Blu-ray players poised for 112% growth this year

[Blu Titan]

Spending in CE is expected to fall 7.7% in 2009, but slaes of Blu-ray players are expected to increase 112% from last year. From Video Business:

Consumer electronics shipment revenues for 2009 will dip 7.7% to $165 million, the first decline since 2001.
New data released by the Consumer Electronics Association (CEA) in its semi-annual U.S. Consumer Electronics Sales and Forecast shows that while industry revenues will contract in 2009, sales will grow slightly in 2010.

Consumer demand for CE products remains high, but several market forces are contributing to lower revenues, including lower consumer spending, price declines and compositional shifts in key product categories, CEA said.

One year after emerging as the next-generation DVD format of choice, Blu-ray players are poised for growth in 2009. Unit shipments of Blu-ray players will jump 112% this year, reaching nearly 6 million. Even as prices drop, revenues are expected to top $1 billion, an increase of 48% over 2008.

http://www.videobusiness.com/article/CA6671932.html