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Audio product sales up in April
By Jon Newton, p2pnet.net
(more articles from this author)
2002-06-20
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Music Industry News - as it happens
Source: Mi2N - June 19, 2002

Manufacturer-to-dealer sales of audio products grew to more than $579 million during April 2002 - an increase of seven percent compared to the same period of 2001, says the Consumer Electronics Association (CEA).

Increased dollar sales of systems and aftermarket autosound products were largely responsible for the overall increase, says the CEA's Sean Wargo, going on, "Factory-to-dealer sales of aftermarket autosound products increased by more than 21 percent to $201 million and dollar sales of systems increased by 18 percent to $145 million. Year-to-date dollar sales of aftermarket autosound also increased to nearly nine percent over 2001, to $783 million."

Manufacturer-to-dealer sales reached $109.6 million during April, in-dash CD players were the largest audio category in terms of revenue and with it, "healthy interest in better sound through speaker upgrades and amps is growing the aftermarket sector," he says.

"In fact, sales of power amps increased during April by nearly 20 percent to $31 million, and manufacturer-to-dealer sales of flushmount speakers increased by 25 percent to $19 million, with the biggest push coming from 6 1/2-inch speakers. Separate bass speaker sales also were on the rise during April, posting gains of 44 percent to $13.5 million, due predominately to sales of 12-inch subwoofers."

Related News from Mi2N:
» Sales Of Audio Products On The Rise In April


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