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Strong Apple Watch Demand Makes Best Buy Expand Availability

Apple’s decision to sell its smartwatch through Best Buy appears to be paying dividends for the company, Best Buy CEO Hubert Joly said today that the retailer is going to expand availability of the Apple Watch to all of its 1,050 retail...Show More Summary

Best Buy seeing strong Apple Watch demand, coming to all stores by end of September

During the company's earnings call, Best Buy CEO Hubert Joly noted that the Apple Watch was seeing strong demand at the retailer, both in stores and online. While Best Buy had originally planned to sell the watch in 300 of its stores...Show More Summary

Apple Watch sales are ‘so strong,’ says Best Buy CEO

Apple still hasn’t publicly released sales figures for the Apple Watch, but according to Best Buy CEO Hubert Joly, Apple’s debut wearable device is doing great. “Demand for Apple Watch has been so strong in the stores and online,” Hubert Joly told analysts in the company’s latest earnings conference call. In fact, Joly claims strong demand […]

Best Buy Accelerating Apple Watch Rollout to All 1,050 Stores Amid Strong Demand

Best Buy CEO Hubert Joly today announced that the company plans to accelerate support for the Apple Watch by having the wearable device be sold in every one of its 1,050 retail locations across the United States "by the end of September"...Show More Summary

Apple Watch demand ‘so strong’ says Best Buy CEO, expanding availability to all stores

While Apple has been mostly mum on the numbers behind Apple Watch sales so far, Best Buy is standing behind the iPhone maker’s general message that the Apple Watch has been a hit with customers. The electronics retailer started selling Apple Watches this month in select stores first in the United States and later in Canada, and […]

This is the best time for Tesla to sell $500 million in stock (tsla)

Tesla is selling more stock. The electric car maker said it plans to raise about $500 million through the sale of 2.1 million shares. CEO Elon Musk will himself likely buy 84,000 shares for about $20 million in the offering, according to a regulatory filing on Thursday. Show More Summary

Best Buy joins the Apple Watch party, will begin selling the device next week

Despite reports that Apple Watch sales have been lukewarm, Apple CEO Tim Cook emphatically dismissed such claims during the company’s earnings conference call last week. Not only have Apple Watch sales exceeded Apple’s internal projections, but early sales of the device have already surpassed early iPhone and iPod sales. Show More Summary

How Best Buy and Flextronics are changing their businesses for IoT

The Internet of things is here, and both Best Buy and Flextronics are trying to adapt to this shift, their CEOs said onstage at Fortune’s Brainstorm Tech event in Aspen on Monday.Hubert Joly, Chairman and CEO of Best Buy, is taking a page from IBM and emphasizing services instead of just retail sales. He offered […]

8 Books Jeff Bezos Thinks Every Boss Should Buy

Amazon's fabled CEO gives his recommendations for world's best business books and then I make fun of them.

MCX CEO Out After Best Buy Begins Accepting Apple Pay

Just a day after Apple CEO Tim Cook announced that MCX member Best Buy would begin accepting Apple Pay in stores later this year, MCX, the company behind Apple Pay competitor CurrentC, announced that current CEO Dekkers Davidson has left the company. Show More Summary

MCX CEO out a day after Best Buy announces Apple Pay integration

4 months agoTechnology / Apple : 9 to 5 Mac

MCX, the merchant consortium behind the Apple Pay competitor known as CurrentC, has announced today that CEO Dekkers Davidson is being replaced by Brian Mooney. MCX has given Mooney the title of interim CEO, which makes it unclear as to whether the consortium is actively looking for another CEO to replace Dekkers Davidson or if Mooney […]

Best Buy gives in to Apple Pay

As of today, Best Buy customers can use Apple Pay on their iPhone 6 or 6+ to buy electronics online, with the physical stores to follow later this year, Apple CEO Tim Cook said on today's Apple earnings call and Best Buy confirmed. This is kind of a big deal. Show More Summary

Apple Pay is headed to Best Buy later this year

Best Buy, one of the largest Apple Pay holdouts, is changing its mind. Apple CEO Tim Cook just announced during its earnings call that Best Buy stores will support Apple Pay later this year. The news comes only a few hours after we learned...Show More Summary

Best Buy to gain Apple Pay support in-app today, in retail stores this fall

4 months agoTechnology / Apple : 9 to 5 Mac

Apple CEO Tim Cook announced today during the company’s earnings call that Best Buy will gain support for Apple Pay in its iOS app today and will begin accepting it in retail stores later this year. Best Buy’s decision is big news because the electronics chain was previously part of the coalition of companies working on […]

Best Buy to accept Apple Pay at stores later this year

During Apple's quarterly conference call for the second quarter of 2015, CEO Tim Cook announced big box electronics store Best Buy is now accepting Apple Pay through its app and will roll out in-store support later this year.

Here’s What Best Buy Plans To Do In FY 2016

CEO Hubert Joly attributed the topline growth and margin improvements seen during the year to their investments in inventory availability, multi-channel execution and a more targeted marketing approach. However, industry and economic...Show More Summary

The iPhone 6 Plus is killing tablet sales

Consumers are shying away from tablets. Sales of the handheld devices have crashed 30% across the industry, Best Buy CEO Hubert Joly said on an earnings conference call. Best Buy's tablet sales declined less than the industry average, although the company declined to give specifics. Show More Summary

Best Buy Is Crashing

Shares of Best Buy are down by more than 9% in pre-market trading. In the electronics retailers' new holiday sales report, CEO Hubert Joly outlined a number of challenges the electronics retailer might face in 2015, including deflationary...Show More Summary

Best Buy Co Inc (BBY), Home Depot Inc (HD), Starbucks Corporation (SBUX): Tom Stemberg’s Prediction On Holiday Performance

The holiday shopping season is again with us, and investors want to know which retailers are going to win or lose at the end of it all. On CNBC’s Street Signs, Staples, Inc. (NASDAQ:SPLS) co-founder and former CEO, Tom Stemberg, discussed some interesting names in the retail space. He looked at names such as Best […]

New plan makes it easier than ever to buy AT&T’s best phones for $0 down

The wireless industry in the United States is in something of a transitional period. Things were fairly stagnant for quite some time and then T-Mobile rocked the industry last year, led by outspoken CEO John Legere and his “Uncarrier” initiatives. Show More Summary

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