
Gadgets: Great Value For The Money
By Stewart Wolpin
May 7th, 2009
From touchscreen-enabled smartphones to high-definition television sets, today’s hottest gadgets and consumer electronics may seem like a ridiculous extravagance. But in reality, they're not. Call it a recession optical illusion: Our economic woes have warped our pricing perception. New gadgets only seem pricier because we no longer have the disposable income to blow on them.
Don't believe me? Check out this chart, comparing the cost of some suddenly cheap gear to its average selling price five years ago (stats courtesy of the Consumer Electronics Industry, the folks who put on CES every year). As you can clearly see, price trends are definitely working in our favor, as costs plummet on many of the most popular gizmos on the market today.
AVERAGE SELLING PRICE (ASP)
PRODUCT20092004Plasma HDTV
$925
$2,698
Laptop PCs$697
$1,144
Smart Phones$365
$511
GPS$231
$475
Granted, maybe there are some gadgets that don’t seem that ...
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