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iPhone 16, new Apple Watch 10 expected


iPhone 16, new Apple Watch 10 expected

Apple must show that AI devices are not a failure Apple Intelligence was introduced on June 10, 2024, during Apple’s Worldwide Developers Conference in Cupertino, California. Source: Apple Inc. Apple needs to convince people to upgrade to the latest iPhones and prove to Wall Street that an iPhone upgrade cycle is underway. One way it’s […]

Best Buy reports another decline in quarterly sales due to cautious purchasing decisions, but business is stabilizing


Best Buy reports another decline in quarterly sales due to cautious purchasing decisions, but business is stabilizing

Anne D’Innocenzio | Associated Press new York – Best Buy, the nation’s largest consumer electronics retail chain, reported another quarter-over-quarter sales decline on Thursday as Americans bought fewer appliances and consumer electronics to focus on essentials. But Best Buy’s business stabilized in the last quarter and results beat Wall Street expectations. The Richfield, Minnesota-based retailer […]

Best Buy reports another quarterly sales decline as shoppers remain cautious about spending on gadgets


Best Buy reports another quarterly sales decline as shoppers remain cautious about spending on gadgets

NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics retailer, reported another quarterly decline in sales as Americans scale back on purchases of home appliances and other consumer electronics and focus on essentials. However, the company’s results beat Wall Street estimates. The Richfield, Minnesota-based retailer lowered its revenue forecast but raised its profit […]