Electronics retailers and their investors are looking towards a very good holiday season this year, anticipating some of the best sales in company history
Best Buy CEO Sees Tablet Sales Plummeting
Are tablets finally reaching the point of saturation? According to Best Buy’s CEO, Hubert Joly, they are “crashing” as he stated in an interview with recode. In fact, Hubert says that they’ve seen a revival of the PC’s growth in sales within Best Buy which accurately depicts some of the trends we’re seeing in the industry as a whole with Intel and others reporting better earnings quarter after quarter. Hubert partially attributes it to the fact that Microsoft stopped supporting XP and the fact that there are now thinner, more portable PC formfactors that also act as tablets. Best Buy [NYSE:BBY] has been struggling as of
