Thoughts on the BlackBerry Q2 results released this morning
by Volker Weber
The pre-announcement was certainly truthful by saying the GAAP loss was close to a billion dollars. What they didn’t tell us until this morning is that the pre-tax loss was actually $1.44 billion. I’m not a tax expert, so when I looked at last week’s pre-announcement I thought that, excluding the Z10 inventory write down, they were pretty close to break even. That’s not the case. They are bleeding badly.
Best analysis of BlackBerry's numbers I have seen so far.
Comments
I have no thoughts on this topic.
At all.
Craig Wiseman, 2013-09-30
