Rosy Outlook: Vizio sets all manner of records, business booming

Many analysts say there’s no money in many industries right now, including HDTV’s. Try convincing Vizio of that fact, as they come off a record quarter of prosperity.

While many companies are cutting staff, restructuring or shuffling their priorities,  Vizio is sitting pretty with rosy financial statements right now, and it comes as a bit of a surprise to us, HDTV veterans we are. I’m used to seeing them as bargains in Wal-Mart, or something you settle for when you can’t afford a “name brand”. That apparently isn’t the case anymore.

Here’s some numbers for you to peruse: they’re the second largest shipper of HDTV’s as of now, their sell-through increased 52% during the holidays over 2007, and they shipped 1.2 million HDTV in the 4th quarter of 2008.

The CEO was quite happy about their success, being quoted as saying that as other HDTV makers drop their prices and still struggle a bit, Vizio is humming right along with smart business moves. No doubt about it; Vizio has a good thing going on, and here’s to them keeping it up.