LCD TV Prices Take A Surprising Upward Leap in July

Consumers have gotten used to a steady downward slide in prices of LCD TVs. And with the economy not exactly rosy, there would seem to be plenty of incentive for additional price cuts. But that’s not what happened in July, iSuppli says.

The research firm says the average U.S. retail price for LCD TVs that month jumped 7.2 percent from June–the highest increase in at least a year–after sequential declines the prior two months. The average price of $1,136 was up 2.8 percent from the year-earlier figure.

It’s not that consumers are clamoring for a new television, allowing manufacturers and retailers to raise prices on their inventory of TVs. Far from it.

“Demand has definitely slowed down,” says Riddhi Patel, director of television systems research at iSuppli. “Everybody is worried that they have not been able to move units like they would like.”

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »