Holiday Season 2013 – Forecast Sales for Consumer Electronics
Consumer spending on electronics is likely to be weak this holiday season, states Mykola Golovko, Senior Consumer Electronics Research Analyst at Euromonitor. Slow economic growth in Europe and resurgence in real estate and automotive spending in the US will drive down sales of electronics this year. Tablets are expected to see the highest demand led by the iPad mini, although Apple is expected to start losing share in this segment to other manufactures in the coming year.
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