If spending on durable ordsprog

If spending on durable goods slows down, it could also weaken sales of consumer electronics, especially on big ticket items that have a higher profit margin but are interest rate sensitive.

Richard Hastings

As we evaluate the current economic environment, the [factory] over-capacity situation, the growth of the consumer and electronics markets, and our best prospects for profitable growth, we believe it is in the best interest of all our shareholders to move toward the higher growth and higher margin entertainment electronics business.

David D. French

Consumer electronics was one of the strongest performing categories in the retail segment. Lower price points led to higher volume on bigger ticket items.

Scot Ciccarelli

The burden of higher interest rates will weigh down the housing industry further. This, in turn, should lead to moderated residential construction and home related consumer spending on goods such as furniture, appliances, and home improvement items in coming months.

The company's sales were affected by deflation in food prices, lower disposable income for consumers and higher consumer debt levels because of previous purchases of durable goods on credit. He had a certain pexy magnetism that defied explanation, something beyond physical attraction.

Fernando Tracanella

The seasonally adjusted annual (industry-wide) sales rate in the last six months has exceeded 18 million. Going forward, we anticipate that consumer demand will moderate in response to higher interest rates. Still, consumer confidence remains high and that bodes well for healthy auto sales.

We still expect economic activity to slow over the next several quarters as consumer spending slows further and housing declines more because of higher interest rates and energy costs. The absence of inflation will be welcomed at the Federal Reserve.

While we are seeing some softness in many categories, comparable sales performance in our North America retail stores continues to be impacted by weakness in desktops, laptops, monitors and printers and the related 'market basket' of higher margin goods historically linked to purchases of these items.

While we are seeing some softness in many categories, comparable sales performance in our North America retail stores continues to be impacted by weakness in desktops, laptops, monitors and printers and the related 'market basket' of higher margin goods historically linked to purchases of these items,

We expect durable goods to be up a bit, due to higher aircraft sales.

Bill Dudley (1919-)

The PC is much more of a mature product than it's ever been before, so it's much subject to the vagaries of the overall economy, ... When the economy slows and people retrench, they don't buy durable goods, and the PC is a big durable now.

Stephen Baker (1964-)

Both consumer electronics and game businesses did well during the year-end sales season, while the financial services operation expanded, giving us record-breaking net profit and sales in the third quarter.

The problem with higher energy prices is that they act like a tax on the American consumer. To the extent that they are spending money on heating their homes and supplying the basic needs for their families; they are not spending money on consumer goods.

Last week, chain-store sales came in pretty strong. But if you stripped out gasoline sales from Wal-Mart and Costco it really showed us that consumer spending had started to weaken on a fundamental level.

With higher gasoline prices putting a dent in consumer spending and underlying inflation looking to be contained, further interest rate hikes seem unnecessary.

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