In the previous quarter, revenue from these two segments inched down 1.1% and 29.7% year over year.
The core retail businesses of RadioShack, namely Signature (including accessories, digital-to-analog TV converter boxes and related TV antennaspower, service, and technical products) platform and consumer electronics (including digital TVs, digital music players, and digital cameras) platform continue their free fall. Connect your new HDTV with digital audio output to older analog stereo equipment with the RadioShack Digital Audio to Analog Converter. Verizon Wireless is a joint venture between Verizon Communications Inc. radioshack corporation nyse: rsh today announced the rollout of the digital stream dtx9950 digital converter box with built-in analog pass-through for consumers who wish to continue using analog television sets to receive both digital and analog over-the-air broadcasts when the united states transfers to full-power digital television on feb. And that will cost anywhere from 45 to 75, according to the.
We believe the company will face weak bottom line in the near future due to costs associated with transition from T-Mobile to Verizon Wireless partnership. If you plan to use your old analog TV after Feb. This was primarily attributable to an unfavorable sales mix toward lower margin smartphones and other mobile devices coupled with more promotional holiday season.
Gross margin was 34.8% in the previous quarter compared with 41% in the prior-year quarter. In the previous quarter, the company’s net income plunged 79% year over year.