best buy balance sheet is strong relative to many retailing co's. They don't have much debt and they generate alot of cash even at current reduced levels. Plus, have you heard of Ben Bernanke, he has made it so even the most bankrupt of co's can refinance their debts at unthinkable low interest rates. Take a look at JCP, they have $4 billion in debt while and are losing money now while BBY is still highly profitable.
HIGHLY PROFITABLE? They just lost money in the latest quarter and same store sales fell over 4%. who are you kidding? As more people get smart phones and learn how simple to do comparison shopping by just scanning bar code, Best Buy will lose more business.