There's little doubt Americans love their electronic devices. Just looking at a holiday gift wish list for adults from the Consumer Electronics Association (CEA) shows how much. A tablet computer was the top choice for a Christmas gift this year — ahead of money and peace/ happiness. A smartphone came in third.
But will that affection for the digital compute into bigger and better sales this holiday season for the electronic device industry? Maybe, say analysts.
"I think sales will be good this year and perhaps beat last year, but it would be difficult to say they'll be great," said Shawn DuBravac, chief economist and director of research for the Consumer Electronics Association, a trade group for the tech industry.
"Technology is not growing as fast as other durable goods, like automobiles. When people spend on those types of items, they're not spending elsewhere and tech could suffer this holiday season," he said.