Posted On: 09/21/2013 4:56:38 PM
Post# of 63866
Blackberry BBRY Chart
Watch Now
-BlackBerry Ltd warned on Friday it expects to report a huge quarterly operating loss next week
-burnt through approximately half a billion dollars in cash in the last three months,
-plans to shed 4,500 jobs.
-net loss about $250 million to $265 million, or a loss of 47 cents to 51 cents a share.
-BlackBerry 10 has failed to gain traction among consumers
-"The company has sailed off a cliff," said BGC Partners analyst Colin Gillis. "What do you expect when you announce you're up for sale?
Who wants to commit to a platform that could possibly be shut down?"
Watch Now
-BlackBerry Ltd warned on Friday it expects to report a huge quarterly operating loss next week
-burnt through approximately half a billion dollars in cash in the last three months,
-plans to shed 4,500 jobs.
-net loss about $250 million to $265 million, or a loss of 47 cents to 51 cents a share.
-BlackBerry 10 has failed to gain traction among consumers
-"The company has sailed off a cliff," said BGC Partners analyst Colin Gillis. "What do you expect when you announce you're up for sale?
Who wants to commit to a platform that could possibly be shut down?"
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