As in recent years, consumer electronic (CE) products will be popular holiday purchases in 2007, reports In-Stat. The company's latest survey yielded over 2,000 responses from North American consumers; more than 80 percent of these respondents have plans to purchase a CE product this holiday season, the high-tech market research firm says.
In 2007, High Definition Televisions (HDTVs) top consumers' holiday wish list, most likely due to plummeting price tags for these products. HDTVs will bump digital cameras down to the third spot.
Recent research by In-Stat found the following: - PCs will jump up to the second spot this year, as both desktop and laptop PCs evolve into multimedia devices used for video viewing, music playback, and imaging applications. - Relatively affordable and portable products, like PMPs and digital cameras, will likely be purchased as gifts, while higher-priced CE products requiring more research and preference, like HDTVs and digital camcorders, will be purchased for personal use.