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LCD TV Price Drop

Discussion in 'General Discussion' started by Space_Cowboy, May 27, 2008.

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  1. Space_Cowboy Newcomer, in training

    I heard that LCD TV's are going to drop in price by 20-25% in June. Has anyone else seen or heard about this?

    Thx
    Space_Cowboy, May 27, 2008
    #1

  2. Julio Franco TechSpot Editor

    Where did you hear this? Price drops have been constant for the past 24 months but I can't think of a particular reason why such a big drop in June.
    Julio Franco, May 27, 2008
    #2

  3. raybay TechSpot Addict

    Common out here. Mothers Day, Fathers Day, and Graduation have passed by then, and sales drop dramatically when people use their extra funds for summer travel. It takes a lot to pull them back into the store. Happens every year to get rid of old stock. The new stock comes in at the higher prices before October 1.
    raybay, May 27, 2008
    #3

  4. Space_Cowboy Newcomer, in training

    I could swear I read it on Gizmodo, but now I can't find the blog. They basically stated that one of the major LCD TV Mfg's like Samsung was going to lower prices by 20-25% next month (June) and that this would cause the other mfg's to do they same. The reason why they are doing this is because sales has not been as good as projected and they want to boost it.
    Space_Cowboy, May 28, 2008
    #4

  5. Julio Franco TechSpot Editor

    That may be possible. Samsung also manufactures panels so it could also be that prices for those are dropping which will lead to an eventual price drop in LCDs across the board. If that would be the case it would take a bit longer, likely until the holiday season.
    Julio Franco, May 28, 2008
    #5

  6. captaincranky TechSpot Addict

    The Sky is Falling......

    Normally, sometime during the summer, Best Buy offers dramatic price reductions on LCD monitors. August 7, 2007, I purchased a Westinghouse 22" widescreen for $179.95. Normal year round selling price is about $250.00, even on line.

    My concern this year is whether the falling value of the dollar and shipping costs would offset typical summer bargains, and actually cause rising prices in the fall.

    Or, if realizing that nobody has as much "disposible" income, the dealers and manufacturers stage even bigger price reductions to keep cash flow going, or from flowing to someplace else.

    You know the US dollar is in trouble when people from Europe are coming to America for shopping bargains. But, eventually it seems a weak dollar will drive at home prices up rather than down.
    captaincranky, May 29, 2008
    #6
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