“Morgan Stanley cut electronics retailer RadioShack Corp. to underweight from equal-weight, saying that although margin expansion and free cash flow improvement are likely to due to the current restructuring efforts, wireless fundamentals and the company’s top line remain ‘suspect,'” Aude Lagorce reports for MarketWatch.
“The broker noted that Apple’s iPhone will be sold through Cingular and Apple stores and not RadioShack [which] continues to suffer from the shift to pre-paid from post-paid handsets. ‘As Sprint/Nextel loses share, Cingular promotes the iPhone exclusively though Apple and Cingular stores, and prepay gains share from postpay. 30% of RadioShack’s business could shrink much faster than the market expects,’ the broker concluded,” Lagorce reports.
Full article here.
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Radio Shack is a horrifying retail experience IMHO.
I was in a Radio Shack the other day, and I overheard someone who wanted to pay their Nextel bill. They found out that they had to pay a fee to pay a bill. Do I need to repeat that? They were charged to pay for something.
I saw a radio shack in the middle of the Sahara Desert. There were two guys, in ties, and no customers.
I was amazed.
this is not true. Some of you are sarcasm-challenged, and some are satirically-challenged.
I thought that was a mentally challenged basketball player.
I don’t get it
The Radio Shack in my home town has the crummist customer service I have ever had. I avoid the store at all cost!
Rat Schack, Radio Scrap, nuff said
ok, in their defense, where else you gonna get a Zener diode at 8:30PM? And a disposable guitar cord…
@TT
“ok, in their defense, where else you gonna get a Zener diode at 8:30PM?”
Steal it out of your neighbor’s TV, it obvious
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About a year ago my son was taking a class in electronics and had to purchase a set of test leads for an oscilloscope. We went to Radio Shack and asked the proprietor if they carried the test leads. He didn’t even know what an oscilloscope is.
There was a time when Radio Shack personnel actually knew something about electronics. Over the years they became more of a finished goods store than a components supply house. Yes, TT you are quite right in asking where to go when you need a special component or patch cord. I suspect you know that you’re entirely on your own when you do so. Personally if I have the time, I’ll buy from Digi-key.
re: zener diode
would you have to dig a tunnel from your house to theirs to steal it?
Hmmm, dig a tunnel / go to Radio Shack. Tough call…
I like peaches. Ripe, fresh ones with just a hint of fuzz . . .
Radio Shack – The store that can’t figure out what it’s supposed to be doing.
Shouldn’t the question be where else are you going to get a flux capacitor at 8:30 PM?
Peace.
Y’all have questions.
They have answers.
If Radio Shack had flux capacitors to sell, the employees would tell them to their customers they were for increasing cell phone reception.
Your right, Radio Shack use to employ knowledgeable and helpful people. Now all they want to do is sell you a cell phone contract.
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I sometimes ask them simple questions just so I can have a funny story to tell later.