Forget the iPad: Japanese Buy TVs

Earlier this year, Japanese consumers camped outside stores to buy the latest in high technology: Apple Inc.’s iPad and new iPhone 4. Now they are rushing to buy something a little more traditional: television sets.

How to Transition to HD in a Recession

High-definition flat panel televisions get cheaper every day, but for most people they still aren’t considered a cheap purchase. Tack on the cost of Blu-ray players, movies and HD cable, and you can find yourself saddled with bills as you transition from standard definition to high definition.

Best Buy: Piper Downgrades on Weakening TV Prices

Piper Jaffray analyst Mitchell Kaiser this morning cut his rating on Best Buy (BBY) shares to Neutral from Buy, and chopped his price target on the stock to $49 from $54. “We are concerned about gross margin erosion in the home theater department as a result of what we expect will be significant flat panel TV price declines in the coming months,” Kaiser writes.