Have you been putting off buying a new electronic item such as a Blu Ray player, a HD LCD television or a high definition Plasma television because you are waiting until the price comes down a little more? This is understandable since the retail price of electronic goods seem to become cheaper and cheaper every year. Further to this numerous news reports talk of considerable price reductions on the high street that only seem to give reason for holding off for longer.
Dont the retail prices of electronic goods just keep getting cheaper?
When LCD televisions and Plasma televisions were first launched they cost about 10000.00. Every year they got cheaper and cheaper and right now you can buy them for a fraction of the price when launched, with a much higher specification and superior picture quality. Unfortunately this trend of continuously falling prices is just about to change.
Buy now or pay more later.
In the last 12 months the value of the pound against the Yen, Dollar and Euro has weakened by about 30%. So what has this got to do with the price of consumer electronics? Well because many products are manufactured in Eastern Europe and China the cost of importing them has increased as a consequence of the weakness of the pound. Even electronic goods manufactured in the UK will be affected by this because they use components manufactured outside of the UK.
Due to the economic down turn most top brand consumer electronics manufacturers have tried to absorb this escalation in costs and put off increasing the prices. Unfortunately they cant put this off any longer and announcements have been made by Sony, Panasonic, Yamaha, Denon and Sennheiser that prices will soar by up to 32% in January 2009. As soon as this happens anticipate other manufacturers to follow. The prices may soar on existing models for certain manufactures whilst others may well wait until they launch imminent new ranges of products. However be in no doubt prices will go up. Furthermore if the pound weakens even more then prices may have to increase even further in the future.
Therefore if you are looking to purchase the latest Blu-Ray Player, HD Plasma TV, HD LCD Television or other consumer electronic product now may be a better time than ever or else you will probably not see prices at the existing levels for some time to come. So beat the price increases, buy now, otherwise dont say that you wasn't warned. - 15485
Dont the retail prices of electronic goods just keep getting cheaper?
When LCD televisions and Plasma televisions were first launched they cost about 10000.00. Every year they got cheaper and cheaper and right now you can buy them for a fraction of the price when launched, with a much higher specification and superior picture quality. Unfortunately this trend of continuously falling prices is just about to change.
Buy now or pay more later.
In the last 12 months the value of the pound against the Yen, Dollar and Euro has weakened by about 30%. So what has this got to do with the price of consumer electronics? Well because many products are manufactured in Eastern Europe and China the cost of importing them has increased as a consequence of the weakness of the pound. Even electronic goods manufactured in the UK will be affected by this because they use components manufactured outside of the UK.
Due to the economic down turn most top brand consumer electronics manufacturers have tried to absorb this escalation in costs and put off increasing the prices. Unfortunately they cant put this off any longer and announcements have been made by Sony, Panasonic, Yamaha, Denon and Sennheiser that prices will soar by up to 32% in January 2009. As soon as this happens anticipate other manufacturers to follow. The prices may soar on existing models for certain manufactures whilst others may well wait until they launch imminent new ranges of products. However be in no doubt prices will go up. Furthermore if the pound weakens even more then prices may have to increase even further in the future.
Therefore if you are looking to purchase the latest Blu-Ray Player, HD Plasma TV, HD LCD Television or other consumer electronic product now may be a better time than ever or else you will probably not see prices at the existing levels for some time to come. So beat the price increases, buy now, otherwise dont say that you wasn't warned. - 15485
About the Author:
For virtually 2 decades Armadeus Cornelius has built a wealth of information and authority in the consumer electronics industry. If you want to advice or you want to get the cheapest deals then go Cheap TVs or Cheap Plasma TVs or Cheap LCD TVs
