Video: Consumers shun electronics
Consumer electronics makers see plumetting demand for their gadgets. The consumer electronics industry is under siege, as Americans hesitate to open their wallets. Even Microsoft is feeling the pinch. The company announced it is slashing almost 5,000 jobs- its biggest cuts ever. Bobbi Rebell reports.
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Labels: consumer electonics, consumer spending, economic crisis, Microsoft, MSFT, Nokia, recession, retail sales, video
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