Why Best Buy Is Tanking

Why Best Buy Is Tanking
A customer leaves a Best Buy in Mountain View, Calif., Monday, Sept. 12, 2011. The largest U.S. specialty electronics retailer said late Wednesday that "overwhelming demand for some products from Bestbuy.com has led to a problem redeeming online orders made in November and December. (AP Photo/Paul Sakuma)
A customer leaves a Best Buy in Mountain View, Calif., Monday, Sept. 12, 2011. The largest U.S. specialty electronics retailer said late Wednesday that "overwhelming demand for some products from Bestbuy.com has led to a problem redeeming online orders made in November and December. (AP Photo/Paul Sakuma)

Missing your Wall Street estimates is bad. Seeing your earnings decline is worse. And reporting a profit slump of 92 percent is, well, what big-box electronics retailer Best Buy did Tuesday morning. The shocking news sent the beleaguered company's stock spiraling to a nine-year low.

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