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Best Buy stock doesn't look like it has much downside. Sales have already crashed, and the PC market has bottomed out. However, there's a significant upside if AI PCs trigger an upgrade cycle.
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Looking forward, Best Buy lowered its fiscal guidance for the 12 months ending in January 2024. Revenue for the year is now expected to come in between $43.1 billion and $43.7 billion, compared to ...
MP3 CD/DVD players: Portable CD players that can decode and play MP3 audio files stored on CDs. Such players were typically a less expensive alternative than either the hard drive or flash-based players when the first units of these were released. The blank CD-R media they use is inexpensive.
The SanDisk SDMX1 series (including the SDMX1-1024, −512, and −256—reflecting capacity in MB), also known as the SanDisk Digital Audio Player, is a low-end solid state memory MP3 player. It was SanDisk's first personal media player, and the only one of its time not to be sold under the Sansa brand. It supports MP3, WMA, and DRM -protected ...
A Goldman Sachs analyst explains the bank's Sell rating on shares of Best Buy.
Best Buy. [ 1] Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983. Best ...