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Consumer Electronics Gaining Momentum |
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Written by Mike Buetow
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Tuesday, 17 June 2008 |
WASHINGTON — Retail sales of consumer electronics and appliances rose 3% year-over-year in the May quarter, up from 1.5%
sequentially, according to the US Census Bureau.
Furthermore, North American TV shipments rose 4% during the first quarter, says research firm DisplaySearch, with LCD shipments leading the way, rising 110%.
The boosts, coupled with a 19% spike in US notebook PC unit sales
during the quarter, have led some analysts to suggest the US tax rebate
is having an effect on consumer buying patterns. |
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