Amazon game sales....AWESOME!

[taggart6]

It's really weird to see what's happening right now. Best Buy is on life support, but Amazon isn't doing that well either. Their margins were never amazing, and the growth of their retail business isn't booming.

There's this company, I believe in Japan, that has a store in a subway terminal where every item has a QR code and you go into the store and "buy things" by snapping a picture of the item. You don't walk out with the item, instead they deliver it to your home.

For a while now this is kind of what's been happening with Best Buy and Amazon. People walk into Best Buy, see the product in person, then go home and buy it on Amazon. The Amazon app for iOS, BB and Android even lets you snap a picture of the UPC and order it on the spot.

It be pretty sweet if Amazon had stores for this explicit purpose, at least with high value items. Might help with margins too.

If Best Buy can penetrate the Chinese market then I expect for them to be around for a another couple of years as they ride the growing Chinese middle class wave. Chinese prefer to view personally and purchase things in store because of the knock-off issues and there consumption of electronics is growing.