![]()
- New ‘Call of Duty’ rakes in $310 million in 1 day
- Intel settles AMD claims but isn't off the hook
- 'Call of Duty' sells $310M in N Amer, UK in 24 hrs
- HP's 3Com takeover marks a shot at Cisco
- Applied Materials to cut 1,300 to 1,500 jobs
- Drug industry presses FDA to allow more online ads
- Watch concerts free online at BillboardLive.com
- Yahoo CEO pledges to boost profit margins
MOST SHARED
- Driving Health Care Innovation
- Downturn is Prime Time for Airport Infrastructure Projects
- Seeking Innovation in Health Care
- Cramer: 5 Earnings Reports to Watch Next Week
- Hedge Fund Billionaire Paulson Reports New Citi Stake
- Next Week’s Top IPO
- Has Twitter's Finest Hours (Seconds) Come and Gone?
- Microsoft's Bill Gates Praises Apple's Steve Jobs For 'Saving the Company'
- Gold Rises, Nears Record High as Dollar Drops
- Web Extra: Where Will The Next Bull Come From?
- Oil Next Week: What Traders Will Be Watching

- Hedge Fund Billionaire Paulson Reports New Citi Stake
- Cramer: 5 Earnings Reports to Watch Next Week
- Court Rejects 'Clawbacks' for Alleged Stanford Victims
- Tax Credit Sparking First-Time Home Sales: Realtors
- Investors Cut Back US Stocks for Bigger Growth Abroad
- Cities With the Most Home Price Reductions
- White House Plans to Freeze Spending to Cut Deficit
- This Year's Biggest Thanksgiving Leftover: Cash
- Oil Next Week: What Traders Will Be Watching
Best Buy will start selling the iPhone on Sept. 7, becoming first U.S. chain to do so outside of Apple's and AT&T's own stores.
Wednesday's announcement by Best Buy [BBY
Loading...
()
] expands the availability of Apple's [AAPL
Loading...
()
] vaunted phone to 970 full-size stores and 16 smaller Best Buy Mobile stores. It's also a coup for the Minneapolis-based chain, which has been upgrading its cell-phone departments.
"We had a lot of work to do, obviously, to get in a position where Apple and AT&T would feel good about Best Buy Mobile carrying it, and that's what we've done in the last 18 months," said Shawn Score, president of Best Buy Mobile.
Best Buy also resells Apple's Mac computers and iPod media players. Apple spokeswoman Natalie Kerris said the long-standing relationship between the companies was the reason Best Buy would now be able to sell the iPhone.
Last week, Best Buy announced it had completed a two-year conversion of its stores to include upgraded cell-phone departments under the Best Buy Mobile brand. It has upgraded its computer systems to handle cell-phone activation and spent 250,000 hours training its employees.
Score said Best Buy Mobile, which resells phone service under the carriers' brands, now has a 3.6 percent share of the cell-phone market, up from 2 percent last year. It is a joint venture with CarPhone Warehouse Group, which sells the iPhone in Britain and is Europe's largest cell-phone retailer.
In Europe, independent chains like CarPhone have a much stronger presence, while the U.S. market is dominated by the carriers' own stores. AT&T [T
Loading...
()
], the exclusive U.S. carrier for the iPhone, sells it in more than 2,000 stores. Apple has 189 U.S. stores.
Another major electronics chain, RadioShack [RSH
Loading...
()
], sells AT&T phones, but not the iPhone. AT&T spokesman Michael Coe said he could not speculate on whether the iPhone would be sold at other third-party retailers.
![]() |
Manuel Balce Ceneta |
"The smart phones are what people are heading for," Score said.
Apple launched the second generation of the iPhone on July 11. The two models cost $199 and $299 with two-year contracts.
- Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
- For the chief of cable company Comcast, growth has been about making deals – generally very large deals.
- Some companies may start using insurance to shift carbon risk from their balance sheets to maybe... yours?
- The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
- Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.
- A wealthy, distracted Texas driver crashed his million-dollar Bugatti Veyron sports car into a salt marsh, say police.













