Americans replacing their 50-inch TVs with 65 inches and up
Thanks to the falling prices of televisions Americans now increasingly are replacing their once-enviable 50-inch TVs with even bigger screens around 65 inches and up. As the prices have fallen sharply the hardcore TV watchers and video gamers are finding more and more sets affordable which few years ago were just meant for wealthier people.
New technologies like Internet capability are attracting a lot new customers as it allows Netflix streaming, and also is Ultra HD screens which enables a sharper picture. Example of such a thing is Jarvis Jackson, who lives in Birmingham, Alabama. He plans to spend $1,500 for a 65-inch TV with Internet capability and it gets convenient for him due to the fall in prices. He says that to have the right TV is very important especially when the football season is coming up. Falling prices have made big screens more accessible to average person like him.
"TVs are more affordable than they've ever been, so a 'supersized' TV today is still far less expensive than smaller screens were three or four years ago," says Jamie Bastian, a spokeswoman for Target. Target is a company that expanded its selection of big-screen TVs to include 70-inch versions this year up from last year's 60 inches.
Though 65 inches or bigger TV screen market accounts for just 2 percent of the sets sold, still this is a huge push to a market that is going down due to the increased use of tablets and cellphones to stream movies and TV shows.
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