Sat 2 Jan 2010
10 Things NOT to Buy in 2010, including Newspaper subscriptions
Posted by admin under Business , Investing , Markets , Tech Comments Off
(From SmartMoney) Ten years ago, most homes relied on dial-up connections to access the Internet and iPods, flat-screen TVs and the Nintendo Wii didn’t exist. As we prepare to ring in 2010, consumer should expect to see more revolutionary products supplanting old mainstays. In media, DVDs, books, newspapers and magazines will continue to lose ground to services like in-home movie rentals and gadgets like the Amazon Kindle. In big-ticket items, the push for energy efficiency will continue to influence consumer decisions on cars and home upgrades.
As a result, some consumer products appear poised for a dip in sales, which could be a prelude to obsolescence. Here are 10 items not to buy in 2010.
DVDs
The days of going to a video shop to rent a movie are at an end. In September, Blockbuster (BBI: 0.67, -0.03, -4.28%) said it plans to close roughly 22% of its stores by the end of 2010; meanwhile, third-quarter revenue was down 21% from the year-ago period. (The company didn’t return calls for comment.)
Read more here: 10 Things Not to Buy in 2010





