TV prices are pretty much in a free fall. And even though it seemed all of the huge price drops had already passed by, HDTVs continue to get price cuts and in September, prices fell 22 percent in all categories.
According to a survey by DisplaySearch, large TV models got the biggest price drops in comparison to the same time last year. In fact, the largest popular size, which is 52-inch LCDs, fell by 30 percent. That’s pretty staggering. In contrast, 20-inch LCD screens only got a 4 percent reduction.
But past years indicate prices continue to drop into the holiday season, which means we can probably expect even more drastic price drops as we approach November and December. However, we’re either in or swiftly approaching a recession, so it’s hard to say if anyone will take advantage of these cuts. Will you?