Best Buy (BBY -4.4%) has long been seen as a victim of Amazon's success. Is Apple (AAPL) also...

|About: Best Buy Co. (BBY)|By:, SA News Editor

Best Buy (BBY -4.4%) has long been seen as a victim of Amazon's success. Is Apple (AAPL) also responsible for its woes? Forbes' Nigam Arora thinks so. iTunes has damaged Best Buy's CD sales and store traffic, and the iPhone carries lower margins than many of the devices it has taken share from. In addition, consumers increasingly prefer to satisfy their Apple fix by visiting the company's own stores rather than Best Buy. (earlier)