Average price of laptops drops to $1,000

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Good news if you’re in the market to buy a laptop computer: The price is coming down. The Wall Street Journal reports the average price of a laptop is now about $1,000, down from $1,250 last year and $1,640 in 2001.

Limited demand had kept the prices up, but all that has changed with more college students using laptops. Pollster Student Monitor LLC says nearly three-quarters of college-age students who plan to buy a new computer in the next year intend to purchase a laptop. Just four years ago, less than 16 percent of students surveyed owned a laptop.

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