Mixed consumer electronics sales expectations
FROM TWICE: Weakest outlook ever recorded
By Colleen Bohen of TWICE -- Video Business, 3/14/2008
MARCH 14 | FROM TWICE: Expectations for consumer electronics sales are mixed for the foreseeable future, based on recent research and analyst reports.A report released this month from the ChangeWave Alliance, which regularly surveys its 15,000 business, technology and medical professional members on the choices they make as consumers, found “consumer electronics spending appears set to take a huge hit going forward.”
The report said 33% of respondents said they plan on spending less on consumer electronics over the next 90 days while only 19% said they’ll spend more. The group said these numbers represent a 10-point decline since January and “the weakest outlook for electronics spending ever recorded in an Alliance survey.”
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