Dealerscope News Collection

Sony's VR Product Coming in 2016
March 4, 2015

Sony has unveiled a new prototype of its "Project Morpheus" virtual reality headset, known as "Project Morpheus," and has announced that it will arrive in the first half of 2016.

Best Buy Profit Jumps to $519 Million
March 4, 2015

Best Buy Tuesday reported a quarterly profit of $519 million, compared with $293 million the same time the year before. Best Buy also announced a capital return to shareholders, of $180 million in a one-time dividend, an increase to quarterly dividends and resumption of share repurchases.

3 Retailer Benefits to Offering In-Store Electronics Trade-In
March 4, 2015

Driving in-store traffic and sales in a hyper-competitive world is one of the biggest challenges facing brick-and-mortar retailers today. The prevalence of online shopping and showrooming has especially affected retailers who sell consumer electronics. With so many choices, both online and in-store, savvy consumers have plenty of choice when shopping around to purchase the latest consumer electronics.

Target Eyes Job Cuts
March 4, 2015


Target is planning a restructuring that it will include cutting of "several thousand" jobs, according to multiple media reports Tuesday.

A Correction
March 4, 2015

In the January issue of Dealerscope and the January/February issue of Technology Integrator, a paragraph about the 2015 CE Week in the Letter from the President published in both issues referenced, in error, the Consumer Electronics Association CEA ® Line Shows and a CEA ® state-of-the-industry analyst briefing as part of the CE Week mid-year conference and technology showcase. CEA ® is no longer associated with or affiliated with the production of CE Week, which in 2015 is being produced solely by NAPCO Media & MPA.

9 Million Now Using Connected TV
March 3, 2015

As of the end of last year, 22 million TVs in the U.S. were connected TV, a sharp increase from 13 million at the same time the year before. And that figure is expected to rise to 47 million by 2017.