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NOV. 3 | BEVERLY HILLS, Calif.—The home entertainment industry is on its way to recovery due in large part to Blu-ray Disc, according to retail and studio participants at Tuesday’s Blu-Con conference here.
Best Buy is aggressively merchandising both Blu-ray players and titles, rallying around the products as a key expanding business. In particular, Blu-ray players are this year’s fastest-growing consumer electronics product, surging 112% in year-over-year sales, Mike Vitelli, executive VP of consumer operations group at Best Buy, said in a keynote. That tops the 106% and 85% jumps for popular ebooks and netbooks, respectively. Blu-ray players currently make up 66% of Best Buy’s home entertainment hardware category, compared to 35% two years ago. Blu-ray titles comprise 25% of the retailer’s video software, up from 13% two years ago. “This is why we are bullish about Blu-ray,” said Vitelli. http://www.videobusiness.com/index.asp?l... Most of SIGM's sales and profits right now are in the telco IPTV space. However, heading into 2010, SIGM has 5 other product lines that will be ramping up and adding to profitability: 1. Blu-ray 2. cable IPTV 3. home control/Z-wave 4. home networking, including UWB and Coppergate technology 5. DMA - I notice that Amazon is still showing a 1-2 month wait to get the popular Western Digital DMA powered by SIGM: http://www.amazon.com/Western-Digital-Ne... As sales and profits from these 5 product lines ramp up in 2010 the stock price will be heading higher. We'll be hearing more about new products from SIGM at the CES show in Las Vegas a couple of months from now. http://www.cesweb.org/sessions/keynotes.... Sentiment : Strong Buy Rating :
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Blu-ray sales surging
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byronangel |
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6-Nov-09 12:13 pm | ||
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tran love you long time!
you number one baghold...
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jamesmadiso... |
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6-Nov-09 07:37 pm | ||
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hello, jamesmadison, you have byron pegged co...
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sigm_pos | (1 Rating) | 6-Nov-09 08:07 pm | ||
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excellent post. welcome aboard james, we are ...
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longsigm | (2 Ratings) | 6-Nov-09 10:02 pm | ||
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how's the weather down there? i trust yo...
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sigm_pos | Rate it | 9-Nov-09 10:52 am | ||
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what is wrong with this stock, 5* rating and dead ...
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rsayed_2000 | (2 Ratings) | 9-Nov-09 11:21 am | ||
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it's a pos and the long bag holders find reli...
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sigm_pos | Rate it | 9-Nov-09 12:24 pm |
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