Circle your calendar: BlackBerry to report Q4 and fiscal 2014 earnings on March 28th
That means we probably will see more red ink, and some more write offs of dust collecting inventory that is not moving in BlackBerry's warehouse. Actually, this would be a perfect time for CEO John Chen to take some more charges against unsold inventory. Usually when a new regime takes over a major corporation, they take a series of write offs just to clear the air. Not only can the new CEO blame the old one for the huge loss, it makes the bar a lot lower and helps the company report a huge profit increase once business starts to turn.
In addition, Chen has a goal to monetize BBM. BlackBerry is testing sponsored channels for the discussion group feature on BBM, along with sponsored invites. In certain Beta Zone versions of BBM, the sponsored invitations can be found in the Invites section of BBM, while the sponsored channels can be seen in the Updates section. We won't see the fruits of that labor until possibly the next quarter or the following period.
Whatever BlackBerry reports, you can find the results right here on the morning of March 28th.
via: BerryReview Press Release
A replay of the conference call will also be available at approximately 10 am by dialing (+1)416-640-1917 and entering pass code 4612572# or by clicking the link above on your BlackBerry® 10 smartphone, personal computer or BlackBerry® PlayBook™ tablet. This replay will be available until midnight ET April 11, 2014.
1. Tizen007 (Posts: 522; Member since: 07 Jan 2014)
Is there any chance they can rise up again?
2. Tizen007 (Posts: 522; Member since: 07 Jan 2014)
I really want them to recover and compete again in the smartphone market
3. NotAGeek (Posts: 160; Member since: 26 Jan 2014)
with the right device (blackberry z3),and the right market,could be.
4. Glim12808 (Posts: 393; Member since: 26 Oct 2011)
I personally believe the entry level Z3 is the last hope of BB. If this phone does not sell, then neither will the more premium Q20, scheduled for the second half of 2014. But I am more optimistic about the Z3 compared to the Q20 because of the entry level price of the Z3. The Q20 is a high-end phone and will probably not sell very many units just like the premium Z30.
7. apiskula (banned) (Posts: 578; Member since: 25 Jan 2013)
Very childish of you. You just cannot face to the fact when the earnings report comes out it will be terrible for Blackberry. They are not going to show any profit, they will show loss of subscribers, net income loss and layoffs which I do not like to see at any company. Blackberry needs to liquidate all assets now!
8. thealphageek1 (banned) (Posts: 942; Member since: 02 Feb 2013)
Get real, little boy. You would LOVE to see BlackBerry go under. That's why you're always commenting with negativity on their articles. The only thing that should be liquidated is your mouth so no one has to read the garbage you put on PA. And you're STILL avoiding my questions. What if BlackBerry posts better results than you think? What will you do then? Bet you won't answer, troll.