“A survey conducted by research group IHS iSuppli painted a grim picture for U.S. TV sales in 2011. Riddhi Pattel, director of television systems and retail services at IHS, cited the economyâ€™s â€œcontinuing gloomâ€ as a major cause for an expected downturn â€“ one which could spread into next year.”
No kidding Sherlock.
When the Masses have to choose between the Mortgage, Food and other necessities versus the 65" 3D TV, the majority are sensible enough to fill thier bellies first. Granted there are always the few “Bubbas” that just can’t live without Monday Night Futbawl, Tractor Pulls and Wrassling.
A 30 second phone call to any retailer would have confirmed that the Economy sucks badly and nobody is buying new TV’s.