It’s Always The TV’s Fault, Right Best Buy?

Best Buy is blaming sagging TV and computer sales for its third consecutive quarter of declining revenues. 

The electronics retailer reports a 16-percent drop in earnings for the last quarter.  CEO Brian Dunn says the drop in sales for key items was cushioned a bit by America’s thirst for mobile computing.  Smartphones, tablet computers and notebooks were among the chain’s top sellers.  Best Buy did have an eleven-percent increase in revenue from online orders.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s