Best Buy expects strong Year as Demand for Electronics resurges

Mar 25 2010, 10:17am CDT | by Luigi Lugmayr

Best Buy reported better than expected numbers and gave an upbeat outlook for 2010. Best Buy's stock and also Amazon's jumped on this news.

Since the demise of Circuit City, Best Buy is almost the single choice to experience consumer electronics first hand before buying.
According to Reuters, Best Buy plans to open 50 to 55 large-format stores and 75-100 small-format stores in the United States.

Best Buy was also a great place to get Black Friday deals last year. We reported about lots of hot notebook, netbook and TV deals. Given the positive outlook Black Friday 2010 should become an even bigger sales event.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.