Wednesday, March 1, 2017

Best Buy Sales Fall Slightly, But It’s The Electronics Industry’s Fault

Any time sales dip, do your best to just blame everyone else. Well, that whole Samsung Galaxy Note 7 thing couldn't have been good for business. I'll give them that.

"Another problem was what CEO Hubert Joly referred to as “softness” in the video game market. “The level of industry softness across both gaming hardware and software was much steeper than anticipated,” he explained in a phone call with stock analysts this morning. There were no hot new consoles for sale, or game titles that brought customers into stores. "