“Television prices have fallen so much that a typical set will soon cost less than an Apple Inc. iPad that’s less than a tenth the size,” Takashi Amano, Mariko Yasu and Minh Bui report for Bloomberg.
“Average prices of 42-inch liquid-crystal-display TVs in the U.S. will probably fall 10 percent to $599 this quarter from a year earlier, and slip to $578 by the end of the year, according to Santa Clara, California-based research firm DisplaySearch,” Amano, Yasu and Bui report. “iPad tablet computers are sold for $499 to $829 in the U.S., with Apple offering the Wi-Fi only, 32-gigabyte version for $599.”
Amano, Yasu and Bui report, “The price drop illustrates why none of the industry’s five- largest producers, including Samsung Electronics Co. and Sony Corp., have managed to generate even a nickel of profit for every dollar in sales from their TV divisions since last year… Apple, whose co-founder Steve Jobs resigned last week as chief executive officer, has kept iPad prices unchanged since it introduced the first model in January 2010.”
Read more in the full article here.
MacDailyNews Take: Yeah, but, versus any random Apple-branded product, what about the price of ping pong balls in China?
[Thanks to MacDailyNews Reader “N8nNC” for the heads up.]