The holiday season isn’t getting consumers thrilled about buying new television screens with fancy extras like 3D capability and Internet connectivity, reports Reuters.
Best Buy Chief Executive Brian Dunn told analysts on Tuesday that 3D TV sales have fallen short of industry expectations. the story says.
Part of the problem with 3D television may be the lack of content available for viewers, with the story noting that some consumer electronics executives believe TV sales may improve once more 3D content is produced and consumers begin taping with their own 3D camcorders.
But others aren’t as sanguine, the article explains. "When you get into $2,000 TVs, you start thinking: ‘At what point do I really need this, and is it going to make my viewing experience that much better?’" notes Frank Ingarra, a co-portfolio manager of Hennessy Funds, which owns shares of Best Buy.
Instead of special features, consumers are more interested in TVs with bigger screens, the article notes.