Best Buy: TVs, consoles, tablets sell big on Black Friday

Best Buy in Burbank, Calif., draws 1,500 shoppers at midnight. They scoop up Microsoft XBox, e-readers, printers, laptops, and tablets, suggesting a 25 percent boost in annual sales for this Best Buy.

By , CNBC Correspondent

  • close
    Customers shop at a Best Buy store in Burbank, Calif., Nov. 25, 2011. With its doors open at midnight for Black Friday, the store sold loads of e-readers, laptops, and tablet computers. Its top seller: Microsoft XBox 360.
    View Caption

I've spent the day — and last night — at the Best Buy in Burbank, Calif.

Door buster deals on giant flat screens — like a 42 inch Sharp TV for $199 drew about 1,500 people to line up for the store's midnight opening.

Of the two dozen people I talked to, everyone said they planned to spend more this year than last year: some said they were feeling better about the economy, others said the discounts were just too deep to pass up.

Recommended: Cable TV alternatives: Chromecast vs. Apple TV vs. Roku vs. Xbox 360 vs. PS3

 Though TVs were certainly a hot seller, a wide variety of items crowded shoppers' carts.

The store told us the single best selling item was a $199 Microsoft XBox 360 — it's sold nearly 300 of the consoles so far and they're still going fast. But e-readers, printers, and low-price laptops were also flying off shelves.

For many, Best Buy is one-stop holiday shopping, which could bode well for the chain. This year, sales at electronics specialty retailers are expected to grow 6 percent from last year. MasterCard Spending Pulse's Michael Mcnamara says that electronics are actually taking share away from traditional gift sectors.

One of the hottest new items is the tablet. The Asus Android tablet was on sale for $179. There were tons of Kindles on sale at Best Buy and Amazon said the Kindle Fire was its top-selling item today. But despite this competition and the fact that there are no discounts on Apple products, the iPad 2 is still expected to lock in 62 percent of the market share in its category during the holiday season.

 Thanksgiving Day online sales were up 39%. We'll see whether that cannibalizes in-store sales or whether it means people are just shopping more, and earlier this year.

 This particular Best Buy expects a 25% increase in sales over last year. If it hits those numbers that could mean their midnight opening would become an annual tradition.

Share this story:

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

eZ debug

Clear cache:

Quick settings:

Timing: Jul 09 2014 07:33:38
Script start
Timing: Jul 09 2014 07:33:38
Module start 'content'
Timing: Jul 09 2014 07:33:38
Module end 'content'
Timing: Jul 09 2014 07:33:38
Before parse_includes
Strict: PHP: E_STRICT Jul 09 2014 07:33:38
Non-static method MugoViewExtras::get_view_extras() should not be called statically, assuming $this from incompatible context in /var/www/www.csmonitor.com/extension/mugo_view_extras/autoloads/template_operators.php on line 37
Warning: eZTemplate:def @ extension/csm_base/design/csm_design/override/templates/extra/archive.tpl:21[1] Jul 09 2014 07:33:38
Variable 'view_extra_node' is already defined.
Timing: Jul 09 2014 07:33:38
After parse_includes
Timing: Jul 09 2014 07:33:38
End

Timing points:

CheckpointElapsedRel. ElapsedMemoryRel. Memory
Script start 0.0000 sec0.0229 sec 1,286.1563 KB1,162.2813 KB
Module start 'content' 0.0229 sec0.0047 sec 2,448.4375 KB722.9844 KB
Module end 'content' 0.0276 sec0.0465 sec 3,171.4219 KB3,028.5859 KB
Before parse_includes 0.0740 sec0.0452 sec 6,200.0078 KB389.6328 KB
After parse_includes 0.1192 sec0.0006 sec 6,589.6406 KB-170.4766 KB
End 0.1198 sec  6,419.1641 KB 
Total runtime:0.1280 sec
Peak memory usage:6,854.6016 KB

Time accumulators:

 Accumulator Elapsed Percent Count Average
ini_load
Load cache0.0063 sec4.7829%310.0002 sec
Mysql Total
Mysqli_queries0.0447 sec34.1759%590.0008 sec
Looping result0.0018 sec1.3561%560.0000 sec
Template Total0.0551 sec 42.1% 6 0.0092 sec
Template load0.0041 sec3.1609%60.0007 sec
Template processing0.0532 sec40.6408%60.0089 sec
override
Cache load0.0023 sec1.7216%60.0004 sec
states
state_id_array0.0027 sec2.0269%50.0005 sec
state_identifier_array0.0020 sec1.5091%50.0004 sec
General
String conversion0.0000 sec0.0182%30.0000 sec
dbfile0.0005 sec0.3594%180.0000 sec
View Extra building0.0294 sec22.4362%20.0147 sec
Total script time:0.1309 sec

CSS/JS files loaded with "ezjscPacker" during request:

CacheTypePacklevelSourceFiles
01a980f93dc967c6e39d52a11ae2108b_1404899611_all.cssCSS3extension/csm_base/design/csm_design/stylesheets/normalize.css
extension/csm_base/design/csm_design/stylesheets/html5b.css
design/standard/stylesheets/debug.css
extension/ezwt/design/standard/stylesheets/websitetoolbar.css
extension/csm_base/design/csm_design/stylesheets/jquery-ui-1.10.3.custom.min.css
extension/csm_base/design/csm_design/stylesheets/desktop.css
ede0a88fd146f1a095d27fb22227d0e5_1398846822.jsJS2extension/csm_base/design/csm_design/javascript/modernizr.js
extension/csm_base/design/standard/javascript/jquery-1.10.2.min.js
1650da1ba852ac5f9af81af07e8fa105_1404899611.jsJS2extension/csm_base/design/csm_design/javascript/jquery-ui-1.10.4.min.js
extension/csm_base/design/csm_design/javascript/json2.js
extension/csm_base/design/standard/javascript/jquery.cookie.min.js
extension/csm_base/design/csm_design/javascript/jquery.mobile.custom.min.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.arthole.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.sticky.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.csmstory.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.right_column.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.csmstory_editorspickdialog.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.sailthru_signup.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.jcarousel.min.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.history.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.mainNav.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.gallery.js
extension/csm_base/design/csm_design/javascript/plugins/jquery.staffdialog.js
extension/csm_base/design/csm_design/javascript/jQuery.rollChildren.js
extension/csm_base/design/csm_design/javascript/pubService_extended.js
extension/csm_base/design/standard/javascript/csm/csmNew.js
extension/csm_base/design/csm_design/javascript/jquery.quiz.js
extension/csm_base/design/csm_design/javascript/jquery.spectrumQuiz.js
extension/csm_base/design/csm_design/javascript/global.js

Templates used to render the page:

UsageRequested templateTemplateTemplate loadedEditOverride
1pagelayout.tpl<No override>extension/csm_base/design/csm_design/templates/pagelayout.tplEdit templateOverride template
1modules/mugo_view_extras/extra_cached.tpl<No override>extension/mugo_view_extras/design/standard/templates/modules/mugo_view_extras/extra_cached.tplEdit templateOverride template
1setup/debug_toolbar.tpl<No override>design/standard/templates/setup/debug_toolbar.tplEdit templateOverride template
 Number of times templates used: 3
 Number of unique templates used: 3
 Time used to render template usage: 0.0002 secs