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Mike Vitelli, executive vice president of consumer operations
for Best Buy, made the 2010 forecast yesterday at the Blu-con
industry conference in Los Angeles.
Vitelli said the Blu-ray player is the year's fastest rising
consumer electronics product, exceeding even ebook readers and
netbooks.
Blu-ray player sales now represent 66 percent of the retailer's
home entertainment hardware category, compared to 35 percent two
years ago, according to Video Business. Additionally, Blu-ray
titles represent 25 percent of Best Buy's video software sales,
compared to 13 percent two years ago.
“This is why we are bullish about Blu-ray,” said Vitelli.
Kindle Wireless
Reading Device: $259
Panasonic 37-Inch 1080p LCD HDTV: $575
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Phillip Swann is president and publisher of TVPredictions.com. He has been quoted in dozens of publications and broadcast outlets, including CNN, Fox News, Inside Edition, The New York Times, The Washington Post, The Chicago Tribune, The Financial Times, The Associated Press and The Hollywood Reporter. He can be reached at swann@tvpredictions.com
or at 703-505-3064.
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