Confirmed MSRP drop on Panasonic plasmas - AVS Forum
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post #1 of 188 Old 08-22-2005, 04:00 PM - Thread Starter
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Sorry about starting a new thread for this but I'm at work and don't have time to filter through other threads....

I have just received confirmation in print of the rumored price drop taking effect on August 28.

Panasonic TH42PX50U drops to $2999.99
Panasonic TH50PX50U drops to $3999.99
Panasonic TH42PD50U drops to $1999.99

These are MSRP drops, not sale prices or after-rebate prices.
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post #2 of 188 Old 08-22-2005, 04:11 PM
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Quote:
Originally Posted by No_Towel_Lint
Sorry about starting a new thread for this but I'm at work and don't have time to filter through other threads....

I have just received confirmation in print of the rumored price drop taking effect on August 28.

Panasonic TH42PX50U drops to $2999.99
Panasonic TH50PX50U drops to $3999.99
Panasonic TH42PD50U drops to $1999.99

These are MSRP drops, not sale prices or after-rebate prices.
Fantastic! Does anybody have a sense of how quickly, and how thoroughly, the marketplace usually reflects an MSRP drop?
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post #3 of 188 Old 08-22-2005, 04:14 PM - Thread Starter
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You will see the prices effective on August 28 in Circuit City stores.
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post #4 of 188 Old 08-22-2005, 04:27 PM
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Sorry if this question has been answered elsewhere already, but is there an expected MSRP drop on the industrial models? If not, can we expect to see lower prices on industrial models in the market anyhow?

Thanks,
Justin
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post #5 of 188 Old 08-22-2005, 04:38 PM - Thread Starter
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Well, I can tell you that MSRP is dropping on some other non-plasma TVs from Panasonic as well so they are obviously doing some price drops on August 28th across the board on a lot of sets.
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post #6 of 188 Old 08-22-2005, 04:40 PM
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Any confirmed news regarding 50PX500U and 42PX500U?
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post #7 of 188 Old 08-22-2005, 04:43 PM
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This past Sunday's ad for Sears shows the new MSRP.

Kane
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post #8 of 188 Old 08-22-2005, 04:44 PM
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Looks like my 42PD25 is headed for the Master Bedroom sooner than I thought. The 50PX50 will look good in my Family Room...................!!!!! :)
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post #9 of 188 Old 08-22-2005, 04:44 PM
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Interesting that the "confirmed" drops are half of what the "rumored" drops were. Hopefully, this will trickle down into the discounts we see online and from forum supporting sites by this weekend.
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post #10 of 188 Old 08-22-2005, 04:58 PM - Thread Starter
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I think these drops are in line with the rumor. The drop on the 42" was always rumored to be $500 and the 50" was rumored to be $1000....at least, that was my understanding of the rumor.
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post #11 of 188 Old 08-22-2005, 05:13 PM
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Do you think the commercial displays like the 50phd7uy wil see any drop in price? Thanks
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post #12 of 188 Old 08-22-2005, 05:26 PM - Thread Starter
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I don't have any information about the commercial models, but if it's true that these price drops are an effort to battle DLP it's possible that these price drops will be focused on only consumer models. However, having said that, it doesn't make sense to have unreasonably large gap in price for the consumer and commercial models so who knows.
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post #13 of 188 Old 08-22-2005, 05:54 PM
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These are very consistent with the rumor, specifically on the 50 inch and the 42-inch ED model. I think the 42HD is consistent as well, although that now looks the worst buy to me by far.

I hate to look ahead, but it appears possible that $2500 will buy a 50-inch plasma in two years. The long ago Rogo Crystal Ball put the 2007 price at around $3000. It would take two more years of 21% compounded declines in price (which would be much lower than the rate from 2000-05) to achieve the $2500 level. It would only take 14% compounded declines to reach $3000 from here.

For the purposes of comparison, compounded 21% would yield <$1900 on the 42 HD and ~$1250 on the 42 ED. Compounded 14% would yield ~$2200 and <$1500.

Note that the "band sizes" are:

42 ED : $1250 - $1500
42 HD: $1900 - $2200
50 HD: $2500 - $3000

If the 25% decline rate were maintained (I believe the historical average is actually more like 26-27%), then we could see:

42 ED: $1125
42 HD: $1675
50 HD: $2250

Anyway, just some fun food for thought. The new prices are already pretty terrific by all reasonable standards except when comparing to RPTV prices. :)

There is no difference in HDMI cables. If you can see the picture without visible dropouts or sparklies, the cable is working at 100%. No other cable will display a better version of that picture. You're simply wrong if you think there is a better digital cable than one that is already working.
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post #14 of 188 Old 08-22-2005, 05:57 PM - Thread Starter
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50" HD plasma prices are now at about what 50" DLP sets sold for 2 years ago.
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post #15 of 188 Old 08-22-2005, 06:25 PM
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Quote:
Originally Posted by No_Towel_Lint
I think these drops are in line with the rumor. The drop on the 42" was always rumored to be $500 and the 50" was rumored to be $1000....at least, that was my understanding of the rumor.
Just so everyone doesn't think I'm nuts...here was the original rumor post. It said the MSRP was dropping to $2500 on the px50U. As I said, the offiical drops seem to be about half that.

http://www.avsforum.com/avs-vb/showt...ed#post6006614

Still good prices, just not what I was hoping for when I cancelled my order this morning. :)
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post #16 of 188 Old 08-22-2005, 06:47 PM
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Quote:
Originally Posted by No_Towel_Lint
I think these drops are in line with the rumor. The drop on the 42" was always rumored to be $500 and the 50" was rumored to be $1000....at least, that was my understanding of the rumor.
No the originator of the rumor here said the 42PX50's MSRP was going to be reduced by a thousand dollars. I know because it really pissed me off that i could have saved a grand had i not bought one already. But now that i know it's only a $500 drop i'm only half as pissed :D

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post #17 of 188 Old 08-22-2005, 07:06 PM - Thread Starter
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Even the $1000 drop on the 50" surprises me...you just don't see price drops that huge very often.
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post #18 of 188 Old 08-22-2005, 07:30 PM
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Quote:
Originally Posted by No_Towel_Lint
Sorry about starting a new thread for this but I'm at work and don't have time to filter through other threads....

I have just received confirmation in print of the rumored price drop taking effect on August 28.

Panasonic TH42PX50U drops to $2999.99
Panasonic TH50PX50U drops to $3999.99
Panasonic TH42PD50U drops to $1999.99

These are MSRP drops, not sale prices or after-rebate prices.
I'm seeing these prices locally at most big retailers but I believe they are after a $300 rebate. Maybe the rebate becomes a price drop after August 28th.
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post #19 of 188 Old 08-22-2005, 07:32 PM
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Quote:
Originally Posted by No_Towel_Lint
Even the $1000 drop on the 50" surprises me...you just don't see price drops that huge very often.
Yeah, it is a huge single price drop...they must really be trying to boost demand quickly with the "gotta have plasma by football season" crowd. Any idea whether Panny is keeping any powder dry for a followup reduction closer to year-end? Somebody mentioned additional drops around Thanksgiving, but didn't mention any source for the info.
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post #20 of 188 Old 08-22-2005, 07:47 PM
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Alex's info from CED, was right except for the 42 HD. Note my comments above about it being a "worst buy". At $2500, it'd be a somewhat compelling upgrade to the ED model. At $2999, it's a 50% bump in price and makes little sense except for real close-up users.

Once the 50-inch is <$4000, if you are viewing this as a 5 year purchase, you are at about 50 cents per day from the 42 HD to the 50... Few would regret the larger purchase over time.

There is no difference in HDMI cables. If you can see the picture without visible dropouts or sparklies, the cable is working at 100%. No other cable will display a better version of that picture. You're simply wrong if you think there is a better digital cable than one that is already working.
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post #21 of 188 Old 08-22-2005, 08:01 PM
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Just about ready to pull the trigger on a Panny TH-50PX500U. With diligence over the last several weeks, research shows these sets to be available in the $3500-$4000 price range depending on your comfort with a particular dealer or brick and mortar store (specifics intentionally left out to comply with posting rules). This reflects roughly a 27%-35% discount from MSRP. Is the reduced cost to vendors expected to retain this type of savings (Will -cost- decrease by $1000 as speculated or only drop by $500 at cost compressing store margins?)

In a nutshell, are the $3500 - $4000 prices that are out there in anticipation of the decrease or should we logically expect to see a new range of 27%-35% off of 4500 MSRP representing a new range of $2925 to $3285...

-OR- do we expect to simply see prices plummet to from 3.5k-4k down to 2.5-3k after the MSRP reduction?

Any informed thoughts?
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post #22 of 188 Old 08-22-2005, 08:30 PM - Thread Starter
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cmonsammy-
I don't have any information regarding possible future MSRP drops on these models in addition to the Aug 28 reductions. If I had to guess I'd say that you'll likely see sales on these sets (i.e. % off the new MSRP) throughout the holiday season but I'd be surprised if the MSRP drops again before the models are discontinued and replaced with newer models. New models frequently come in at around the same price as the previous model left at, so if there's another MSRP drop then that will mean that Panasonic's new models will have to come in around that new price. We'll just have to see how aggressive Panasonic wants to be. However, keep in mind that you might see clearance prices when the current models go out but those are not MSRP drops; they are in-house price reductions to get rid of inventory. Given the popularity of these Panasonic sets there might not be much of a need to run clearance prices. In fact, there could very well be a gap between when these models sell out and when the new ones show up (unless Panasonic anticipates that and plans accordingly).

galenkelch-
Typically a MSRP hurts the vendor's bottom line and is minimized for the retailer. In other words, a $1000 MSRP drop will typically be accompanied by a dealer cost reduction that would allow the gross margin for the retailer to be roughly the same or slightly less than it was before. However, that's a percentage so let's do some math with FICTIONAL numbers. Suppose the current MSRP of $4999 for the 50" yields a 10% profit (I'm intentionally using numbers that everyone knows are lower than reality). At today's prices the retailer would make $500. Now suppose on the new MSRP of $3999 the retailer makes 9% then his profit would be $360. The point is, even if the profit margin is about the same there is still a big loss in profit dollars because of a lower selling price (10% of $5k is better than 10% of $4k). Say that the retailer wants to make at least $250 off each TV sold. With the old MSRP he could discount the TV 5% and still make that. With the new MSRP he can only discount it 2.75% to get that $250 minimum. So surely you will see deals below MSRP but they may not seem quite as fantastic as now.
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post #23 of 188 Old 08-22-2005, 08:53 PM
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Quote:
Originally Posted by No_Towel_Lint
Sorry about starting a new thread for this but I'm at work and don't have time to filter through other threads....

I have just received confirmation in print of the rumored price drop taking effect on August 28.

Panasonic TH42PX50U drops to $2999.99
Panasonic TH50PX50U drops to $3999.99
Panasonic TH42PD50U drops to $1999.99

These are MSRP drops, not sale prices or after-rebate prices.

At CC today the 42PX50U was $28-- from a retail of $34--. So, does this mean CC can sell these on sale at $24--? Still not enough of a drop because i really need a PC input. Damn you Panny.
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post #24 of 188 Old 08-22-2005, 09:33 PM
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I know...don't you hate the loss of features? Even this reduction will not spur me to trade in my new ED for HD if it means giving back features I wanted in the first place. Also, the lack of a useful Service Menu doesn't help. Oh well...just have to stick to the original plan...42" ED now...larger HD later.




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post #25 of 188 Old 08-22-2005, 10:26 PM
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Quote:
Originally Posted by No_Towel_Lint
Panasonic TH42PX50U drops to $2999.99
Panasonic TH50PX50U drops to $3999.99
Panasonic TH42PD50U drops to $1999.99
What about the TH-37PX50U (current MSRP $2999.99)? Surely it's not going to be at the same price as the TH-42PX50U. Or is it going to be discontinued? :eek:
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post #26 of 188 Old 08-22-2005, 10:27 PM - Thread Starter
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lipcrkr-
In the interest of not breaking any forum rules, all I can say is that CC's sale prices are typically a certain percentage off MSRP across the board (just do the math to find that magic number). You will find similar sales in the future based on the new MSRP. Mail-in rebates are not common with TVs so I wouldn't factor that into your math.
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post #27 of 188 Old 08-22-2005, 10:44 PM - Thread Starter
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You're right, I'm sure the 37" will drop in MSRP as well but that model is not specifically mentioned in the print I have so I don't know by how much.

Incidentally, the LG 50PX1D is also dropping in MSRP by $500 to $3999.99
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post #28 of 188 Old 08-23-2005, 06:28 AM
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Quote:
Originally Posted by No_Towel_Lint
You're right, I'm sure the 37" will drop in MSRP as well but that model is not specifically mentioned in the print I have so I don't know by how much.

Incidentally, the LG 50PX1D is also dropping in MSRP by $500 to $3999.99
How about them hitachi's dropping in price?
the 42HDs52 sure looks tempting if they are forced to reduce their MSRP's also....
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post #29 of 188 Old 08-23-2005, 08:43 AM
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oh man, not only do i not know WHO to buy from, but now i don't know WHEN to buy my 37" or 42" EDTV?
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post #30 of 188 Old 08-23-2005, 08:49 AM
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Originally Posted by goku4658
oh man, not only do i not know WHO to buy from, but now i don't know WHEN to buy my 37" or 42" EDTV?
As has been said ad nauseum, prices will continue to drop for the forseeable future so waiting until the time is right is a fool's game. Here's my suggestion to minimize the chance of buyer's remorse: wake up early on Sunday morning, brew a nice cup of coffee, sit down with the Sunday paper and see where everybody has priced these sets. By 10 or 11 am, you should be out the door en route to the store. You'll be watching your new set by 2 pm.
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