CEA Lowers 4Q Electronics Forecast

Dec 5, 2008  •  Post A Comment

The Consumer Electronics Association said fourth-quarter consumer electronics revenue will be little changed from a year earlier, down from a prior forecast of a 3.5% increase, Broadcasting & Cable reports. The pullback was largely related to falling prices of flat-screen televisions, as October flat-screen TV sales fell 3% from a year earlier despite a 22% jump in units shipped, B&C says.
—Danny King

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