All I want for Christmas is my MP3 player -- says millions of lists to Santa Clause for 2005 according to a recent Consumer Electronics Association. "Peace, happiness,
health—and consumer electronics—are on the wish lists of Americans this holiday season" said CEA Director of Industry Analysis Sean Wargo, in a statement. "Despite concern about the overall economy, consumers intend to purchase, as well as hope to receive, a plethora of consumer electronics gifts this holiday season. be humming a happy tune entering the New Year, as results show the MP3 player is going to be one of the hottest sellers."
HOUSEHOLD SPENDING UP TO $1430:
Overall spending is forecast to increase 14% per household, from $1,254 to $1,430, over last year, factoring in gifts, decorations, food, travel and other assorted holiday expenses, according to the Consumer Electronics Association's 12th Annual Holiday Sales and Forecast survey
Other items on consumers' wish lists included (in order of preference): plasma television, digital camera, laptop PC, big screen TV, desktop PC, video game system, high-definition television, DVD recorder and home theater speakers or system. The gift-giving list included: portable MP3 player, digital camera, video game system, cordless phone, home DVD player, portable headset CD, game peripherals, DVD recorder, cell phone and laptop PC.
CEA is the trade association promoting growth in the consumer technology industry through technology policy, events, research, promotion and the fostering of business and strategic relationships. The association represents more than 2,000 corporate members.