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Best Buy's Tough Earnings May Lift Schulze's Hopes a Little

Best Buy's worse-than-expected second-quarter earnings may provide ballast for the company's founder and his hope to buy it back. But the results also raise the question of whether the struggling retailer has time to turn itself around, in public or in private.

 

Best Buy names CEO; founder still eying company

Hubert Joly

U.S. electronics chain Best Buy Co Inc named Hubert Joly, the former head of hospitality and travel company Carlson, as its new chief executive on Monday, hoping to tap the French businessman's acumen in turning around ailing businesses.

 

Apple sets record for company value at $623B

Apple

Apple is Wall Street's all-time MVP - that's Most Valuable Property. On Monday, Apple's surging stock propelled the company's value to $623 billion, the world's highest, ever. It beat the record for market capitalization set by Microsoft Corp. in the heady days of the Internet boom.

 

Apple's iPhone Is Now Worth More Than All Of Microsoft

iPhone

This is an entirely stunning statistic: Apple's iPhone sales are now worth more than all of Microsoft: One Apple product, something that didn’t exist five years ago, has higher sales than everything Microsoft has to offer.

 

iPad mini to look more like iPhone than iPad: reports

Apple's rumored iPad mini with a 7.85-inch screen will look more like an iPhone than its larger-sized sibling iPad, according to various reports.

 

Samsung's Manhattan Project Could Blow Away Apple's iPad

Samsung Tablet

A nugget from the trial is Samsung’s tablet roadmap. The roadmap shows a tablet code named P10. P10 apparently is an 11.8 inch tablet that outdoes Apple’s retina display. The P10 supposedly has a pixel density of 256 ppi and a resolution of 2560 x 1600 (WQXGA). The tablet also seems to provide LTE connectivity.

 

Retailers to launch mobile app for payments

A bevy of big-name retailers including Wal-Mart Stores Inc., Best-Buy Co. and Target Corp., are teaming up to create a company that will give customers another way to make purchases: with their cellphones.

 

Internet buzzes with iPhone 5 release date

iPhone

More details about the presumably imminent release of the next iPhone have emerged, if the typically anonymous spate of Internet sources are to be believed.

 

At trial, it's Samsung's turn to say Apple copied

A Samsung Electronics Co Ltd expert witness testified on Tuesday that Apple Inc's iPhone and iPad violate three of Samsung's patents, as the South Korean electronics company went on offense in the third week of a high stakes trial.

 

Windows RT Tablet Prices and Release Dates Inferred

Microsoft Surface

Microsoft (NASDAQ:MSFT) hints at Windows RT tablet prices and their release dates. Another one of Redmond's mammoth blog posts is getting the reading-between-the-lines-analysis treatment today, as the company announces more details of Windows 8-on-ARM PCs.

 

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