C-Cube Message Board - Msg: 12504306

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Technology Stocks : C-Cube

CUBE 37.00

-0.2%

Dec 3 3:59 PM EST

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To: Maya who wrote (48176)	1/7/2000 5:32:00 PM
From: John Rieman	Read Replies (1) of 50808

CES projects growth of US DVD player sales this year to 6.5M units. They were way too low last year............... cesweb.org Digital camera sales have exploded in recent years, growing more than 590 percent from 1996 to 1999. Sales of digital cameras hit 2 million units in 1999, a 75 percent increase over 1998. This year, unit sales will rise to 2.6 million on $905 million in sales. Sales of traditional lifestyle products also will remain strong in 2000. Within the video category, digital versatile disc (DVD) players are expected to continue their phenomenal growth. In 1999, DVD players became the fastest selling product in the history of consumer electronics, with more than 4 million units sold during the year. That figure is up 371 percent over 1998 sales, far surpassing CEA?s original estimate of 1.6 million units. CEA projects sales of roughly $1.5 billion in 2000 with some 6.5 billion units expected to be sold. ?Consumers love the high-quality picture and sound presented by DVD as well as its interactivity,? said Shapiro. ?The rapid growth of DVD portends good things for new digital video products such as digital television and personal video recorders.?

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