PriceSCAN Press Release
9/9/08
Discounting of AMD Processors May Reflect More Than Announced Price Cuts
PriceSCAN Vice President of Financial Products Daniel Fehder commented that significant discounting of AMD Athlon and Phenom series chips by retailers last week meant that in many cases the current retail price was at or below the wholesale rates announced by AMD on September 1. The AMD Quadcore Index dipped 7.6% last week, and the AMD Dual Core Index dropped 6.7% last week
A Potential Retail Discount to Wholesale Could Indicate Excess Inventory
Jeff Trester, PriceSCAN Co-CEO and Chief Economist, noted, “In the context of a slowing economy, a retail discount to wholesale could be indicative of weak demand, possibly accompanied by excess inventory. This is not a comforting sign coming out of the back to school period and approaching the holiday season.”
About The PriceSCAN Manufactured Product Indices
The PriceSCAN Manufactured Product Indices are a set of 50 indices tracking a broad array of finished good prices at the retail level. The PriceSCAN indices are carried on Bloomberg's data service under the ticker symbol PRIC and are available on PriceSCAN.com’s website at http://www.pricescan.com/indices. PriceSCAN.com also makes available customized data packages for clients in the financial, technology and retail communities.
About the PriceSCAN.com Econometric Team
Dr. Jeffrey J. Trester is Co-CEO and Chief Economist of PriceSCAN. After graduating MIT and attending Yale for graduate studies in theoretical physics, Dr. Trester received his PhD in financial economics from the Wharton School. He has also served on the Philadelphia Federal Reserve Bank’s Business Council. Daniel C. Fehder is Vice President of Financial Products at PriceSCAN.com. A graduate of Harvard and University of Pennsylvania, he can be reached for comment at analytics {at} pricescan.com
About PriceSCAN.com, Inc
Founded in 1997, PriceSCAN.com is a comprehensive price and product comparison service. Millions of consumers a year have used PriceSCAN.com to bargain hunt. In addition to price comparison, PriceSCAN.com offers objective vendor ratings, a price focused technology blog, user reviews, price trend graphs, and email price target alerts.
