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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Steve Reinhardt who wrote (37771)	12/11/1998 6:20:00 PM
From: BillyG	Read Replies (2) \| Respond to of 50808

Here's a good article on consumer DVD player sales, comparing it to VCR sales........... msnbc.com This an excerpt below -- the full article has a good chart: <<THE 1998 NUMBERS speak for themselves: An estimated 906,000 DVD players are shipping to U.S. retailers this year, up from 347,000 in 1997, the format's introductory year. In the current quarter alone, more than 350,000 new players are arriving in stores, according to to Cahners In-Stat Group. By comparison, the VCR — which the DVD player is designed to replace — generated only about 110,000 shipments in its first two launch years (1975 and 1976) combined, according to the Electronics Industry Association. Consumers have bought some 7.2 million DVD movie discs this year, according to VideoScan, a research firm in Los Angeles. And sales during the most recent week of about 304,000 DVD movies, according to VideoScan, shattered the previous record of 269,000. “DVD is doing very, very well,” says Jeffrey Eves, president of the Video Software Dealers Association. Eves notes that “hundreds, or thousands, of retailers have taken on DVD as a rental item,” adding accessibility to a format that last year remained the domain of electronics enthusiasts. To be sure, DVD still has a long way to go to reach universal acceptance. Even while the players are selling by the hundreds of thousands, VCRs still sell by the millions (nearly 16 million in 1998, according to the Consumer Electronics Manufacturers Association). Users of current DVD models can't record programming as they can with VCRs. And European acceptance of the format lags far behind that in the United States. But clearly, DVD has achieved a critical mass of momentum and acceptance. There's little question, says Tom Adams, a consultant with Adams Media Research, that DVD eventually will replace VCRs entirely.>>