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CD players becoming a thing of the past

posted onDecember 5, 2002
by hitbsecnews

Source: CNN.com

Remember that handy little CD player that helped revolutionize the way Americans listened to music back in the 1980s?

Well, it seems to be losing its luster, falling prey to the growing popularity of the DVD player, which now doubles as both a movie and a music disc player.

And if this holiday shopping season is any indication, CD players look set to finish 2002 on the fringes of America's living rooms as retailers like Wal-Mart Stores Inc. intensify the selling of rock- bottom-priced DVD players to further entice shoppers.

"Every DVD player is a CD player, which is why the CD player is becoming less important," said David Schick, an analyst at SunTrust Robinson Humphrey. "The CD player market has already become a smaller market."

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