Why CD players so expensive when the fomat is dead


Please explain to me why CD players are still so expensive, considering even the giant Wal-mart has announced they will stop CD sales due to lack of $$ support..It cant be supply and demand!
missioncoonery

Showing 1 response by tomcy6

Here's what I found at this web page:
http://www.marketingcharts.com/interactive/music-stats-for-2009-fab-four-king-of-pop-among-top-selling-artists-11620/nielsen-music-sales-highlights-type-2009png/

For 2009 in the US:

295,000,000 cds were sold
76,400,000 digital download albums were sold
2,500,000 vinyl LPs were sold

Single track digital downloads were 1.16 billion

So I'd say the cd is still doing OK.