Pioneer may exit TV business

By Megan McArdle

Apparently, it loses money.  Which is surprising, and not.  Surprising, because Pioneer's flat-panel televisions are generally recognized as the best.  Not surprising, because they cost about twice what a high end HDTV plasma from, say, Panasonic does, and while the quality is impressive, few people are willing to pay an extra $2500 for it.  Being the high cost provider of a rapidly depreciating luxury good is not the market niche you want in a global financial crunch. 

This article available online at:

http://www.theatlantic.com/business/archive/2009/02/pioneer-may-exit-tv-business/4684/