HDTV manufacturers lowering prices to cope with bulging inventories

We've yet to be able to confirm any of this in our local stores, but HD Guru has it that major television manufacturers are lowering their retail prices in order to deal with swelling inventories. Despite upticks in demand from the upcoming Olympics, the overall economy here in America has apparently taken a toll on HDTV sales. Samsung, Sharp, Mitsubishi and Panasonic have reportedly notified their dealers of the drops, with some sets plummeting as much as $400. Of course, in-store (read: street) pricing will vary (sometime significantly) from the figures posted in the read link, but regardless, you ought to save a few bucks from just weeks ago. Oh, and if you're not desperate for a new flat-panel right this moment, let us remind you that Black Friday 2008 is barely two months away.

[Via The Boy Genius Report, image courtesy of StarTribune]]