Best Buy Q2: Flat Panel TVs Weak, Mobile Phones Strong

AP via Yahoo! Finance:

In the three months ended Aug. 28, revenue in stores open at least fourteen months edged down 0.1 percent and sales of flat-screen TVs continued to be weak. But that was offset by strength at Best Buy Mobile, which Best Buy has aggressively expanding.

The display industry needs to move large LCDs; weak flat-screen TV sales is bad news.