Best Buy's stock jumps thanks to Google Glass rumor
Soon, Best Buy shoppers might have the opportunity to be like Bachmann.
Here's news Michele Bachmann can be excited about.
Best Buy's stock rose by four percent yesterday after a tech blogger wrote about an "interesting rumor" he heard -- Best Buy will devote in-store space to $1,500-a-piece Google Glass(es) next year.
Who knew investors were so excited about the damned things?
Here's what tech blogger Robert Scoble had to say about the rumor on, of all places, Google+:
I just heard an interesting rumor. Supposedly Google is renting 6,000 square feet inside every Best Buy next year. Why? My source says it's to sell Google Glass...
This makes sense, since you really need to try Glass before buying it to see if it's for you and you also need to have it fitted to your face (and, if you are like me and need prescription lenses you'll need all that taken care of too before you can order yours).
As the Pioneer Press reports, this year alone, Best Buy has unveiled store-within-a-store partnerships with Samsung and Microsoft, and the company already had one in place with Apple.
Best Buy's impressive Thursday builds on what has been a remarkable year for the company. In fact, Best Buy's stock has been one of the best performing on the S&P 500 so far in 2013, a development which prompted Time to proclaim last month that the company is back from the dead.
-- Follow Aaron Rupar on Twitter at @atrupar. Got a tip? Drop him a line at email@example.com.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss City Pages' biggest stories.