posted substantial losses for the current fiscal quarter and are looking at lots of red ink next March, when their current fiscal year ends. Sony forecast a $2.2 billion loss for its TV operations in the fiscal year that ends next March. Overall, the company is looking at a $1.1 billion net loss for the current financial year, which reverses an earlier prediction of a $730 million profit.  …

What does all of this mean to you? Expect to see deep discounts on TVs starting around Black Friday. There will be some amazing deals on large (55 inch and up) LCD and plasma TVs. Even the 3D products are going to come down in price, continuing a trend of diminishing premiums for 3D functionality.  …

See the full story here: http://www.hdtvmagazine.com/columns/2011/11/hdtv-expert-hohoho-is-turning-into-uhohoh.php

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