DisplaySearch revises LCD TV forecasts for 2009, takes 'em lower
No surprises here, but the analysts at DisplaySearch have evidently been working overtime in order to revise the 2009 forecast for LCD TV shipments. We're not particularly sure where the originals sat, but if these new numbers prove true, we'll see LCD TV revenue fall year-over-year for the first time in the history of LCD TV shipments. The updated report notes that key factors in the downturn are "reductions in forecast TV prices and revised forecasts for year-over-year shipment growth for LCD and PDP TVs in 2009, down by 7 and 6 points from previous, respectively." As of now, LCD TV revenues are slated to drop 16% year-over-year, with total TV revenues falling 18%. Get a few big-screen OLED TVs out for under two large, and we bet all that changes -- don't mind that we're asking for the impossible or anything.
