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The latest consumer electronics news, market research and information on earnings, profitability, mergers & acquisitions and company financials within the industry.

  • Best Buy Sales Rise But Q3 Profits Fall 29%

    Alan Wolf, December 13, 2011
    Minneapolis - Best Buy showed gains in third-quarter revenue and comp-store sales, but they came at a cost.  More
  • HP Earnings Slide In Fiscal Q4

    By TWICE Staff, November 21, 2011
    Palo Alto, Calif. - Hewlett-Packard reported lower net earnings on slightly lower net revenue in its fiscal fourth quarter.  More
  • SED Reports Net Loss, Higher Sales

    By TWICE Staff, November 10, 2011
    Lawrenceville, Ga. - SED International Holdings reported a net loss and higher net sales for its fiscal first quarter, ended Sept. 30.  More
  • Conn's Q3 Sales Rise 12.4%

    Alan Wolf, November 8, 2011
    Beaumont, Texas - Higher retail prices and increased advertising and sales staff helped Conn's revenue rise 12.4 percent to $17.1 million for its fiscal third quarter, ended Oct. 31.  More
  • Systemax Posts Higher Sales, Earnings In Qtr.

    By Steve Smith, November 1, 2011
    Port Washington, N.Y. - Systemax, whose primary retail brands are TigerDirect, CompUSA and Circuit City, reported higher net income and sales corporately, but lower consumer sales during the third quarter, ended Sept. 30.  More
  • Sirius XM Profits Up 54%

    By Joseph Palenchar, November 1, 2011
    New York - Sirius XM Radio posted a 54 percent gain in third-quarter net profit to $104.2 million on a 6 percent revenue gain to $762.6 million, a company record for any single quarter.  More
  • Electrolux Q3 Profits Fall 40%

    By Alan Wolf, October 28, 2011
    Stockholm, Sweden - Weaker demand, lower prices and higher raw materials costs led to a 40.2 percent decline in Electrolux's third-quarter profits, to $128 million.  More
  • Samsung Posts Lower Profits, Higher Sales

    By Steve Smith, October 28, 2011
    Seoul, South Korea - Samsung Electronics reported lower net income but slightly higher revenue for the third quarter, ended Sept. 30.  More

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Apple's Grand Central Terminal Store Opens

New York - With more than a thousand eager customers standing at the ready, and several thousand very curious New York City commuters looking on, Apple opened its newest store in Grand Central Terminal today.
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TWICE On The Scene: Newegg Ramps Up For Black Friday 2011

Edison, N.J. - Among its many attributes, Newegg.com is renowned for its fulfillment efficiency.
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