Items tagged with NYSE: BBY

BlackBerry's Z10 handset came out of the gate strong, notching quick sales, including a single order of 1 million devices from an "established partner." The Z10 was also included in what BlackBerry deemed its largest ever corporate order of BlackBerry 10 (BB10) devices (Q10 handsets were also included in that order). With all that being the case, it's a little curious that the Z10 keeps going down in price. At Best Buy, you can pick up a Z10 for as low as $50 with a new 2-year service agreement with Verizon Wireless. AT&T subscribers have it even better -- the device is free with a 2-year commitment.... Read more...
The only place you can score Acer's new M5-583P-6428 laptop is at Best Buy, where it's being offered exclusively for $700. It features a 10-point multi-touch display powered by a 4th generation Intel Core i5 4200U dual-core processor (Haswell) clocked at 1.6GHz (2.6GHz via Turbo) with 3MB of cache and Intel HD Graphics 4400 clocked at 200MHz base and 1GHz max. Like so many of today's laptops, the M5 is a svelte machine measuring less than an inch thick. It sports a new metal chassis with clean modern lines, a silver aluminum finish, "soft touch" texture on the bottom, and a backlit keyboard, a... Read more...
Best Buy is renewing an iPhone trade-in promotion in which you can waltz into your local Best Buy location, hand over your iPhone 4 or 4S handset, and essentially receive a free iPhone 5. You actually earn a credit of up to $150, which you can then use the cover the cost of a 16GB iPhone 5 in either black or white. The 16GB iPhone 5 runs $200 (subsidized) at Best Buy, minus a $50 instant rebate that's in effect until June 29. You may recall Best Buy held this same promotion earlier this month, on June 1st, to be exact. While the electronics chain isn't disclosing how many older iPhone models it... Read more...
The U.S. Consumer Product Safety Commission said this week there have been more than a dozen reports of ATG lithium-ion replacement batteries for the MacBook Pro catching fire, prompting Best Buy to issue a recall. There have been 13 documented cases so far, and in one instance, a faulty battery caused a "serious burn" to the user's leg. There are two SKUs to look for in determining whether or not your MacBook Pro's third-party battery is included in the recall. The first is "MC-MBOOK13B," which is found on the black battery, and the second is "MC-BOOK13W," which is found on the white battery.... Read more...
Do you think Best Buy and Samsung might be excited about the launch of Samsung Experience Shops in Best Buy locations across the nation? To celebrate the launch of the Samsung Experience Shop, the two companies hired Bruno Mars to attend the grand opening of their newest location in New York's Union Square Best Buy store to mark the beginning of a rollout that will see these shops within a store installed in more than 1,400 Best Buy and Best Buy Mobile locations across the U.S. In addition to hiring Bruno Mars to put on a concert, Samsung treated consumers to early access to its Galaxy S4 smartphone,... Read more...
We won't go so far as to call this a fire sale, but holy moly, Best Buy is offering some deep discounts on Apple's 3rd generation iPad tablets. We're talking price savings up to 30 percent with prices starting as low as $315 for a 16GB iPad with Wi-Fi, down from its normal selling price of $450. That's a savings of $135, though the biggest discount is available on the 64GB Wi-Fi + Cellular model, which has been reduced to $546, down $234 from its regular price. Here's a look at the new and old pricing: 16GB iPad Wi-Fi: $315 (down from $450) 32GB iPad Wi-Fi: $385 (down from $550) 64GB iPad Wi-Fi:... Read more...
Best Buy management now has the support of its founder, Richard Schulze, who's returning to the electronics chain as chairman emeritus after he left the Board last year amid a scandal and then tried to buy out the company. He's already named two former colleagues, Brad Anderson, who previously served as Chief Executive, and Al Lenzmeier, who was the Chief Operating Officer, to serve on the Board of Directors, Best Buy announced today. Schulze resigned last May amid a scandal involving former Chief Executive Brian Dunn. An internal investigation revealed that Dunn had a relationship with a female... Read more...
Best Buy said that "accelerating online growth" is its No. 1 priority in fiscal 2014, and it's well on its way to doing that. It's online sales grew 11.2 percent last quarter, after having already jumped 25.4 percent in the same quarter a year ago, the electronics chain revealed when announcing financial results for its fiscal fourth quarter. Even still, Best Buy posted a loss of $409 million after paying preferred dividends for the three-month period ended February 2, or $1.21 per share. On the bright side, that's down from a loss of $1.82 billion, or $5.17 per share, a year ago. "These results... Read more...
Beginning March 3, Best Buy will extend its price-matching "Low Price Guarantee" to all local retail competitors and 19 major online outfits in all product categories on nearly all in-stock products, provided the customer requests it. That includes popular online shopping sites like Amazon.com, Newegg.com, and TigerDirect.com, to name just a few. At the same time, however, it's being reported that Best Buy's "Return and Exchange" period is being slashed in half from 30 days to 15 days, after raising it a year ago. According to The Consumerist, numerous sources have confirmed the policy change,... Read more...