2008 consumer electronics sales seen up
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Growth in U.S. consumer electronics sales is likely to slow in 2008 but still come in at 6.1 percent, fueled by strong demand for products like televisions and personal audio devices, an industry trade group said on Monday.
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Global sales of portable digital music players are expected to rise significantly this year, the world's second-largest manufacturer of MP3 players said on Tuesday.
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Spending by US consumers rose in November, suggesting shoppers will continue to boost economic growth this quarter. The 0.2 percent gain in personal expenditures on goods and services
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Worldwide semiconductor sales rose 9.2 percent in January, boosted by better-than-expected cell phone shipments and strong sales of personal computers, digital cameras and music players, an industry group said on Monday.
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Holiday sales are expected to rise,   though at a slower rate than last year as consumers fret about   the declining housing market, according to a National Retail   Federation economic forecast on Tuesday.
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Global consumer electronics sales are  expected to climb by 11 percent in 2005, marking the second  year in a row of double-digit growth, powered by demand for  big-screen TVs, pocket-sized music players and tiny memory  cards, an industry trade group said on Tuesday.
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Sales of personal computers increased faster in the fourth quarter of last year than expected, driven by lower prices and the move by Dell to sell through retail stores.
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The world's premier  consumer electronics show kicks off in Las Vegas next week, but  economic headwinds may mute the glitz and glamour of a  conference that defines what gadgets are in store for 2008.
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Global semiconductor sales reached a record $248 billion last year, driven largely by favorable economic conditions and rising demand for consumer electronics such as high-definition TVs, digital music players and cell phones, an industry group said Friday.
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Consumer electronics retailer Best Buy Co  said on Friday that sales at stores open at least 14 months rose 1.5 percent in December and affirmed its fiscal 2008 earnings outlook.
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Club makers and assorted equipment providers expect sales to reach nearly $4 billion this year, up slightly from last year.
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The Consumer Electronics Show kicks off in Las Vegas next week, but economic headwinds, such as a global credit crunch and  higher oil prices,  may tone down the glitz of a conference that defines what gadgets are in store for 2008.
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Sony Corp.  said on Monday U.S. sales of electronics have been better than expected so far this holiday shopping season, fueled by demand for flat panel televisions and digital cameras.
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(InfoWorld) - Demand for software and IT services will continue to grow steadily in Europe this year, but sluggish performance in the telecommunications sector will dampen the reasons to celebrate, according to a forecast released Thursday ahead of the Cebit trade show. The overall ICT (information and communications technology) market will grow by only 2.9 percent in 2007, to â¬668 billion ($887 billion), the European Information Technology Observatory (EITO) predicted in its annual report. That's slightly slower than last year, and well down from 2005 growth of 4.1 percent. The IT sector, including software, hardware and services, will show the strongest growth, up 4.4 percent this year to â¬320 billion, the EITO said. Software spending will lead the way, increasing by 6.5 percent this year, compared with 6.3 percent in 2006. IT services, including outsourcing, consulting, and systems integration, will grow by 5.5 percent, up from 5.3 percent in 2006. Hardware revenue is expected to grow just 1.7 percent in 2007, driven by notebooks and multifunction devices such as printer-scanners. Demand for desktop PCs will dip slightly, the study said. In 2008 Europe's IT sector will grow slightly more quickly at 4.7 percent, the EITO said, to reach â¬335 billion. The market for telecommunication products and services, by comparison, is expected to grow only 1.5 percent this year, to â¬348 billion, and by 1.1 percent in 2008. The biggest sales-generator for telecommunications this year will be broadband access systems, particularly DSL (Digital Subscriber Line) modems in homes. More than 42 percent of European homes are now connected to the Internet via broadband access systems, the report said. The EITO study also contains revenue forecasts for consumer electronics products. Sales are expected to increase 2.5 percent, buoyed by strong demand for flat-screen TVs.
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Acer says a strong laptop market will push its 2008 sales up 35 percent over last year.
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Sales of portable digital-audio players are booming, and IDC predicts the market will generate $58 billion by 2008. The research firm says Apple&#39;s iPod will continue to be a major participant
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Few people today are buying UMPCs, but a new chip and lower prices could help by early 2008.