Tech Doldrums Coming in '08

But 2009 will bring boom, predicts ABC 'Silicon Insider' Michael Malone
By Laila Weir,  Newser User
Posted Jan 11, 2008 3:57 PM CST
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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(Newser) – Expect a tech recession this year, says Michael Malone of 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.