The services business is a higher profit margin area for the company. With Best Buy's success in the home theater business, I think they have rightfully determined that providing installation services and other types of work is a good investment.
More Quotes from James Ragan:
Over time, the competition will become even more intense. There will be a time when the margins are impacted a bit.James Ragan
The services business is a relatively new segment for the company, and I think it can help sales.
James Ragan
The recent feeling has been maybe the business was worsening. I think the comment that the PC business may have stabilized gives us a little more confidence that the year's going to improve from here.
James Ragan
They're kind of a victim of their own success.
James Ragan
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