Sharp Corp. will have a Blu-ray recorder with a 1-terabyte disk drive -- said to be the largest storage capacity of any recorder to date -- on Japan's shelves Dec. 1. Sharp also has eight other Blu-ray recorders on tap to hit Japan by the close of 2007.
The DTV-converter coupon program will succeed, said Gary Shapiro, president and CEO of the Consumer Electronics Association, speaking at a public meeting about the digital-television transition. CEA projects that U.S. consumers will buy 70 million DTVs in 2008 and 2009. Shapiro said the coupon program for converters would provide anyone who chose to keep his analog TV with access to over-the-air programming.
Sales of Nintendo's Wii and Sony's PlayStation 3 helped Game Group make a profit in the first half of the year. The company, the largest independent computer-game retailer in Europe, expects the second half of the year to be less profitable as prices of consoles are cut for the holiday season and consumers spend more on consoles, less on games.
Industry analysts are predicting that sales of high-definition DVD players will not pick up for the next 18 months, as consumers continue to wait for the ongoing format war to end and for hardware prices to fall.