Holiday Outlook Healthy for Gadgets
Oct 13, 6:35 PM (ET)
By MAY WONG
[photo caption] (AP) Tasha Dean of Washington, D.C., listens to the new 'Red' iPod Nano that went on sale Friday, Oct....
SAN JOSE, Calif. (AP) - Portable music players, cell phones and digital cameras are poised to be in hot demand this holiday season, according to a market survey that also projects a 27 percent boost in spending on electronics gifts.
Digital cameras topped the list as the most popular gizmo consumers intend to give this year, followed by a DVD player or recorder. But for the second year in a row, the most wished-for gadget - among adults and teens - was a portable digital music player.
The Consumer Electronics Association was to announce its annual holiday survey Monday.
With the healthy outlook, the trade group said it expects U.S. electronics industry revenues to reach $140 billion for all of 2006, up more than 9 percent from the $128 billion attained in 2005. For the holiday season, the survey indicates Americans intend to spend about $22 billion in electronics gifts, compared with $17 billion last year.
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