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.

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I have no thoughts on this topic.
At all.

Craig Wiseman, 2013-09-30

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I explain difficult concepts in simple ways. For free, and for money. Clue procurement and bullshit detection.


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