Best Buy announced lots of gear at CES including a completely new line of notebooks that will be branded for its stores. The company also announced how well it did revenue wise in the month of December with the holidays.
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Best Buy announced that its revenue for the December through January 2 grew 13% to $8.5 billion. The five-week revenue was up compared to the same period last year totaling $7.5 billion. The big increase is due to a store sales increase of 8.2% according to Best Buy and the addition of new stores around the country.
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The company also reported a significant growth in online sales that contributed to the $1 billion growth for the five-week period. Sales of Best Buy's computer line increased 28.5% with sales of appliances growing by 16.2%.
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