The following video is part of our "Motley Fool Conversations" series, in which chief technology officer Jeremy Phillips and senior technology analyst Eric Bleeker discuss topics across the investing world.
Best Buy just released same-store comps that declined more than 5% year over year, and investors... cheered? That's just another sad saga in the continuing decline of this once-proud electronics retailer. Eric and Jeremy discuss why Best Buy continues to look like a turnaround with no end in sight, except eventual bankruptcy. The company's model is put under more pressure than other retailers from e-commerce sales, it has compromised its store experience trying to chase opportunities, and it has few advantages over retail stores.
It's easy to see why Best Buy wants to get into mobile; it's become the greatest technology revolution ever! There will likely be three times as many smartphones and tablets sold as PCs in 2015. Yet while Best Buy has struggled breaking into this market, there's a world of opportunity. To help investors better profit form this trend, The Motley Fool has just released a free report on mobile called "The Next Trillion-Dollar Revolution" that details a hidden component play inside mobile phones that also is a leader in the exploding Chinese market. Inside the report, we not only describe why the mobile revolution will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.
At the time this article was published Eric Bleeker has no positions in the stocks mentioned above. Jeremy Phillips has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Amazon.com, and Best Buy. Motley Fool newsletter services recommend Amazon.com and Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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