Holiday season sparking an October rise in DVD sales


GristyMcFisty used our news submit to tell us
that about a story over at Music Industry
News, 
detailing figures from the Consumer Electronics Association. In
the article, they tell us the manufacturer to dealer sales of DVD products are
on the rise in October. Of course, this could all be due to the upcoming holiday
retail season. But it still reveals a strong growth over same quarter figures of
last year.

According to
figures released November 11 by the Consumer Electronics
Association (CEA). Year-to-date sales for both DVD players and TV/DVD
combinations are rising significantly as consumers continue to opt for
digital video products over analog.

Factory-to-dealer sales of
stand-alone DVD players reached nearly 2.5 million units for the month of
October - an increase of 46 percent, compared to the same period in 2002.
Sales of TV/DVD combinations increased 242 percent over October 2002 with
sales of 107,656 units
.

Additional figures released, tell us
that stand-alone DVD players are up 25 percent when compared to 2002 sales, with
more than 15 million units sold year to date. In another sector, TV/DVD
combination year-to-date sales now total more than 1.1 million units,
representing an increase of 254 percent, compared to the same period in 2002.
Quite a dramatic rise there. Looks like we are saying goodbye to the
venerable VCR.

Source: mi2n.com

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