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Sharp holiday price drops seen for flat-panel TVs

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THE ASSOCIATED PRESS
November 26, 2010 - 7:57 am
 

SEATTLE -- If you're in the market for a new flat-panel TV, it's a good time to buy. TV prices usually drop from year to year, and the decline will be sharp this season thanks to a supply glut. Consumers have been holding out all year for better deals, leaving lots of unsold televisions on the shelves. Prices for high-definition LCD TVs will fall more than twice as fast as they have so far this year as manufacturers and retailers clear out inventory, analysts predict.

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