Posted Fri May 6, 2011 at 09:00 AM PDT by Dick Ward
It might go without saying, but a new study finds that people who buy new TVs also buy more TVs.
It stands to reason that people with an expendable income that allows them to purchase a new flat panel TV would have more income available to spend on additional televisions, but the trend may be bigger than you'd think - especially in emerging countries.
"In fact," writes DisplaySearch, who carried out the study, "the tendency for flat panel TV adopters to own more TVs was even stronger in emerging markets, indicating a stronger separation of buying power among upper and lower income classes."
While the USA led in terms of televisions owned per household, emerging countries like Indonesia, Brazil and Turkey ranked high on the list. Mexico came in as number four on the list, which was a surprise to researchers.
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