BEST BUY

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Best Buy's profits squeezed by discounts

Best Buy Co's quarterly profit missed Wall Street estimates as bigger discounts during the key holiday selling season ate into profits at the world's largest electronics chain.

Best Buy's Quarterly Profit Squeezed by Discounts

A customer holds an armload of electronics as he waits to check out at a Best Buy store in Pineville, North Carolina
Best Buy Co's quarterly profit missed Wall Street estimates as bigger discounts during the holiday season squeezed margins at the world's largest electronics chain, and its shares fell 9 percent in premarket trading on Tuesday.
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Australia court lifts Samsung Galaxy Tab sales ban

An Australian court on Friday lifted a ban on the sale of Samsung Electronics' Galaxy tablet computer in the country, adding to a U.S. legal victory for the South Korean technology firm in its bruising battle with Apple Inc.
A salesman talks on his mobile phone as he walks past Samsung Electronics' LED television displays at an electronics store in Seoul April 29, 2011.

Samsung's November TV Sales Hit Record

Samsung Electronics Co, the world's top TV brand, said on Thursday its television sales hit a record 5.7 million units in November, helped by strong U.S. sales during the long Thanksgiving weekend.
Samsung Galaxy Tab 10.1

Australian Court Extends Samsung Galaxy Tab Sales Ban

An Australian court on Friday extended a ban on sales of Samsung Electronics' latest Galaxy tablet in the country by at least a week, further delaying the South Korean technology firm's attempt to sell the device to Christmas shoppers.
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Australia court extends Samsung Galaxy Tab sales ban

An Australian court on Friday extended a ban on sales of Samsung Electronics' latest Galaxy tablet in the country by at least a week, further delaying the South Korean technology firm's attempt to sell the device to Christmas shoppers.
Amazon Kindle Fire

Amazon May Take Down Apple iPhone With Smartphone Release

Recently, a top tech analyst predicted that Amazon is likely to release its own smartphone for under $200 next year. Citigroup analyst Mark Mahaney said in a research note that Amazon may sell the smartphone for as little as $170. Citing supply-chain channel checks in Asia, he said Amazon may release its first-ever smartphone by the fourth quarter of 2012.
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Samsung wins appeal on Galaxy tab ban in Australia

An Australian court on Wednesday reversed a ban on the sale of Samsung Electronics Co Ltd's Galaxy tablet computers in the country, handing it a rare victory against rival Apple Inc in the firms' intensifying global patent war.
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EU Regulator 'Concerned' over Cellphone Patents War

EU regulators investigating Apple Inc (AAPL.O) and Samsung Electronics (005930.KS) over their patents dispute are worried intellectual property rights may be unfairly used by some firms against their rivals, the EU antitrust chief said on Tuesday.
An attendee plays the PlayStation Move video game "Resistance 3" during the Electronic Entertainment Expo or E3 in Los Angeles

Video game deals to steal Black Friday spotlight

Retailers are saving some of their deepest discounts on Black Friday for video game products, with large chains Wal-Mart and Best Buy putting some rock-bottom prices tags on hot games to lure shoppers into stores.
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Wall Street falls on Italy worries

Stocks fell in choppy trade on Monday as political uncertainty in Italy fueled investor concern the euro zone debt crisis could engulf the bloc's third biggest economy.
Best Buy bags U.S. mobile venture, axes UK chain

Best Buy bags U.S. mobile venture, axes UK chain

The moves are the latest sign Best Buy is scaling back its overseas ambitions to focus on its main U.S. business, which faces stiff competition from discounters and online retailers. Earlier this year, the U.S. group dropped plans for Best Buy-branded stores in China and Turkey.
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EU Commission probes Samsung, Apple over patents

EU regulators are investigating whether Samsung Electronics Co Ltd and Apple Inc may have breached EU antitrust laws with patent infringement claims in their global legal battle over the lucrative smartphone and tablet market.
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RealD shares slump as Samsung exits 3D TV deal

RealD Inc's shares fell as much as 14 percent in extended trade after the licensor of 3D technologies said Samsung Electronics pulled out of an agreement to make television panels featuring the company's technology.

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