RadioShack Continues Its Turnaround

RadioShack, or The Shack as it now likes to be called, keeps turning in impressive financial results, mainly due to its mobile-phone selling success. Net income in its Q1 hit $50.1 million, up from $43.1 million in the same year-ago period, and same-store sales rose 4.7%

Sales got a boost by the addition of T-Mobile to its wireless service providers, adding it to Sprint Nextel and AT&T. It also started selling iPhones last year.