Wine & Innovation for Everyone !!

The recession and aggressive competition have driven down prices of a lot of things including high-end wines and innovative consumer electronic products. Total sales of wine is going to rise this year by 2.1% (according to market research group), however wines above $25 is getting a big hit. This is not so good news for wineries but it is creating a level playing field for wine loving consumers who otherwise could not afford high-end wines. The price for these fancy wines are going to remain cheap next year.

Take a look at some of the innovative consumer products. The top brand 40" LCD TV was selling for $1700 just a couple of years ago. This Thnaksgiving, 40" SONY Bravia 1080P TV was selling for $700

LCD TV, GPS and Flash Camcorder remained HOT this year but prices are much affordable. A 4.3 Garmin Nuvi with tons of features is selling at TigerDirect for $115. Some TomTom models were sold for $70 around Thanksgiving. This is a huge drop for something which is a life saver when you are on road. I consider these portable GPS systems the most innovative consumer product because unlike other data communication products, they don't require us to subscribe to any service contract.

Some of the best innovations we saw, came in latest laptops. My favorite is Lenovo Ideapad with Intel Core 2 Duo processor which is different than Dual Core processor. Core2 Duo is designed from ground up to be fast while not consuming as much power as its predecessors.  The Ideapad laptop can be built with many CPU options from Core2 Duo family (they differ with L2 cache) and other innovative features such as Lenovo's Veriface technology(lets you use your face as password) and built-in webcam and dolby audio. All these for unbelievable price of $529. one thing is sure...2009 will be remembered as the year of innovations that benefit everyone.