Consumers remain willing to spend money on consumer electronics -- for replacing older units or buying new ones with more advanced technology -- even though most homes already own those same products, according to a new report from The NPD Group. Although 85% of consumers own DVD players and sales dropped 25% in the first half of the year, NPD reports that consumers are still interested in buying upconverter units or Blu-ray players to take advantage of HD technology, noting that sales of DVD upconverters have risen 14% in the first half of this year.
(Sounds just like what I do.)
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