The Carphone Warehouse has published its financial results for its fourth quarter of 2010, along with some figures for the full year and guidance for 2011.
It says its share of Best Buy Europe's net income to March 2010 was worth around £47 million, slightly more than had been predicted. In addition, its share of Best Buy Mobile US profit was around £46m, well ahead of initial guidance.
Best Buy Europe has appointed Scott Wheway as Chief Executive Officer. The company was created in May 2008 as a 50/50 joint venture between Best Buy Co. Inc. and The Carphone Warehouse plc. Roger Taylor, Carphone Warehouse’s finance director, had previously held the CEO role.
Mr Wheway will now be responsible for all Best Buy Europe operations, including The Carphone Warehouse’s 2,450 stores across Europe.
This week's podcast sees Vodafone and Carphone Warehouse reunited, T-Mobile UK with an uncertain future and mobile music downloads hitting new highs. There's also news about a youth-focussed MVNO - and it's not Blyk.
Iain Graham, James Rosewell and Mark Bridge take a look at mobile news headlines from the last seven days - including new mobile application stores from Sun and Carphone Warehouse, Apple's existing application store and we'll even discuss some news stories not related to application stores at all like GPS, Vodafone's tax challenge and termination rates.
Iain Graham, James Rosewell and Mark Bridge take a look at mobile news headlines from the last seven days - including Vodafone's new "roaming" promotion, Blyk's revised plans and the Carphone Warehouse's commission changes.