CE Holiday Sales Dropped 7 Percent
Overall sales of consumer electronics over the holiday season dropped 7 percent, as consumers stuck to buying items in the early part of the holiday season. That's according to data released Friday by NPD Group.
Sales reached $13.7 billion, down 7 percent from 2011. Meanwhile, 54 percent of those sales were in the holiday season's first two weeks, which NPD attributed to Black Friday and Cyber Monday.
Sales of notebook computers and flat-panel TVs both exceeded $2 billion in sales, but no other category cleared $1 billion.