3D TVs Sell Out – Here’s How to Profit

in economy Gold GOld juniors Gold Market by admin — March 17, 2010 11:46 am | no comments

How to Profit from the 3D TV Boom! Panasonic Sells Out the First Week… People scoff at the idea of 3D television. The hangover from a ton of bad revenge of the zombie movies back in the day leave the general public with the idea that its nothing more than a gimmick to sell schlock B movies. But the recent blockbuster Avatar in S3D not only made it the best selling movie of all time, but sent the company IMAX’s shares through the roof… Take a look: Up 700% in 13 months! IMAX has a lot of 3D technologies and could do very well in the future. But as a general rule, I don’t buy at the top. The next big thing is to bring the 3D experience into the home. Panasonic Corp is one company making 3D TVs. The company announced today that they sold out in the U.S. in their first week. Panasonic is already the world’s largest plasma TV maker. The surging demand from retailers for 3D TVs is forcing them to take back orders. We all know that Avatar is the biggest selling movie of all time… but what is really surprising is that the critically panned Alice in Wonderland became the sixth-biggest debut in box office history, boasting the biggest opening for a 3D film. This technology has legs and is going to run. Many expect that sporting events will continue to drive 3D TV sales. The 2010 FIFA World Cup will be broadcast in 3D this summer. (For readers in the United States, that’s a big soccer tournament… ) ESPN will broadcast 85 live events in this technology a year starting in June. Discovery, Disney, Sony are all on board with their own plans. According to Bloomberg, 12.9 million TV sets are expected to ship by 2011�— tripling this year’s growth figures. Without a doubt, these sets will be the next “must own” device. Don’t Knock the Glasses The big knock against this new viewing medium is that you need glasses to see it. If you are going to have a big party, you need a bunch of glasses. You can’t show off…