10$ billion loss for real?

[Grand Bob]

Originally Posted by ZoetMB

I would contend that they're not overpriced at all.

I agree 100%. The price of TV's continues to drop precipitously while the technology, quality, and features increase. One of my "rich aunts" bought the first 19" color TV I ever saw in 1960 for $800 (who knows what that translates into today after inflation). My first color TV was a 19" RCA colortrak that I bought in 1980 for $450, my first "big screen" TV was a 40" Mitsubishi that I bought in 1985 for about $3000, my first hi-definition TV was a 65" rear-projection Mitsubishi in 2001 for $5500, and I recently bought a 70" Sharp LED backlit panel for $2400. The trend is obvious. Right now you can get the 80" Sharp panel for $3900, which adjusted for inflation is probably less than my aunt's 19", and yes, Sharp is also losing big bucks. Eight years ago one of the largest flat screens such as a 45" Sharp would have put you back about 7 grand, and only a year ago, the only choice in 70" flat panel TV's was the Sony XBR7 for around $22,000. TV has to be one of the best bargains available to the general public today.