Smart Home Stocks Compile 29% Gains in 2019
50 public companies engaged in the smart home industry average a stock price increase of 29% in 2019. UEI, Napco Security are biggest winners.
Jason Knott · January 02, 2020
Best Buy
All In Best Buy
Best Buy Hits 2M+ Total Tech Support Subscribers
Best Buy stock surges on growth in Services sector driven by Geek Squad Total Tech Support. New ‘Total Tech Support with Networking’ package to launch.
Jason Knott · November 26, 2019
Best Buy Learns ‘Ton of Surprises’ from Total Tech Support Clients
Best Buy’s Q1 revenues for fiscal year 2020 rise 1.1% despite effect of tariffs. Total Tech Support program offers better understanding of customer behavior.
Jason Knott · May 24, 2019
What Integrators Can Learn From Best Buy
The big-box retailer’s turnaround is rooted in retooling the customer experience. Companies serving higher-end clientele can take cues from how Best Buy created 15x multiple on tech support recurring revenue.
Joseph Kolchinsky · May 21, 2019
2019 CE Pro 100: Top Home-Tech Installation Firms Up RMR, Predict 13% Growth
The 20th annual CE Pro 100 list of the highest-revenue custom installation companies reports $2.02 billion in custom revenues, plus 13% growth predicted for 2019.
Jason Knott · May 01, 2019
Best Buy Appoints New CEO, President, and Executive Chairman
Best Buy has announced Corie Barry as its new CEO, Mike Mohan as president and COO, and Hubert Joly as executive chairman of the board.
CE Pro Editors · April 15, 2019
Smart Home, Consumer Electronics Stock Prices Tank in 2018
Stock prices for public companies in the smart home, consumer electronics, IoT and custom integration markets drop 19% on average in 2018. Sonos, ADT IPOs skid downward.
Jason Knott · January 02, 2019
Top 2018 Home Tech Mergers & Acquisitions: IoT, Security, Smart Home, A/V, CE
2018 was big for mergers, acquisitions, IPOs, spinoffs, and other transactions in home electronics, including IoT, smart home, lighting, security, audio/video, wellness and the installer channel.
Julie Jacobson · December 31, 2018
Best Buy to Focus on Total Tech Support as ‘Giftable’ Holiday Item
Best Buy reports strong Q3 revenues and ups forecasts for 2019. In-Home Advisors and Total Tech Support programs will spur growth.
Jason Knott · November 21, 2018
Best Buy and Vivint Part Ways, Will No Longer Sell Co-Branded Smart Home Products
Best Buy and Vivint have decided to stop selling the ‘Best Buy Smart Home by Vivint’ line of products, according to a recent quarterly earnings report.
CE Pro Editors · August 29, 2018
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