The price of HD TVs are about to rise

The price of HD TVs are about to rise
by Armadeus Cornelius

Have you been delaying buying a new electronic item such as a Blu Ray player, a high definition LCD television or a high definition Plasma television for the reason that you are waiting until the price comes down a little more? This is understandable since the retail price of electronic goods appear to get cheaper and cheaper every year. Added to this many news reports talk of substantial price reductions on the high street that only seem to give reason for holding off for longer.

The retail price of electronic goods always falls, doesnt it?

When LCD televisions and Plasma televisions were first launched they cost about 10000.00. Every year they got cheaper and cheaper and now you can buy them for a fraction of the price when launched, with a much higher specification and superior picture quality. Well this trend of constantly falling prices is about to change.

Buy now or pay extra later

In the last 12 months the value of the pound against the Dollar, Euro and Yen has weakened by in the region of 30%. So what has this got to do with the price of consumer electronics? Well because many products are produced in China and Eastern Europe the cost of importing them has increased as a consequence of the weakness of the pound. Even electronic goods produced in the UK will be affected by this for the reason that they use components manufactured outside of the UK.

Because of the economic down turn most top brand consumer electronics manufacturers have tried to absorb this escalation in costs and avoid increasing the prices. Unfortunately they cant put this off any longer and announcements have been made by Sennheiser , Panasonic, Sony, Yamaha and Denon that prices will soar by up to 32% in January 2009. When this materializes expect further manufacturers to follow. The prices may soar on existing models for certain manufactures whilst others may wait until they launch imminent new ranges of products. Nevertheless be in no doubt prices will increase. Furthermore if the pound weakens even more then prices may possibly have to increase even further in the future.

If you are looking to buy the latest HD LCD TV, HD Plasma TV or Blu-Ray Player now may be a better time than ever otherwise you will almost certainly not see prices at the current level for some time to come. So beat the price increases, buy now otherwise dont say that you werent warned.

With just under 2 decades Armadeus Cornelius has built a wealth of imWithmation and expertise in the consumer electronics industry. If you would like guidance or you would like save money then go Cheapest TVs or Cheapest Plasma TVs or Cheapest LCD TVs.