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Old Jan 4, 2013, 01:17 PM   #176
Tiptizzle
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Originally Posted by apfeljonas View Post
Hmm, I don't see them bleeding cash...

http://www.wikinvest.com/stock/Best_...come_Statement
Your link shows a net loss in income over that period? Isn't that bleeding cash?
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Old Jan 4, 2013, 01:22 PM   #177
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Originally Posted by Wicked1 View Post
They won't have to, BB is bleeding cash and losing customers every month now.

The founder is trying to buy the company and go private but the board thinks BB is worth a lot more, so as BB bleeds and becomes devalued, the founder is getting the company cheaper by the month, however they can not compete with Amazon and Apple directly. I have never heard one good Geek Squad story, and I warn people not to get it.

They have become a showcase for people to look and see the products and then buy them online or somewhere else cheaper.
Then they should change their company name to 'Best Browse'
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Old Jan 4, 2013, 01:35 PM   #178
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Originally Posted by samcraig View Post
As if Best Buy never advertises items for sale they only have 1-2 of?

Oh please. And Best Buy decided to price match during the holidays with their new policy. No one forced them to.

Maybe if Best Buy provided superior customer service people would still buy there.

As for Toys R Us - they are a complete mess. They should worry more about their infrastructure, customer service and empowering their employees vs a sale on iPhones.
Absolutley. Best Buy refused to match their own online price for a TV until I called in and reserved the it myself.

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Originally Posted by Mrg02d View Post
Alot of hurt butts in here sound a bit communist.
?

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Originally Posted by bretm View Post
I'd like to hear of just one person that got an iPhone 5 for $127. I'm sure there is, but other than here, I didn't hear of anyone I knew getting it. It wasn't the talk of the season, etc. Why? Because they didn't exist.
I know lots of people that did get them for $127
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Old Jan 4, 2013, 01:37 PM   #179
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Originally Posted by bretm View Post
I'd like to hear of just one person that got an iPhone 5 for $127. I'm sure there is, but other than here, I didn't hear of anyone I knew getting it. It wasn't the talk of the season, etc. Why? Because they didn't exist.
My best friend got a 16 gig model for $127, a couple other friends and colleagues got various models. My Moms friend also got a white 16 gig 5 for $127.
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Old Jan 4, 2013, 01:38 PM   #180
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Originally Posted by uk_blaster View Post
While I see nothing wrong with Wal-mart's advertising, I've got to say I was disappointed when I went to Wal-mart a few days before Christmas intending to buy both 16 gig and a 32 gig iPhone 5's and being told that Wal-Mart only carries the 16 gig model.

While it's probably something to do with policy of who can sell what products, if you're going to carry iPhones, maybe try carrying them all?
Or you can call or check the fine print. I am guess thtat it must have been listed somewhere.
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Old Jan 4, 2013, 01:44 PM   #181
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$65k loss in profits, not overall.

I personally got one from BB for $100, %50 Phone Freedom Offer and then when they reduced the price to $150, I just price matched it for another $50 reduction.

They need to keep their own promotions in check to make sure they aren't losing too much money either.
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Old Jan 4, 2013, 02:00 PM   #182
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Originally Posted by ouimetnick View Post
awww Poor Best Buy

NOT

Bunch of clueless goof balls run Best Buy. Trying to sell Monster cables and Bose junk. And their extended warrantee.

The sales reps have no idea what they are actually talking about, and considering their geek squad is run by idiots, I don't like BB.
Don't worry, they'll be out of business soon.
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Old Jan 4, 2013, 02:15 PM   #183
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Originally Posted by gmanist1000 View Post
Don't worry, they'll be out of business soon.
+1 I agree.

Best Buy is going down, and crying like a baby while doing so.
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Old Jan 4, 2013, 02:23 PM   #184
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Originally Posted by mysticbluebmw View Post
That.
The other thing.

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Quote:
Originally Posted by 1080p View Post
Image

This is Apple's #1 demographic at Walmart!
Yep. 5 people in that picture. One looks weird. He *must* be the #1 demographic.
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Old Jan 4, 2013, 02:28 PM   #185
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"This is a special Walmart promotion and we are unable to match the price on that offer."

I think that would have done the trick.
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Old Jan 4, 2013, 02:29 PM   #186
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Woo Woo Woo

Way to go, "Best Cry".

Cue the Samsung Commercial in 3..2..1
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Old Jan 4, 2013, 02:29 PM   #187
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Originally Posted by tgara View Post
Goodie for you, but many other people do not have that luxury.

I happen to like Walmart a lot, and shop there regularly. In my view, they sell good products at low prices to people who are trying to stretch a dollar in this lousy economy, and today that's nearly everyone. There may be an instance or two of "sharp business practices", but by and large, their volume buying power allows them to provide lower prices to their customers.

Walmart also provides many good jobs to the local community. I never understood people who protest a new Walmart store being opened. Despite the demagougary by some, there are always many more applicants than positions available at Walmart. The jobs they provide pay decent wages, health benefits, and even have college savings plans. Not a bad gig if you've got a family, especially with unemployment figures just listed today at 7.8% overall and over 11% for those aged 18-29.
Walmart does not create jobs.
WHen a Walmart goes up, the service is currently being provided by other means. THose other jobs pay more and typically have benefits.

Walmart rarely provides benefits for anything other than management. They systematically make sure most (80% or more) of their workers never cross the threshold to become benefit eligible. They have numerous wage claims in just about every state that they operate in.

The economy is bad so they get applicants. But when they put a Safeway, or some other grocery store out of business, do you honestly think Walmart has done the area a service?

Walmart, is a crap company, with crap policies, and they sneak by with some of the most unethical business practices.

I'll shop at Walmart only under extreme conditions.
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Old Jan 4, 2013, 02:32 PM   #188
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Originally Posted by AFDoc View Post
Sounds like a bunch of whining to me.
Sounds like a company that got the idea, from the competitor with the fruity logo
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Old Jan 4, 2013, 02:35 PM   #189
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Originally Posted by shenan1982 View Post
+1 I agree.

Best Buy is going down, and crying like a baby while doing so.
The hate unleashed here onto Best Buy is in general hate towards the way the electronics industry used to and still does business.

Like car salesmen of the past they could not be trusted and many times took advantage of consumers. (Still do of the uninformed)

With the internet and Amazon their antics and overpricing became transparent
and they (so far) did not adjust.

About two times a year I go into a best buy to check things or get a quick adapter or so, but nothing ever changes. (In adapters they are actually good, because they have older stuff around that is hard to find and even at close out pricing LOL)

Most of the time I leave without a purchase, as I have researched what I want beforehand. My guess is most consumers do now , so we typically know more than their sales people.

Just a frustrating visit and a store nobody needs.

Put a fork in it, done!

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Quote:
Originally Posted by techwhiz View Post
Walmart does not create jobs.
WHen a Walmart goes up, the service is currently being provided by other means. THose other jobs pay more and typically have benefits.

Walmart rarely provides benefits for anything other than management. They systematically make sure most (80% or more) of their workers never cross the threshold to become benefit eligible. They have numerous wage claims in just about every state that they operate in.

The economy is bad so they get applicants. But when they put a Safeway, or some other grocery store out of business, do you honestly think Walmart has done the area a service?

Walmart, is a crap company, with crap policies, and they sneak by with some of the most unethical business practices.

I'll shop at Walmart only under extreme conditions.
You are in the minority as their sales prove.

$$$$ that's how the public votes.

Now, if they'd spend some money to hire enough cashiers, so one can get out in a reasonable time, that be gravy.
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Old Jan 4, 2013, 02:38 PM   #190
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Originally Posted by haydn! View Post
To make sure I'm reading this right...

Best Buy complained because a competitor sold a product at a lower price? Which they felt forced them to offer it at the same lower price, leading them to loose money?

1. It's called competition,
2. Nobody forced Best Buy to drop their price. Some customers may have still chosen them over Walmart through brand preference/convenience of location,
3. No-wonder they failed so miserably in the UK if this is their response to a bit of friendly computation.
The idea is that Walmart claimed a low price but actually had few iPhones in stock, causing Best Buy to have to match the price and get screwed while Walmart really didn't have the sale it advertised.

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Originally Posted by saud0488 View Post
Gimmicks? If they're okay with losing money to bring people into their stores, who's to stop them? So much whining
Read the article. It's not just about the price drop. If it was just Walmart making its prices low, that wouldn't be a gimmick.
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Old Jan 4, 2013, 02:39 PM   #191
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Originally Posted by techwhiz View Post
Walmart does not create jobs.
WHen a Walmart goes up, the service is currently being provided by other means. THose other jobs pay more and typically have benefits.

Walmart rarely provides benefits for anything other than management. They systematically make sure most (80% or more) of their workers never cross the threshold to become benefit eligible. They have numerous wage claims in just about every state that they operate in.

The economy is bad so they get applicants. But when they put a Safeway, or some other grocery store out of business, do you honestly think Walmart has done the area a service?

Walmart, is a crap company, with crap policies, and they sneak by with some of the most unethical business practices.

I'll shop at Walmart only under extreme conditions.
But you still shop there.
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Old Jan 4, 2013, 02:40 PM   #192
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Originally Posted by londonhogfan View Post
I'll never buy a product from a company that supports making products overseas just to save money...

That's why my iPhone, iPad Mini, apple TV, and iMac were all made in the US of A.

Image
So you mean you never buy a product that was made outside of North or South America? Cause Apple is a company that makes its products in China, Taiwan, and I think Denmark. Also, do you happen to own an "American" car like a Chevy?
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Old Jan 4, 2013, 02:41 PM   #193
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I honestly would not be saddened to see best buy shut down. I have never been able to get best buy to price match apple products. They always insist that apple tells them they cant.

Funny thing is when I printed out a copy of their match policy that shows no apple exclusion they still wouldn't match pricing.

Most of their employees really are friendly but don't know anything and if your selling items to the public you should have advanced knowledge of those products

Last edited by JediZenMaster; Jan 4, 2013 at 02:46 PM.
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Old Jan 4, 2013, 02:44 PM   #194
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Originally Posted by techwhiz View Post
Walmart does not create jobs.
WHen a Walmart goes up, the service is currently being provided by other means. THose other jobs pay more and typically have benefits.

Walmart rarely provides benefits for anything other than management. They systematically make sure most (80% or more) of their workers never cross the threshold to become benefit eligible. They have numerous wage claims in just about every state that they operate in.

The economy is bad so they get applicants. But when they put a Safeway, or some other grocery store out of business, do you honestly think Walmart has done the area a service?

Walmart, is a crap company, with crap policies, and they sneak by with some of the most unethical business practices.

I'll shop at Walmart only under extreme conditions.
I agree. It sucks. Also, most of the stuff you buy there ends up being a ripoff when you get home and see it all fall apart.

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It seems like 95% of MacRumors users hate any company that sues for any reason without even reading why they're suing.
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Old Jan 4, 2013, 02:47 PM   #195
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Price Fixing

I thought Apple required their products to be sold at a set price and never discounted without permission from apple.

I've always liked this strategy, because despite never being able to save money, i never had to worry about where i was going to find the best deal.

Also, I like best buy. Where else are you going to go to see a vast assortment of products in person before you buy? (even if you don't buy it from them)
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Old Jan 4, 2013, 02:48 PM   #196
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How do these guys even sell them cheaper than Apple???? Is there some drawback? Do you still get the same Apple support? Because if it's all the same, there's no point of buying from Apple.

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Originally Posted by osaga View Post
Also, I like best buy. Where else are you going to go to see a vast assortment of products in person before you buy? (even if you don't buy it from them)
Best Buy isn't bad, but sometimes, they're expensive. Buying cables from them is a very bad idea. I'd shop there to get something big like a TV and get small stuff from eBay.

Last edited by Morshu9001; Jan 4, 2013 at 03:01 PM.
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Old Jan 4, 2013, 02:54 PM   #197
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Originally Posted by Thunderhawks View Post
You are in the minority as their sales prove.

$$$$ that's how the public votes.

Now, if they'd spend some money to hire enough cashiers, so one can get out in a reasonable time, that be gravy.
Basing fact on whether the majority agrees is rather illogical. The majority does not equate to being "right". History has proven this many times, that the general majority may approve of X factor while Y factor may be actually correct. This all amounts to being ill informed or having little choice. In this instance, Consumer A shops at Walmart because there are few alternatives for a B&M store in their area, or they may not be fully informed of the effects their long term consumer practices may have.

What I find shocking is the amount of people cheering for BestBuy to fold. It was not too long ago that other electronics B&M stores folded - CompUSA, CircuitCity - leaving BestBuy as the only national chain left in this domain (aside from Fry's and others who are not as national as BestBuy). If BestBuy folds, this equates to less competition and more market dominance by one corporate entity. That means even LESS choice for consumers, and the good chance Walmart will raise their prices on goods they are the prime supplier of in X market.

Instead of praising Walmart for shutting down another competitor, why not write to BestBuy or support another business that may need help. More competition is better for us, the consumers. Less competition + market dominance = monopoly of goods and services, which almost always leads to higher prices. Think before cheering on another B&M store filing Chapter 11, it's not doing you or anyone a service.

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Originally Posted by Morshu9001 View Post
So you mean you never buy a product that was made outside of North or South America? Cause Apple is a company that makes its products in China, Taiwan, and I think Denmark. Also, do you happen to own an "American" car like a Chevy?
That was his point, he was being sarcastic as most people on MacRumors making those claims own products made - in China.
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Old Jan 4, 2013, 02:55 PM   #198
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To be honest. Walmart really sucks when it comes to advertising. I honestly hate Best Buy because most of the people that work there are morons, but when you need something fast, they always have it.

For example. I was looking to get an iPhone 5 for somebody. We went to several Walmart locations and they were all out of stock. Some stores said they have been out of stock for weeks and the next shipment may not be for a other 3 weeks. I went to best but and there was a long line but they had plenty of stock.
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Old Jan 4, 2013, 02:57 PM   #199
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The Best Buy by me - the people are really helpful and smart. Most are young adult part-timers that go to the local junior colleges and colleges in the area.

Will be too bad if BB goes under for them.

But really, I remember when ours opened, all the really cool long-time local Hi-Fi/Home Entertainment stores went out-of-business...
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Old Jan 4, 2013, 02:59 PM   #200
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Walmart didn't have sufficient inventory though, since I had to call around to multiple Walmarts and majority of them were both out of stock, and only carrier either AT&T or Verizon, but not both carriers. Best Buy seems to always have inventory.
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