Supply over demands

United States
October 18, 2010 8:46pm CST
Today I brought my mom to shop around digital camera, it is a gift for my cousin from my mom, I just chaperon. I was personally interesting in buying a new television; believe it or not, I don't have a Plasma TV, nor a LCD TV yet. But I will take this opportunity at Thanksgiving, or before Christmas to get a big screen TV, like 40 inches at least. The rumor says it, the price will be super cheap. Right now, I saw those Television already taking a deep cut in price. 40 inches around $499, and 32 inches around $399. I will expect during the holiday probably will getting cheaper. The supply is saturated in the market, and the demand is low, maybe partially due to the economic recession too.
2 responses
21 Oct 10
People seem to be buying less and less at the moment, I can't count the amount of times I've seen crazy offers. A few weeks back I was walking around a supermarket with my family and they had a dab radio for sale for £15 which is very low. I brought one as it said that stock must go and a couple of days ago we noticed the price as increase to £25. Seems places are dropping prices to attract people and making them higher again to try and move some at the price they want. Makes great time for offers!
@toniganzon (77137)
• Philippines
21 Oct 10
The drop in the price of lcd tv is due to the new models that are coming out. It's the 3D tv that is making a rave in the market today and some people are just going gaga to get a hold of it. I don't have an lcd tv yet but we have decided to get one in November. A 32" samsung lcd tv series 5 that can play movies from a usb and that's totally awesome for me because i got an externall hdd 500gb which contains so many movies. I don't need to have a divx player anymore to watch those movies.