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Hi-def woven into the fabric of society, apparently

December 19th, 2007 · No Comments

There are plenty of naysayers in the AV industry who claim that Joe Public isn’t really interested in high definition at all, citing lackluster sales off HD disc spinners, but s, HD camcorders and game consoles are all proving red hot sellers at US retail.
John Kelly, merchandising chief at Circuit City says that high definition is “the most significant consumer electronics feature in the last 15 years, bigger than VCRs or DVD players.” The view is the same at rival CE chain Best Buy: “It’s the biggest thing that’s ever happened in the consumer electronics industry,” says VP for CE Mike Mohan.
Sales of HDTVs will leap from 20 billion dollars in 2005 to an estimated 65 billion by 2009. According to the CEA, high definition is “becoming woven into the fabric” of American society.

Tags: HD DVD and Blu-ray · High definition TV · Trade

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