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With the big game just around the corner, who are some of the companies that are primed for big business on the back of Super Sunday?
1) HDTV and the Super Bowl - For 3 years running, the Super Bowl has been the top driver for HDTV sales.
Super Bowl XLII in HD:
2.4M high-definition televisions are forecast to be purchased for the Super Bowl, generating over $2.2B in sales to date in 2008 according to the "Sports and Technology" survey by the Consumer Electronics Association (CEA) and the Sports Video Group (SVG). The Super Bowl has been the top driver for HDTV purchases for three years running.
The 2007 Super Bowl was the highest rated TV show in the U.S. for the year, attracting 93M viewers (Nielsen)
Demographics of Football Fans: (Nielsen)
People in wealthy homes with greater than $100,000 in annual income, are almost 3 times more likely to watch the Super Bowl as people in homes that make less than $30,000
Publicly Traded Companies that stand to benefit:
Best Buy [BBY
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Circuit City [CC
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Sony [SNE
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Matsushita (Parent of Panasonic) [MC
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LG Philips LCD [LPL
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Corning [GLW
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] producer of HD glass
Texas Instruments [TXN
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La-Z-Boy [LZB
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] states that January and February are among the "strongest months" for sales of recliners according to their Chief Marketing Officer Doug Collier
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Data is a real-time snapshot *Data is delayed at least 15 minutes