Tuesday, June 19, 2007

Best Buy Q1 falls 18 percent

Best Buy 1st-quarter profit falls (AP)

Steven Rissi, left, store supervisor, makes a television sale to Connie Davis, middle, and Gene Davis, right, of Casa Grande, Ariz., at the Ahwatukee Best Buy retail store in this April 4, 2007 file photo in Phoenix, Ariz. Electronics retailer Best Buy Co. on Tuesday, June 19, 2007 said first-quarter earnings fell 18 percent, hurt by weak profits in China and increased sales of lower-margin products such as notebook computers. (AP Photo/Ross D. Franklin, file)AP - Electronics retailer Best Buy Co. on Tuesday said first-quarter earnings fell 18 percent, hurt by weak profits in China and increased sales of lower-margin products such as notebook computers.


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