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Tech Doldrums Coming in '08

Posted Jan 11, 08 3:57 PM CST in Technology 

(Newser) – Expect a tech recession this year, says Michael Malone of ABCNews.com. He predicts a failure by Apple to produce any new blockbuster products, forcing it to compete on price and distribution—“not its greatest strengths”—and a “major stumble” by Google, for which he cites the recent exits of various senior execs.

“It could be because they're so rich … but it could also be because they know trouble is coming,” Malone argues. But he sees a light at the end of the ’08 tunnel—2009. He predicts three hot products to fuel a new tech boom next year: a wall-sized plasma TV from Panasonic, the super-thin Sony XEL-1 11-inch TV and a Panasonic portable DVD player with 13 hours’ battery life.
Source: ABC News

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Sony's 11-inch OLED digital televisions are showcased at the Consumer Electronics Show(CES) in Las Vegas, Monday, Jan. 7, 2008. (AP Photo/Jae C. Hong)   (Associated Press)
Panasonic unveiled the world's largest Plasma HDTV and the world's smallest and lightest HD Camcorder at the 2008 International Consumer Electronics Show this week. The 150-inch Plasma, which offers...   (Associated Press)
Toshihiro Sakamoto, President of Panasonic AVC Networks and Senior Managing Director of Matsushita Electric Industrial Company pictured next to the world's largest Plasma display, a 150-inch one of a...   (Associated Press)
Geoff Holman introduces Panasonic's 150-inch plasma television at the Panasonic booth at the Consumer Electronics Show (CES) in Las Vegas, Monday, Jan. 7, 2008. (AP Photo/Jae C. Hong)   (Associated Press)
Sony's 11-inch OLED digital televisions are showcased at the Consumer Electronics Show (CES) in Las Vegas, Monday, Jan. 7, 2008. (AP Photo/Jae C. Hong)   (Associated Press)
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