What an atrocious headline that's almost an outright lie. Best Buy took a few one time charges this quarter leading to the loss (otherwise it was positive) and intends on restructuring and opening 100 small mobile focused stores, in addition to closing the 50 underperforming stores. Best Buy's own report attributed the fortune change to the shift of buying big electronics online and a consumer shift to mobile devices. Apple was barely a footnote in the whole thing.
3/29/12 at 9:31am