Flat-panels rule, old boob tube all but dead: Flat panel TVs are owning the market. I knew they were doing well, but I didn’t realize it was this strong.
By next year, the tube TV will cede its crown of dominance to LCD sets for the first time, according to the market research firm iSuppli Corp. Sales of CRTs will fall from an estimated 14.4 million units this year to 10.4 million in 2007, while sales of LCD TVs are predicted to rise from 10.9 million units to 17.8 million.
By 2010, iSuppli predicts CRTs will account for only 2.1 million of the 44 million televisions sold.