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Hot-Selling DVD Players Dim VCR's Once Bright Star | |
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| Time: 22:05 EST/03:05 GMT | News Source: Reuters | Posted By: Robert Stein | ||
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By industry accounts, DVD players closed 2001 as the hottest-selling holiday item and spelled the death of the once popular videocassette recorder. Last year marked the biggest price decline for DVD players since the gadgets debuted in 1997 for about $500. And 2002 may prove to be another bumper year despite worries about the U.S. economy, analysts said. The appeal of DVD players is quickly eroding the grip VCRs once had on the home entertainment front. The decline of video tape will not be missed by many consumers, who find DVD's compatibility on computers and gaming consoles more versatile. | ||
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