Black Friday Is Here. Now, What Tech Deals Do Consumers Prefer?

Seeking Alpha2022-11-25

With the Black Friday shopping extravaganza set to officially kick into gear the day after Thanksgiving, consumers will do what they always do and set their sights on deals for any and all kinds of ...

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JaneLeon
2022-11-25
JaneLeon
Thanks

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Such a situation \"could indicate some early signs of [the market] bottoming\" in 2023 as product replacement rates are running shorter than a year ago.Other product areas where consumers are expected to increase their spending include video game consoles and accessories, wireless headphones and digital cameras. Merchant and Suva said their survey showed fewer purchasing intentions among consumers for fitness and smartwatches, computer accessories and smart home devices such as smart speakers.Merchant and Suva said said that on the whole, consumer device demand \"is unlikely to see recovery in the near term\" due to ongoing fears about inflation and the risk of a recession weighing on consumer sentiment.Still the analysts said preference for Apple products \"remains resilient\" among consumers, and that they remain positive on the prospects for companies such as Dell, Logitech and Samsun Electronics (OTCPK:SSNLF).Merchant and Suva were more reserved about the likes of Sony, Corning (GLW) and HP. 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