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TEXXR

Chronicles

The story behind the story

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Is it a bargain or obsolete?

It's getting harder to know when to buy  —  The day after Christmas, prices on big-screen TVs went down and Raul Axtle pounced.  —  Axtle and his 16-year-old son, Shaheen, headed to a Best Buy electronics store in Emeryville, Calif., to buy the TV that Shaheen …

New York Times Damon Darlin

Context & Ripple Effects

A year after Wired covered retailers locking shoppers out of post-holiday doorbusters during the 2005 holiday season, the New York Times flips to the other side of the counter: the day-after-Christmas markdown. Big-screen TV prices fell sharply once the gifting rush ended, and buyers like Raul Axtle moved immediately — his Emeryville Best Buy trip with his son captured the new calculus facing electronics shoppers.

First-order effects

  • Retailers like Best Buy clear holiday inventory at thinner margins while holdout shoppers such as Axtle capture steep post-Christmas discounts on big-screen sets.
  • Anyone who bought the same TV at full price weeks earlier sees the value of their purchase reset overnight, sharpening anxiety about when to buy.

Second-order effects

  • Flat-panel makers' rapid model turnover makes last season's premium set depreciate fast, pushing retailers toward ever-earlier and deeper markdown cycles instead of holding list price.
  • Techdirt's syndicated take framed the dilemma as product improvements outpacing even deliberate obsolescence — an argument that waiting for the next model no longer guarantees a better buy.

Third-order effects

  • If improvement cycles keep compressing the useful life of consumer electronics, 'when to buy' becomes a permanent structural problem for consumers and a core competitive lever for mass retailers.

The trend: Consumer electronics are shifting toward improvement-driven obsolescence, where faster product cycles — not wear — dictate both price depreciation and the timing of purchases.