Best Buy, Looking To Grow Online Business, Faces Massive Rivals

By Kraken:Best Buy (BBY) reported fairly positive earnings this week. Hubert Joly, who joined last August, has implemented a turnaround strategy which seems to be gaining traction. The earnings were a breath of fresh air given the past performance of the company.

By Carol Kong:Amazon.com (AMZN) has recently been trading at all-time highs, despite reporting lower-than-expected earnings, lowered guidance for 2013, and net income down 45% in 2012 Q4.

ByBruce Spratling:Best Buy (BBY) recently announced they will match Amazon's prices.

* Amazon, Google rivalry will escalate in 2013 * Companies compete in increasing number of areas * Areas include: Ads, retail, mobile, cloud computing

By EconMatters: Amazon (AMZN) and Walmart (WMT) used to serve two very distinct customer groups. Amazon, the online mega mall attracts the more tech smart and higher income crowd, while the brick-and-mortar mass retailer Walmart serves the lower income and more traditional customers.

By Sammy Pollack:The fastest growing segment of the retail industry is the online business. To play this theme, investors have bid up shares of the world's largest online retailer Amazon (AMZN) to unsustainable heights. AMZN is currently trading at a PE ratio of 100. While AMZN certainly has massive growth ahead, buying shares at current prices does not make sense.

By Scot Wingo: Wall St. Analyst Doug Anmuth at JPMorgan is out with another pricing report (we covered DB here). Doug came up with a holiday basket of ~40 items that had this category mix: