Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Best Buy deepens links to Apple, says watch has been a smash hit
Fortune ^ | August 25, 2015 | by Phil Wahba

Posted on 08/25/2015 1:49:15 PM PDT by Swordmaker

Best Buy CEO Hubert Joly said Apple Watch is off to a strong start and announced steps to deepen the tech giant’s presence in the retailer’s stores.

Best Buy continued its remarkable turnaround last quarter, with a big assist from Apple.

The largest U.S. electronics retailer reported a rise in domestic comparable sales of 3.8% for the second quarter, well ahead of Wall Street’s expectations, and posted a better than expected profit. While Best Buy has helped its cause by cutting costs and adding floor space to growing categories like smart homes, home theaters, and shops-within-a-shop for top brands, it has also been getting a lot of help from Apple and its roster of red-hot products.

“Demand for Apple Watch has been so strong in the stores and online,” Best Buy CEO Hubert Joly told Wall Street analysts on a conference call. The retailer expects to be selling the device, which hit the market in June, at all of its 1,050 big-box stores by the end of September, he added. Initially, Best Buy had planned to have watches in 300 stores by the holiday season. (It started selling the watches in early August.) Apple did not provide specific sales numbers for the watch in its second-quarter earnings last month, but Best Buy’s comments provide more evidence of the device’s success.

Joly also announced steps that will deepen Best Buy’s relationship with Apple. It is currently updating its Apple shop-in-shops at 740 stores, including new fixtures and more display tables for phones, computers, and tablets. The work is already complete at 350 stores, and will be finished at another 170 in time for the key holiday season. . . . and will start testing out being an authorized service provider at 50 stores.

(Excerpt) Read more at fortune.com ...


TOPICS: Business/Economy; Computers/Internet
KEYWORDS: apple; applepinglist
Navigation: use the links below to view more comments.
first 1-2021-28 next last

1 posted on 08/25/2015 1:49:15 PM PDT by Swordmaker
[ Post Reply | Private Reply | View Replies]

To: ~Kim4VRWC's~; 1234; Abundy; Action-America; acoulterfan; AFreeBird; Airwinger; Aliska; altair; ...
Best Buy CEO says Apple Watch demand is ‘so strong’ that we’re expanding sales to all 1,050 stores — PING!


Apple Watch Strong sales at Best Buy
Ping!

If you want on or off the Mac Ping List, Freepmail me.

2 posted on 08/25/2015 1:55:57 PM PDT by Swordmaker ( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Swordmaker
 
 
BustedBuy frantically scrambling for a lifeline to stay afloat in the cratering retail market.
 
 

3 posted on 08/25/2015 1:56:16 PM PDT by lapsus calami (What's that stink? Code Pink ! ! And their buddy Murtha, too!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lapsus calami

Asian/Chinese demand for Apple watch is cratering for obvious reasons


4 posted on 08/25/2015 2:08:19 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Swordmaker

every best buy i’ve walked into during the last 2 months, i’ve paid attention to a few areas to gauge interest.

the iwatch areas are always completely abandoned.

if you go to the apple store, the faithful will gather round most tables... except the iwatch table.


5 posted on 08/25/2015 2:27:30 PM PDT by sten (fighting tyranny never goes out of style)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Swordmaker

So how come I’ve never seen anyone wearing or using one?

And I work in tech.

On the other hand, I know may persons who have seen “Straight out of Compton”, which also is purported to be a hit.

What gives?


6 posted on 08/25/2015 2:33:45 PM PDT by cicero2k
[ Post Reply | Private Reply | To 1 | View Replies]

To: sten

As far as buying Apple products the Apple watch ranks lowest. Gives the buyer the least prestige say in Manhattan.

I would say:
-iPhone gives the most status
- then comes Apple 15” laptops not the dinky sized jokes that are 13.3”
-then ipad


7 posted on 08/25/2015 2:49:51 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
[ Post Reply | Private Reply | To 5 | View Replies]

To: sten
every best buy i’ve walked into during the last 2 months, i’ve paid attention to a few areas to gauge interest.

the iwatch areas are always completely abandoned.

if you go to the Apple Store, the faithful will gather round most tables... except the iwatch table.

WOW! How do you tell sten is lying? Simple, he posts on Apple threads.

That pretty much shows that sten is making up his claim as he's types his post.

8 posted on 08/25/2015 3:00:12 PM PDT by Swordmaker ( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Swordmaker

since the beginning of july, i’ve been to 3 different best buys and 1 apple store. i’ve yet to see anyone going over the product with any sales person. i’ve also yet to see anyone wearing an iwatch

you’re just pimping for apple, trying to boost their sales.

as you always do.


9 posted on 08/25/2015 3:12:22 PM PDT by sten (fighting tyranny never goes out of style)
[ Post Reply | Private Reply | To 8 | View Replies]

To: dennisw
Asian/Chinese demand for Apple watch is cratering for obvious reasons

Not according to Apple CEO in his letter to Jim Cramer. . .

10 posted on 08/25/2015 3:14:00 PM PDT by Swordmaker ( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
[ Post Reply | Private Reply | To 4 | View Replies]

To: dennisw
As far as buying Apple products the Apple watch ranks lowest. Gives the buyer the least prestige say in Manhattan.

I would say:
-iPhone gives the most status
- then comes Apple 15” laptops not the dinky sized jokes that are 13.3”
-then ipad

Lying again, Dennis? You don't have any data on any of this except what you pull out of your posterior.

11 posted on 08/25/2015 3:16:48 PM PDT by Swordmaker ( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Swordmaker

Are you nuts, no one is buying that toy, plenty of people right here has told me that. :)


12 posted on 08/25/2015 4:40:23 PM PDT by itsahoot (55 years a republican-Now Independent. Will write in Sarah Palin, no matter who runs. RIH-GOP)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sten
since the beginning of july, i’ve been to 3 different best buys and 1 apple store. i’ve yet to see anyone going over the product with any sales person. i’ve also yet to see anyone wearing an iwatch

What part of:

. . . did you fail to comprehend?

13 posted on 08/25/2015 5:26:31 PM PDT by Swordmaker ( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Swordmaker

You should talk. You are the one trying to pawn off one of those 13 inchers on granny.


14 posted on 08/25/2015 5:27:11 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Swordmaker
Good for BB.

Radio Shack made next to nothing on the per-unit sales of the iPhone. Unless BB is getting a deal from Apple, they probably do not make much profit on each iwatch. IOW, increase in sales, but not necessarily profits.

15 posted on 08/25/2015 5:38:38 PM PDT by HonkyTonkMan
[ Post Reply | Private Reply | To 1 | View Replies]

To: Swordmaker

i didn’t say when in those two months i went to the stores

keep on shilling. maybe someone will buy the snake oil


16 posted on 08/25/2015 5:42:39 PM PDT by sten (fighting tyranny never goes out of style)
[ Post Reply | Private Reply | To 13 | View Replies]

To: sten
i didn’t say when in those two months i went to the stores

Keep dancing with your lies, Sten. . . you keep changing your stories. Caught in lies and you change them to try and make it sound true. Sorry. Caught once, your credibility is in shreds. You haven't said anything to deny the credibility of the CEO of BestBuy. . . and you have none as a member of the anti-Apple hate brigade who obviously makes up anecdotes to fit what ever negative FUD you want to spread.

If you had gone in the last two weeks, you would have said so. You didn't until it was thrown in your face that your lie couldn't possibly be true on it's face and you were impeached. . . because BestBuy was not selling the product in their stores during the past two months.

17 posted on 08/25/2015 6:47:49 PM PDT by Swordmaker ( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
[ Post Reply | Private Reply | To 16 | View Replies]

To: HonkyTonkMan
Radio Shack made next to nothing on the per-unit sales of the iPhone. Unless BB is getting a deal from Apple, they probably do not make much profit on each iwatch. IOW, increase in sales, but not necessarily profits.

That really makes sense. . . they make no money on the great sales of the Apple Watch in 300 stores so they are going expend lots of money accelerating their time table to add it to 750 more as quickly as possible, getting it done by September instead of December, so they can make no money on the Apple Watch in those stores too! Do you realize how insane you sound? Businesses such as BestBuy are in business to MAKE money for themselves and their investors, not for someone else.

By the way, there is no such product as an "iWatch." The TradeMark for iWatch belongs to another company. Apple is even being sued by the Trademark owner for Trademark infringement even though they don't even use the name in their advertising, or even mention it, and never have. . . only the Apple haters call it that. Hilarious.

18 posted on 08/25/2015 6:57:40 PM PDT by Swordmaker ( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Swordmaker

face it, you’re just butt hurt because no one wants the iwatch and apple is about to get caught buying up their own stock (and ‘accidentally’ causing a stock shortage) in the hopes of driving up interest.

might as well rename it now: iSegway

apple’s best move is to get govt types to buy it with taxpayer funds


19 posted on 08/25/2015 7:54:10 PM PDT by sten (fighting tyranny never goes out of style)
[ Post Reply | Private Reply | To 17 | View Replies]

To: Swordmaker

You’re an idiot buddy. Keep drinking that koolaid. If apple does not pay u for posting this crap, you are a fool.


20 posted on 08/25/2015 8:39:19 PM PDT by HonkyTonkMan
[ Post Reply | Private Reply | To 18 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-28 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson