Price drops make it a TV year worth watching

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Prices plummeted below $1,000 mark for large plasma TVs, and viewers gained a multitude of avenues to tap into TV content. During the course of 12 months, prices on select plasma TVs fell below $1,000 on 40-inch screens, and viewers gained a multitude of avenues–from cell phones to iPods to TV shows on demand–for tapping into TV land.

Liquid crystal display TVs drove the across-the-board price cuts in big-screen TVs. LCDs, the pricier cousins of plasma TVs, dropped to an average of $2,500 to $2,700 for a 42-inch TV, Haruki said. That represents more than a 41 percent drop over last year’s prices. The drop in LCD prices stems from a glut of large panels. “LCDs have gotten bigger, and now you can find them in a 40-inch size,” Haruki said. “They now compete with plasma on both size and price.”

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