Was former BlackBerry CEO Thorsten Heins actually right about tablets? While we laughed at Heins’ prediction last year that tablets would be dead in just a few years, there’s now some evidence to suggest that he might have been onto something. In an interview with Re/code, Best Buy CEO Hubert Joly says that tablet sales at his stores have been absolutely plummeting this year while PC sales have actually experienced a rebound in the wake of Windows XP’s demise. More →
If you’re intrigued by Apple’s latest line of refreshed MacBook Airs, you should check out what Best Buy has to offer. AppleInsider points out that Best Buy is offering the lowest prices for the newest MacBook Airs that we’ve yet seen, including $854.99 for the entry-level 11.6-inch MacBook Air that normally retails for $899, and $949.99 for the entry-level 13-inch model that normally retails for $999. Of course, the deals being offered for 2013’s MacBook Airs are even better and you can get an entry-level 11.6-inch model for just $759.99 and an entry-level 13-inch model for $854.99. Given that early benchmarks we’ve seen of the new MacBook Airs showed only a slight improvement over the 2013 MacBook Airs, then the year-old models look like much better bargains at this point. You can check out AppleInsider’s chart that documents MacBook Air prices at multiple retail outlets by clicking the source link below.
If you’ve been holding off on getting an Xbox One, then next week might be the perfect time to pick one up at Best Buy. Best Buy announced on Thursday that if you trade in your Xbox 360 or PlayStation 3 between April 27th and May 3rd, you’ll get a $50 gift card and a $50 coupon that you’ll be able to use toward buying an Xbox One. In other words, if you trade in your old console to Best Buy next week, you’ll be able to get $100 off the purchase price of Microsoft’s newest console. Not all stores are participating in the program so you’ll want to check out Best Buy’s trade-in webpage to find the store nearest you that will take your old console off your hands.
The Galaxy S5 is already available for preorder from many carriers in the U.S., and will be available in stores in a few days, but interested buyers should check Target and Best Buy’s new offers that may help them score a cheaper new Samsung flagship handset, especially if they plan to buy the handset on-contract. More →
Amazon and other online retailers are slowly bleeding big-box electronics stores to death, a fact made all the more obvious this week when RadioShack announced that it was closing down 1,100 stores. Paul Kedrosky points us to a graph put together by The Financial Times that shows how the total overall footprint for major electronics retailers in the United States has been shrinking for the past several years. The total number of electronics retailers in the U.S. has been on a downward trajectory ever since 2009 when Circuit City liquidated its last outlet. Best Buy and Apple have held mostly steady but the recent RadioShack closings mean that the number of electronics outlets in the U.S. has shrunken dramatically. The Financial Times’ graph follows below. More →
In addition to offering customers the chance of saving $50 on unreleased smartphones including the iPhone 6 and Galaxy S5, Best Buy has another smartphone and tablet sale bonanza for buyers looking to purchase a new on-contract handset next week or a new tablet in the following days, CNET reports. More →
Best Buy shares dipped by a massive -30% on Thursday morning as the initial reaction to its shocking same store sales decline for the Christmas period hit Wall Street. This really was a genuine surprise. Best Buy reported a same store sales decline of -0.8% despite the fact that its same store online sales soared by +23% from the previous Christmas. Back-to-back declines in Christmas sales now raise the possibility that Best Buy is slowly descending into the same secular decline hell where Barnes & Noble currently resides. More →
Christmas might be over but sales from big box retailers are still going strong. December is always a huge month for smartphone sales but those who decide to sit out the holiday shopping season are often rewarded with some surprisingly deep discounts. Among the more notable sales of these first few days of the new year is one from Best Buy, which offers post-holiday shoppers a brand new 16GB iPhone 5s for just $124.99 with a two-year contract, which is $74 off of the phone’s standard retail price. CNET notes that the sale only applies to iPhone 5s models for Verizon Wireless, AT&T and Sprint. Also of note, Apple’s 16GB iPhone 5c is still available from Best Buy for free on a two-year contract.
Apple may have given a big “Bah, humbug!” to its American fans this year but that doesn’t mean every Apple retailer has been quite so Scrooge-like with its Black Friday sales. AppleInsider notes that Best Buy is offering significant price cuts for assorted MacBook models for Black Friday this year, including a $200 price cut to the 13-inch MacBook Pro and a $150 price cut to 11-inch and 13-inch MacBook Airs. Other Best Buy Black Friday deals for Apple fans include offering the iPhone 5c for just $48 with a two-year contract; a free iPhone 4s with a two-year contract; and the iPad 2 for just $300.
After selling 1 million PlayStation 4 units in the U.S. and Canada in the first 24 hours of availability, Sony sees more good PS4 sales signs coming from the region, as the console is already sold with a major retailer. Best Buy’s CEO Hubert Joly on Thursday confirmed to Reuters that the retailer has “pretty much run out” of PS4 stock. More →
Electronics retailers including Best Buy, Walmart and others are about to engage in a fierce Black Friday and holiday shopping price war. The fight is for market share rather than profits at a time of the year when several highly anticipated electronic devices are launched, including the new iPad models, or the PlayStation 4 and Xbox One consoles. The Wall Street Journal has spoken to Best Buy and Walmart execs, who confirmed that the holiday shopping season is of utmost importance for them, as electronics are seen as the main attraction for potential customers. More →
Even though sales of the new iPhone models have already rocketed to the top of every major wireless carrier, Best Buy might be looking to convert any stragglers that are still reluctant to switch to Apple. According to an internal document leaked by TechnoBuffalo, Best Buy will be running a promotion from October 13th to October 19th which will offer anyone who trades in a working smartphone a minimum $100 Best Buy gift card in order to purchase an iPhone 5s or iPhone 5c with a two-year activation. The offer states that the smartphone being traded in “must be undamaged (no cracked screen or liquid damage) and in working condition to qualify.” If no iPhones are in stock, the offer is still valid for reservations as well.