Technology keeps people focused on new cameras ; Consumers upgrade as tools become more sophisticated
Digital camera sales are defying expectations. Two years ago, camera sales were expected to hit a peak and begin falling. Instead, sales are expected to grow 16% this year, and analyst Chris Chute at research firm IDC expects them to grow an additional 8% in 2008. "We really thought the growth had ended," Chute says. "People are either upgrading their cameras now, because prices are so low, or replacing dead models."
Source: USA Today
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