It is unfortunately safe to say that Best Buy has seen better days. Announcing their plan to let go of 400 employees from their headquarters on Tuesday, the big blue electronics supplier released another bit of bad news on Friday — their earnings for the 2012 fourth quarter. According to an official release, Best Buy announced a net loss of $377 million on revenues of $16.7 billion in Q4, against an analyst expectation of $16.29 billion. CEO Hubert Joly commented on the profit decrease, stating that domestic sales offset the company’s failures overseas. However, cutting expenses with job cuts helped to narrow the Q4 losses towards the end of the quarter. Its loss totaled something like $409 million or $1.21 per BBT share for three months before February, compared to a loss o $1.82 billion or $5.17 per share the year prior.
There may come a time when 4K might become the default standard for our video viewing, but before that happens there will need to be a lot of infrastructure changes. The DCI standard must be used throughout the entire production and delivery chain, and finally the consumer must accept this new resolution.
Digital Signage Expo is the world's largest international tradeshow dedicated to interactive display technology, digital signage, and digital out-of-home networks. It's a great way to discover technology that will draw attention to your business, increase sales, generate buzz, help save on overhead, and improve interactions with your customers.
Do you ever wonder why home automation has been around since the 18 hundreds… and its adoption by the general population has failed dismally?
In Technology Leadership, the Big Dogs Play for Keeps
Parks Associates announced today that 78% of U.S. broadband households had a home network router in 2012, up from 54% in 2009, with adoption reaching 95% by 2016.
Panasonic Announces Immediate Availability of New SOLID SHINE™ Series LED/Laser Light Source Projectors
The World's First 1080p Lamp-Free Professional Projectors with Digital Link Technology Delivers up to 20,000 Hours of Virtually Maintenance-Free 24/7 Operation
New Distribution Agreement Focuses on Interactive Digital Signage Applications
Planar's new Ultra HD resolution displays are uniquely designed to help professionals across industries reap value from high-resolution information
SensyTouch Launches New Pedestal Multi-Touch Display System at DSE in Las Vegas Feb. 27 to Feb. 28 2013
SensyTouch unveils a new floor-standing pedestal multi-touch system with increased accessibility through ergonomic design.
New four-card platform captures and displays up to 16 HD inputs across 16 HD outputs for digital signage, control room, and other applications
Integrated, open-source platform is designed to simplify the digital signage deployment process and enable dynamic, cost-efficient message delivery
Len Wallis, CEDIA Asia Pacific chairman immediately announced the appointment of Clare Ward as the incoming executive director for the region effective 1 March 2013.
Vizio Wins 'Top 10' Award And Seven Stevie Awards At The 7th Annual Stevie Awards For Sales & Customer Service
Renowned international competition recognizes VIZIO's Customer Service Team with Top 10 achievement for best body of work overall.
The inspiration for EPST - and subsequent creation of MPS and the co-operation with projectiondesign - came about when Dick's own son was about to begin his pilot cadetship.
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Automation & Control - Featured Product
The GP565 Smart Home RF chip for remote controls supports voice control, motion sensing and the new ZRC 2.0 protocol. The GP565 is optimized for advanced & low cost ZigBee RF4CE remote controls. • 120k or 248k Flash (8k or 16k RAM) memory • 40-pin footprint to support a keyboard scanner interface or other IO interfaces required for remote controls. • Reduced current consumption and improved receiver sensitivity and output power • Patented Antenna Diversity technology enables superior range and WiFi/Bluetooth interference rejection