(Image source: Venturebeat)

BY DAVID EARL

ANCHOR LAUREN ZIMA

There’s bad financial news for electronics retailer RadioShack. Dividend.com has the details...

“Late Monday [RadioShack] warned that its fourth quarter earnings would fall well below Wall Street expectations, sending its shares plummeting in aftermarket trading.”

Shares plummeted even more Tuesday, falling 30 percent. But a columnist for Fox Business thinks RadioShack’s problem isn’t so much a numbers game, it’s a little more basic: it’s having an identity crisis.

“RadioShack’s problem is that nobody knows what it is. Is it the 7-Eleven of electronics retailers? Is it just another strip-center shop selling mobile phones? Or is it … a place for all your radio-controlled toy car needs?”

And if it’s the place that just sells you cell phones … the Wall Street Journal says it’s running into stiff competition.

“Lately there have been some signs of cracks in the mobile strategy...Everyone is getting into these mobile device sales now in a bigger way. Best Buy and all the other retailers want to get a piece of that growth.”

But financial blog, The Motley Fool, doesn’t see RadioShack’s bad data as a death blow...they’re just calling it a big fat mess.

“RadioShack isn't going away anytime soon. The company's still flush with cash. Its credit facility remains largely untapped … However, there are signs that RadioShack's contracting margins are here to stay. [It’s] in preservation mode now.”

But CNBC’s Mad Money man Jim Cramer saw today coming and says this stock won’t bounce back any time soon...

“And why is that? It’s all courtesy of secular competition from Internet based retailers like Amazon that are pantsing the brick and mortar guys.”

RadioShack’s 30-percent hit in stock price on the last day in January comes close to describing its performance last year. For 2011, the stock price saw a 47-percent decline.