Vizio bucks the trend with Q3 growth, positive expectations for Q4

by Darren Murph posted Nov 4th 2008 at 12:31PM

In case it's not glaringly apparent to you: price matters. And it matters a lot. While most other HDTV manufacturers are sobbing at sales figures (or the lack thereof) right now, Vizio is grinning from ear-to-ear. The outfit's low-cost flat-panels have evidently struck a chord with bargain-minded consumers, as the privately-held company has confessed to having a profitable Q3. Of course, it won't be releasing actual numbers due to its private status, but according to business operations and marketing VP Jeff Schindler, the firm has "never had an unprofitable quarter." Furthermore, the company is expecting even more growth in Q4 as consumers look to get the most bang for their buck when buying new sets. Can't say we doubt its optimism.

Filed under: Industry, Displays, Others, LCD, Plasma

Tags: business, earnings, flat-panel, growth, hdtv, industry, lcd, quarterly earnings, QuarterlyEarnings, sales, vizio

Reader Comments (Page 1 of 1)

Neutral

webburro @ Nov 5th 2008 12:55AM

Praise Allah, That's great to hear, more Vizio TV's sold, mean more repairs and more ($$) for me. God bless cheap crappy disposable televisions.

Neutral

jack @ Nov 6th 2008 2:58PM

That was the old models of Vizio, I've had both and now love my non-problematic SV420XVT and can't say enough about the picture quality and great warranty options they offered me when I got it (just in case). 1080p and 120hz is amazing and you just can't beat the value: performance ration.

Neutral

EJNelly @ Nov 5th 2008 7:35PM

That would be true, if the performance was any good.

Neutral

Patsman @ Nov 12th 2008 5:46PM

I don't know if you have looked at the XVT line, but the performance has improved by leaps and bounds. Even Consumer Reports "best Electronics" that just came out there were several Vizio models that they rated well there.

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