With television set prices falling, a large-screen liquid-crystal display TV will soon cost less than an iPad, which is one-tenth of the size, reports Bloomberg.
The average price of a 42-inch LCD TV will probably decline 10% this year, ending at an average price of $578, according to research firm DisplaySearch, the story notes. By comparison, iPad tablet computers cost between $499 and $829 in the U.S., with the Wi-Fi only, 32-gigabyte version selling for $599, the piece points out.
In 1954, the first color RCA-brand TV with a 12-inch screen was sold in the U.S. for $1,000, the story notes. Almost a decade ago, Samsung began offering a 40-inch LCD set for about $8,000. iPad prices haven’t changed since Apple introduced the first model in January 2010, the piece points out.