Best Buy Profits From Demand for Connectivity

Despite the tough economy, Best Buy says its fourth-quarter numbers came in at the high end of its expectations — results its CEO says prove that consumers place a premium on technology and connectivity. Strong sales of laptops and TVs demonstrate that "staying connected has become non-negotiable — people have little or no tolerance of things that are not working the way they should," Brian Dunn, CEO of Best Buy, told investors on a conference call.