Best Buy cuts '08 EPS outlook, shares fall

I agree totally with Jeff's assessment and it is right on target.  With Circuit City not knowing which direction to go in, it clearly puts Best Buy as the industry leader in consumer electronics. Walmart should gain market share as they fine tune their stores. Wholesalers will compete with one another on price and see who can give the biggest rebates.

BestBuy is still the clear hands down leader in the consumer electronics segment. They continue to show positive comps year after year, as well as staying focused on their need to be on the cutting edge of technological advances.

Best Buy are right to try and truly differentsaite themselves by offering end to end solutions to the consumer. The success story in the U.K is the small consumer electronics retail store that offers great service and then bolts on a website that has access to this in house expertise re qualifying needs and advising on the install and so as to overcome the resistance to purchase. By...

-          Best Buy’s (BBY) initiative to facilitate the customers need for their consumer electronic needs with their “end to end” solution differentiates them from their major competitors and the big box stores in the CE sector.