October 22, 2005

Radioshack Gets iPod and Cuts Verizon

RadioShack is still viable channel for electronics as laughable as that may of sounded years ago. The company is going to focus on satellite radio, digital imaging, Mp3, and wireless products. They announced they are going to sell the iPod and accessories in a big way. Also they are gong to cut Verizon wireless and just sell Sprint PCS and Cingular phones and plans.

Chief Operating Officer David Edmondson said the company will emphasize sales of satellite radio, digital imaging MP3 and wireless products. "These are hot categories and very productive for RadioShack," Edmondson told analysts in a conference call. "They drive traffic into the stores, and they also provide opportunities for selling profitable accessories." The year has been replete with new products, deals and advertising representation. Last month, RadioShack began carrying Apple Computer Inc.'s popular Ipod.