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Best Buy Co., Inc. Message Board

  • profit_guy profit_guy Nov 22, 2012 10:42 AM Flag

    BBY vs. AMZN pricing.

    Even if prices are close, BBY still loses because they have much higher overhead. Here are some examples: AMZN and BBY each have $50B in total revenue (obviously AMZN's is not all electronics), but AMZN has 69,000 employees, BBY has 167,000 employees. BBY also has much higher lease costs, with the average lease being 8 years. AMZN only charges taxes in 8 states - the 9th won't come onstream until mid 2013. AMZN has $5B in cash, BBY has $309M. Then there's COST, WMT, TGT, etc. No potential buyer wants to inherit those problems; it's all smoke and mirrors. BBY is finished.

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BBY
29.73-1.18(-3.82%)Jul 31 4:02 PMEDT

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