Cheap Deals Still Drive TV Sales

Television sales have softened since Labor Day, but not enough to justify some of the unplanned price cuts on television sets, according to This Week In Consumer Electronics. Thanks to the steep discounts, though, flat-panel displays are still selling quite well, even as consumer spending stalls and the rest of the economy crumbles. "I am […]

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Television sales have softened since Labor Day, but not enough to justify some of the unplanned price cuts on television sets, according to This Week In Consumer Electronics.

Thanks to the steep discounts, though, flat-panel displays are still selling quite well, even as consumer spending stalls and the rest of the economy crumbles.

"I am still hopeful that given the historically very strong consumer attitude toward flat-panel TV, there will be resumption in demand through the holidays and it will favor the Samsung brand as it has throughout 2008," Jonas Tanenbaum, a VP of marketing at Samsung, told TWICE.

Photo: Flickr/videocrab