Friday, November 21, 2008

Analyst Predicts Downfall in GPS Sales


Owning to the current economic crisis that is rocking the global system, analysts have predicted short demands in some of the electronics that are regarded as not too essential including the GPS.
According to a statement made available by Stephen Baker, an analyst for research firm NPD, popular item as recently as last year, GPS may fall by the wayside, since they can be pricey and not viewed as essential.
He said that "GPS may have some demand issues. If you are looking at necessity versus discretionary, that is a category that is not very well-penetrated, which is in its favor. But the negative part is people saying: 'Do I really need this'? 
This would definitely slow down the pace of GPS sales and some manufacturers are already planning on how best to deal with the situation. A recent national survey says the dubious distinction of least desirable holiday gift belongs to Bluetooth Headsets, those thumb-sized devices beloved by some for their convenience and ridiculed by others as odd looking.
Baker also revealed that the online survey conducted last month on behalf of auction site eBay Inc also found that only 5 percent of those who wanted personal electronics desired a Blu-ray disc player. Even so-called "retro video game" systems and one game in particular—"Dance Dance Revolution Hottest Party II"—got the thumbs-down. 
Digital picture frames, the sleek devices that can scroll dozens of pictures and even update remotely via an Internet link, may feel the pinch if shoppers' budgets force them to decide on one electronic product or another, he concluded.




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