Sales of home audio equipment down 18% in 2005

In 2005 retail sales of home audio equipment, including stereo system components and surround-sound “home theater in a box” rigs, dropped nearly 18%, to 10.2 mln units, according to NPD Group. In the same period, sales of portable digital players like Apple’s iPod more than tripled, to 22.4 mln units in 2005, from 7.1 mln in 2004, says the Consumer Electronics Association. Among respondents to a consumer-behavior survey published 2004 by the CEA, 34% said they listened to music at home primarily on a PC, compared with just 26% who said they used a stereo or surround-sound receiver as their main home listening system.