Prices of HDTVs Are Dropping

Are TV manufacturers experiencing declining sales on HDTVs?

That answer would be yes, according to a report from HD Guru.

In an attempt to boost sales, major TV manufacturers are reportedly slashing prices of large screen plasmas and LCDs in lieu response to the slow economy.

This isn't the first price cut, either, but HD Guru says some companies will cut prices another $400.

HD Guru says Mitsubishi, Panasonic, Samsung and Sharp have already made dealers aware of the upcoming price cuts.

Other TV manufacturers with an overflowing inventory are expected to follow.

A recent DisplaySearch study says the North American share of the LCD market may drop. Cheaper TVs, however could result in more consumers purchasing HDTVs.

HD Guru has an extended listing of price cuts. Here's a sample:

Mitsubishi LT-40148
Old Price: $2,299
New Price: $1,999

Mitsubishi LT-46148
Old Price: $2,799
New Price: $2,599

Sharp LC-52D64U
Old Price: $2,799
New Price: $2,699

Sharp LC-52SE94U
Old Price: $3,799
New Price: $3,499

Panasonic TH-50PZ80U
Old Price: $2,299
New Price: $2,099

Panasonic TH-46PZ85U
Old Price: $2,199
New Price: $1,999