Amazon moves causes Best Buy to lose $1 billion in market cap overnight

Recode reports that Amazon has been hiring folks to provide in-home installations for electronics and smart home devices.  The operation is up and running in 7 markets so far. Smart home gadgets are selling, but Amazon reports higher than normal return rates, in part because they can be tough to set up the first time.  … Continue reading Amazon moves causes Best Buy to lose $1 billion in market cap overnight

A virtual explosion of internet-connected devices in homes

If you believe the new study from Parks Associates, there is a virtual explosion of connected devices going into consumer’s homes over the next few years. Analysts predict more than 442 million connected consumer devices will be sold in the U.S. in 2020. These sales totals include connected entertainment, mobile, health, and smart home devices. … Continue reading A virtual explosion of internet-connected devices in homes