Analysts say cloud services could help Best Buy take a greater share of sales in the fast-growing e-commerce sector.
Total annual e-commerce sales
2011$161.5 billion
2010$142.5 billion
2009$129.8 billion
2008$130.1 billion
2007$123.5 billion
Source: ComScore
Cloud technology allows users to access digital content on a variety of devices including laptops, televisions, smartphones and tablets. Sales of PCs and TVs have fallen in recent years as more consumers embrace mobile devices.
2011 sales2010 sales
PCs19.3 percent19.8 percent
TVs13.8 percent15 percent
Tablets/e-readers10.7 percent5.1 percent
Mobile phones8.5 percent8.2 percent
Source: NPD Group
The Minnesota medtech giant plans to appeal the verdict. A California jury ruled that Medtronic’s bundling practices created unfair competition.
