TV prices highest since 2012

Stefan Mileschin · 22nd October 2021, 07:03

Average price of a TV was $363

Pricing on TVs is the highest since at least 2012, according to figures from the NPD group.

Stephen Baker, vice president of Industry Analysis at NPD group said that holiday pricing overall is likely to be at least $100 above normal.

“Last year the average price of a TV was $363 during the fourth quarter, which is fairly typical over the last few years. This year our forecast is for the average price to be approximately $500."

While that might not sound bad, that's the average of every TV sold in the US. The majority are entry-level models with small screens and modest features that bring down the average.

High-dollar TVs are selling better than ever, which of course helps drive up the average price.

"Sales of TVs over $1,500 are at record levels, and sales of TVs 75-inch and above are performing much better than the overall market", said Baker.

https://fudzilla.com/news/graphics/5...est-since-2012

22nd October 2021, 07:03	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,797	TV prices highest since 2012 Average price of a TV was $363 Pricing on TVs is the highest since at least 2012, according to figures from the NPD group. Stephen Baker, vice president of Industry Analysis at NPD group said that holiday pricing overall is likely to be at least $100 above normal. “Last year the average price of a TV was $363 during the fourth quarter, which is fairly typical over the last few years. This year our forecast is for the average price to be approximately $500." While that might not sound bad, that's the average of every TV sold in the US. The majority are entry-level models with small screens and modest features that bring down the average. High-dollar TVs are selling better than ever, which of course helps drive up the average price. "Sales of TVs over $1,500 are at record levels, and sales of TVs 75-inch and above are performing much better than the overall market", said Baker. https://fudzilla.com/news/graphics/5...est-since-2012

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