If you had the money, what would you buy for yourself this month? Fun new convertible? New iPad? Go on a wonderful vacation to a far off place? According to the Consumer Electronics Association, smartphones and HDTVs are the top consumer electronics products that U.S. households plan to purchase over the next 12 months. In fact, more than one in five (22%) households say that their next purchase is a smartphone. I have not yet made that jump but think that I will do so within the next year (so I guess I am in that 22%). Other notable trends include: tablet computers are leading with the biggest growth % for 2012. Blu-ray players are seeing double digit growth along with nearly 31 million U.S. households (26%) that subscribe to video rental and streaming services. Interesting though is that these consumers are buying electronics at a high rate but overall spending is down an average of $100.00 as they are seeking bargains, deals and deep discounts. Consumers are waiting for that attractive declining price points.
So, let me ask you again...what is on your wish list for 2012? What price will push you to acquire that new toy or gadget?
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