Apple has everything to gain with Best Buy partnership


With the hotter-than-hot consumer electronics company Apple, Inc. (NASDAQ:AAPL)joining forces with the largest consumer electronics chain in the U.S., is the picture going to be all roses? Most likely, it will. As Georges wrote on a day ago, Apple products are about to explode inside Best Buy (NYSE:BBY) stores across the U.S., as the iPod maker will be opening miniature versions of its successful Apple stores inside the big box retailer. IN 1998, Best Buy abandoned Apple based on low demand and low profits. But, times have changed drastically since then.

Apple is a hot commodity right now, as its consumer electronics products and even its Mac PCs and laptops being the envy of all the markets where they compete. With the style and panache Apple products have right now, it's easy to see that many retailers want to join up with the Cupertino, California company.

Some think that Apple's brand will be diluted be entering into too many mass merchants, but the company knows this. A "mini Apple store" inside a mass merchant that has foot traffic numbers any retailer would crave and most likely cannot go wrong.

Is this bad news for Dell(NASDAQ:DELL)? Sure it is. Best Buy's largest PC movers are Hewlett-Packard(NYSE:HPQ) and Gateway (NYSE:GTW) systems. Add Apple into that mix and Dell becomes even more irrelevant in the age where customers are bored buying systems online and want to have the "touch and feel" experience of retail along with excellent design. Newer HP systems have been designed very well and there's no question about Apple's styling. What will Ron Garriques do to combat that? We're waiting.

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 13, 2012: 02:57 AM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

    BioHealth Investor Headlines

    WalletPop Headlines

    DailyFinance BlackBerry App

    My Portfolios

    Track your stocks here!

    Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

    BloggingStocks Partners

    More from AOL Money & Finance

    BioHealth Investor Headlines

    Page Loaded in 1329119879212 ms.