Believe it or not, that little iPad you hold in your hand there may actually be affecting the sales of high-definition TVs, according to one analyst at least, as reported by Fortune’s Apple 2.0 blog. Hudson Square Research’s Daniel Ernst is the analyst in question, and in a note that he issued today, Ernst said that he has been checking in the stores and noticed “thin activity” in the TV aisles, as opposed to “strong activity” in the tablet and smartphone aisles. Ernst also notes in his weekly survey that the average price per square inch of HDTVs has fallen by 23.4% year over year so far this June, which is a bigger decline than last year’s 18% drop. As further evidence, Ernst points to the fact that first-quarter unit sales of HDTVs were up by just 8.9% this year, a massive drop when compared to an increase in sales of 30.9% in 2010.
Apple 2.0 notes that Ernst accepts that the lower HDTV sales could also be due to the time of year, as well as the earthquake and tsunami in Japan, and weak housing trends in the U.S., among other factors.
Source: Is the iPad cutting into high-definition TV sales? - Apple 2.0 - Fortune Tech