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 giants presence in the retailers 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 Streets 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 Buys comments provide more evidence of the devices success.
Joly also announced steps that will deepen Best Buys 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 ...
If you want on or off the Mac Ping List, Freepmail me.
Asian/Chinese demand for Apple watch is cratering for obvious reasons
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.
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?
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
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.
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.
Not according to Apple CEO in his letter to Jim Cramer. . .
Lying again, Dennis? You don't have any data on any of this except what you pull out of your posterior.
Are you nuts, no one is buying that toy, plenty of people right here has told me that. :)
What part of:
. . . did you fail to comprehend?
You should talk. You are the one trying to pawn off one of those 13 inchers on granny.
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.
i didn’t say when in those two months i went to the stores
keep on shilling. maybe someone will buy the snake oil
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.
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.
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
You’re an idiot buddy. Keep drinking that koolaid. If apple does not pay u for posting this crap, you are a fool.
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.