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Old 22-08-2004   #1 (permalink)
Womble
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DVD player profits down to $1

Quote:
The revolution in consumer electronics that was supposed to make everyone rich apparently isn't.

Commoditization is hitting China's DVD player manufacturers hard, according to researcher iSuppli. Between January and May, the average selling price of a DVD player exported out of the Guangdong province came to $40.80, leaving just about $1 in profit margins for the manufacturers.

The province accounts for 84.2 percent of China's exports of DVD players and exported 34.5 million of the players during the January to May period.

Full Story Can Be Read @ CNet.Com


I am REALLY disapointed that manufactures arn't making more money off of use the consumers. Come on people they need more money to spend on lunches.
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