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US buyers snapping up cheap PCs

More and more computer buyers are snapping up sub-$1,000 PCs, and manufacturers that don't ave inexpensive models ready for Christmas will be at a severe competitive disadvantage, according to market researcher Computer Intelligence.
Written by Margaret Kane, Contributor

Retail PC shoppers are apparently becoming more price conscious, with 40 percent of buyers in August paying less than $1,000, according to the survey, up from 23 percent in July.

New models from Compaq Computer Corp. and PackardBell NEC Inc. were primarily responsible for spurring the increase in demand , according to Computer Intelligence, based in La Jolla, Calif.

The average selling price of a retail PC dropped to $1,341 in August. It was the first time average selling prices for desktop PCs fell below $1,400 in the four years CI has tracked the number. CI is owned by Ziff-Davis, which publishes ZDNN.

PC manufacturers generally have dropped prices

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