Fourth quarter same store sales inched up 0.9% at Best Buy and profits were better than expected as the company fared better during the holiday season than many thought.
Amazon.com announced that its Amazon Cloud Player app for iPad and the iPad mini is now available in the Apple App Store.
Best Buy Co. announced it is cutting 400 jobs at its headquarters as part of its “Renew Blue” transformation efforts.
Consumer confidence in the overall economy and sentiment toward technology both fell again in February, according to the latest figures released by the Consumer Electronics Association.
Comps were down 7% at RadioShack for the fourth quarter, driven by a decline in the mobility and consumer electronics platforms.
Barnes & Noble founder and chairman, Leonard Riggio, has notified the company's board of directors of his intentions to purchase the company's retail business.
The Lenovo ThinkPad T430s topped TopTen USA's list for energy-efficiency.
Toy maker Jakks Pacific reported that net sales for the fourth quarter of 2012 were $133.5 million, compared with $141.1 million reported in the comparable period in 2011.
Amazon.com has launched the Entertainment Collectibles Store (amazon.com/entertainmentcollectibles) which offers more than 350,000 unique and rare collectibles, including memorabilia from Academy Award and Grammy winning artists and honorees.