Best Buy posts higher than expected Q2 Profits

Best Buy released their Q2 earnings today.

Sep 14 2010, 7:22am CDT | by Luigi Lugmayr

Best Buy surprised today with higher than expected profits for their fiscal second quarter. According to Market Watch, Best Buy's profit rose ot $254m from $158 last year for the quarter. More importantely the consumer electronics retailer raised the forecast for the full year.

It looks like Best Buy is confident that the coming holiday shopping season will be successful for them. Best Buy played their cards pretty well in the past Black Friday sales season. I expect them again to be one of the stores online and offline to watch for great consumer electronics deals.

It is still unclear what products will drive the lion share of sales during Black Friday 2010. Yesterday we identified a 3D TV that most likely will be a Black Friday favorite. More Black Friday news.

Updates

Flogging Molly unites Celtic, punk and crowd at Sands Bethlehem Event Center

Source: The Morning Call

Flogging Molly front man Dave King came on stage at Sands Bethlehem Event Center on Thursday apologizing that one of the two opening acts the band was supposed to have never made it to the show. No worries, King ...
Full article at: The Morning Call More like this 4 hours ago

Take Advantage of Some Major Memorial Day Weekend Sales and Discounts with These Top 7 Tips!

Source: Mommy Living the Life of Riley

It's time to set sail for Memorial Day deals! You'll want to be ship shape first, however, so invest some prep time to make the most out of special events offered by stores. Read on for a few tips and get the most bang for your buck: ...
Full article at: Mommy Living the Life of Riley More like this 7 hours ago

Nawazuddin Siddiqui has arrived: GANGS OF WASSEYPUR 1&2 and MISS LOVELY triumph at Cannes - News

Source: GlamSham.com

It rarely happens for an actor that two of his films simultaneously make waves at the Cannes International Film festival, but Nawazuddin Siddiqui is one such rare actor. He is blessed that two of his yet to be released films GA ...
Full article at: GlamSham.com More like this 10 hours ago

where to buy

Buy from Amazon

Don't miss ...

Black Friday

Cyber Monday Ads and Deals 2011 - List of All Sales (...

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.