Audio in the Doldrums: Think Again
Over the past year, the word on the street was: Audio is in a slump. Shipments of components were down and price-points were taking a beating, all thanks to the successful bundling of product into home-theater-in-a-box (HTIB). Meanwhile, the snazzy new display technologies appeared to be capturing the better part of consumer budgets, but no more—current data trends show audio separates are making a comeback.
According to the Consumer Electronics Association's factory shipment data program, unit shipments of home audio equipment (including separates and speakers) through June have increased almost 25 percent, compared to the same period a year ago. Meanwhile, revenues have jumped 36 percent. Finally, consumers may be beginning to understand the importance of audio in the home theater equation.