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Best Buy Had Some Big News for Apple Bears

NEW YORK (TheStreet) -- Best Buy (BBY - Get Report) execs had pointed comments to Apple (AAPL - Get Report) stock bears hating on the tech giant's foray into the wearable device space.

Many consumers actually want the first edition of the Apple Watch.

"Demand for Apple Watch has been so strong," said BestBuy CEO Hubert Joly on an earnings call with analysts on Tuesday, adding "we are very excited about the early momentum of the Apple Watch in our stores."

On Aug. 7, Best Buy began to offer the Apple Watch online and at more than 100 locations around the country, becoming the first national retailer besides Apple to carry the wearable tech gadget. All Best Buy locations will sell the Apple Watch by the end of September, the company said on Tuesday.

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The interest in buying a first edition...


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