Circle your calendar, BlackBerry to announce Q3 earnings on December 20th

Circle your calendar, BlackBerry to announce Q3 earnings on December 20th
The continuing saga of BlackBerry has its next major chapter on December 20th when the company will report its third quarter results for fiscal 2014. It will be the first earnings report released under the new regime led by CEO John Chen, who replaced Thorsten Heins last month. Heins was removed after the company's largest shareholder failed to find the financing needed to close a $9 a share buyout of the Canadian handset manufacturer. Instead, the company received $1 billion in financing in the form of convertible debt, and Heins was forced to leave the company.

In September, BlackBerry reported a huge operating loss for its fiscal second quarter mostly due to a nearly $1 billion write down of BlackBerry Z10 units that were collecting dust in the warehouse. You probably won't have to do too much digging to find any of the BlackBerry 10 handsets, even the new BlackBerry Z30, available for free or a low price with a signed two-year pact during the holiday.

The days of BlackBerry trailing Android, and now Windows Phone, in the specs department could be over. A rumor that we passed along to you last weekend mentioned a couple of new 'Berry handsets. The BlackBerry Z50 is supposed to be the first smartphone offered from the Canadian based OEM to feature a 5.2 inch 1080 x 1920 resolution display, and be powered by a quad-core Qualcomm Snapdragon 800 processor. This model is supposed to be launched in the third quarter of 2014. Prior to the alleged launch of the BlackBerry Z50, we could see the launch of the BlackBerry Q30 during the second quarter of 2014. This would be a flagship QWERTY equipped unit.

source: BlackBerry via Crackberry

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12 Comments

1. PapaSmurf

Posts: 10457; Member since: May 14, 2012

They'll probably lose over $680 million. Just speculating.

4. Gaurav008

Posts: 328; Member since: Jul 20, 2012

My guess would be a loss of around $300-400million.

8. Shatter

Posts: 2036; Member since: May 29, 2013

7 shapes in the logo = 700mil.

2. Jeradiah3

Posts: 1149; Member since: Feb 11, 2010

Whats there to circle the date about...............oh, thats right.................we can circle the date because we'll see how much money they've lost and how long b4 they implode lol

3. tatail

Posts: 261; Member since: Jan 08, 2010

lol? I just wonder, if the people or company you work for lost quarterly revenue and you ended up laid off would I read a lol from you? I guess not. At least be compassionate to those people who for the company and will probably lose their jobs if the company continues losing money.

12. H3Drvr

Posts: 43; Member since: Apr 30, 2013

Compassion will not feed those people who (may) lose their jobs. I've lost my job -due to down turn in business a couple times- and compassion is the last thing I need. I need new job training, referrals and leads to other opportunities. Sometimes a good solid kick of cold hard reality is needed to get motivated. Anyway, anyone working for BB, if you haven't already devised your own exit strategy, it might be wise to do so NOW!

5. KillerKeyboard

Posts: 372; Member since: Nov 21, 2013

Brace yourselves...

6. kennyblack_sd

Posts: 26; Member since: Nov 15, 2013

BlackBerry no matter what the outcome of this financial report is I will always be with you. I love my BlackBerry Q5!!!!!

7. Notsosuperdave

Posts: 29; Member since: May 15, 2013

love my Z10!!!

9. Jommick

Posts: 221; Member since: Sep 10, 2013

Q3 Next year to launch a phone with a Snapdragon 800? Might be a little late then to do that.

10. digicon

Posts: 121; Member since: Aug 11, 2011

Another Backhanded Post about BlackBerry . . .

11. Zeeya

Posts: 331; Member since: Mar 17, 2013

Its such a pity... what a OS, so much power... but so less good apps... No dev sees the quality of the OS, its so great so fast just good! But dont blame the people when they prefer an iSh*t or co... they have a much better app ecosystem and just blackberry fans like me would still buy a bb10 phone and would 'waite' for apps... i really hope for tons of good apps for blackberry world... this awesome OS deserve it.. much much much better than iOS!!!

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