JPMorgan's Horvers Interview on Best Buy's Earnings

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June 14 (Bloomberg) -- Christopher Horvers, an analyst at JPMorgan Securities, talks about Best Buy Co.'s first-quarter profit, which exceeded analysts’ forecasts, helped by rising demand for smartphones. Best Buy, the world’s largest consumer electronics retailer, said net income fell to $136 million, or 35 cents a share. Analysts predicted 33 cents, the average estimate in a Bloomberg survey. Horvers speaks with Betty Liu and Dominic Chu on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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