The latest consumer electronics news, market research and information on earnings, profitability, mergers & acquisitions and company financials within the industry.
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Best Buy Sales Rise But Q3 Profits Fall 29%
Alan Wolf, December 13, 2011Minneapolis - 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, 2011Palo 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, 2011Lawrenceville, 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, 2011Beaumont, 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, 2011Port 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, 2011New 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, 2011Stockholm, 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, 2011Seoul, South Korea - Samsung Electronics reported lower net income but slightly higher revenue for the third quarter, ended Sept. 30. More
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As a former BBY employee, I saw a decrease in morale as the company attempted to...
billddrummer– 12/13/2011 10:24:15 PM EST
in response to Best Buy Sales Rise But Q3 Profits Fall 29%With internet sales - and watching what happened to Circuit City, Ultimate, and...
Jim Grigsby– 12/13/2011 2:39:03 PM EST
in response to Best Buy Sales Rise But Q3 Profits Fall 29%Promoting yourself as a bunch of GEEKS is a pretty poor business model!Think...
Bob DeVore– 9/21/2011 9:39:49 AM EDT
in response to Best Buy Q2 Earnings Fall 30%The internet has created two problems for brick and mortar retailers like Best...
Tony Cuchiara– 9/14/2011 11:31:12 AM EDT
in response to Best Buy Q2 Earnings Fall 30%
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PRODUCT SPOTLIGHT
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.TWICE On The Scene: Newegg Ramps Up For Black Friday 2011
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By The Numbers
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CE No. 1 For Holiday Shoppers
BOULDER, COLO. — Fully 100 percent of consumers surveyed in a holiday shopping poll reported purchasing a CE device last... -
Siras: 'Super Bowl' TVs Unlikely To Be Returned
REDMOND, WASH. — Siras reported that consumers are no more likely to return TVs purchased in the week leading up to the ... -
Amazon Tops In Online Satisfaction
ANN ARBOR, MICH. — Customer satisfaction with e-commerce sites was up this holiday season compared with last year, with ...
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