With the consumer electronic industry still languishing, Sony (SNE) has little reason to be optimistic. In an interview with Italian business daily Il Sole 24 Ore, CEO Howard Stringer said he’s seen little sign of a recovery in Sony’s business. “From my viewpoint, that of Sony and its consumer electronics products the picture for the time being has not improved very much,” Stringer said. “There hasn’t been that turning point that many had hoped for. We are waiting for a signal that hasn’t arrived.”

Seems the econalypse and the absence of a “must-have product” really played havoc with spending during our annual consumer binge. Said Baker, “Not only was there not a really hot product, not only did the economy tell people that they shouldn’t buy stuff, but the stuff I have [is] more than good enough in most cases.”