Business Services Industry
DVD Players Outpace VCRs in Sales for First Time.
Knight Ridder/Tribune Business News, October, 2002
By Donna De Marco, The Washington Times Knight Ridder/Tribune Business News
Oct. 28--DVD players are selling faster than video cassette recorders for the first time, and the trend is expected to one day send VCRs the way of old-style record players and eight-track tape decks.
Savvier consumers are getting hooked on the high-tech features of digital video disc players -- such as better picture quality and powerful sound -- as well as consumer-friendly prices.
It's a natural evolution in home entertainment, says Sean Wargo, senior industry analyst at the Consumer Electronics Association (CEA), an Arlington-based industry group.
DVD players "build on existing technology and behaviors," Mr. Wargo said.
"The concept of...
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