Best Buy(NYSE:BBY) partners w/ Panasonic(NYSE:PC) to exclusively sell the manufacturer's first 3D TV bundle in US. BBY is betting on "first-mover advantage" against it's competitors. Tagged at $2,899.99 the bundle features a 50-inch plasma 3-D Viera, Blu-Ray player, viewing glasses. Best Buy's shares edge higher on news.
How effective will it be? Well, I personally see plasma as outdated...and come on let's face it, how many people are willing to wear glasses (esp. atop existing ones) to watch TV on daily basis? Maybe 3.
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