Best Buy Lost $65K In One Day Trying to Price Match Walmart's iPhone Discount

Best Buy dropped the price of the 16GB iPhone 5 to $150 last month, and Walmart bested that with a $127 iPhone. Now Best Buy says lost a whole $65,000 on this one product in just one day because it was forced go meet that lower price. More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/AE2QP1qcukc/best-buy-lost-65k-in-one-day-trying-to-price-match-walmarts-iphone-discount

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