With first-quarter earnings better than expected, could Best Buy be a best buy in the future?
On today's Investor Beat, host Chris Hill and Motley Fool analyst Tim Hanson explore Best Buy's latest earning reports. Chris notes that, while earnings were better than expected, revenues fell for the ninth straight quarter. Tim doesn't see Best Buy turning around with these figures and explains instead that the numbers reflect the company's structural weakness, as it doesn't have exclusive products, nor does it compete on anything besides price. Unless Best Buy focuses on a service-oriented model or finds exclusive products, Chris doesn't see the company getting any new traffic, despite beating their very low expectations.
Leaked: Apple's next smart device (warning -- it may shock you)
Apple recently recruited a secret-development Dream Team to guarantee that its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are even claiming thatits everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts that 485 million of these type of devices will be sold per year. But one small company makes this gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and to see Apple's newest smart gizmo, just click here!