Circle your calendar: BlackBerry to report Q4 and fiscal 2014 earnings on March 28th

Circle your calendar: BlackBerry to report Q4 and fiscal 2014 earnings on March 28th
Not that it really matters considering that BlackBerry's new CEO is trying for a fresh start, but the company will report its fourth quarter and fiscal 2014 earnings on March 28th at 8am. Considering that the BlackBerry Z3 won't launch until next month, and the BlackBerry Q20 is scheduled for release later this year, the fourth quarter will probably be more of the same.

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

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8 Comments

1. Tizen007

Posts: 575; Member since: Jan 07, 2014

Is there any chance they can rise up again?

2. Tizen007

Posts: 575; Member since: Jan 07, 2014

I really want them to recover and compete again in the smartphone market

3. NotAGeek

Posts: 279; Member since: Jan 26, 2014

with the right device (blackberry z3),and the right market,could be.

4. Glim12808

Posts: 394; Member since: Oct 26, 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.

5. apiskula

Posts: 578; Member since: Jan 25, 2013

Bankrupt Berry

6. thealphageek1

Posts: 942; Member since: Feb 02, 2013

Just like your mom.

7. apiskula

Posts: 578; Member since: Jan 25, 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

Posts: 942; Member since: Feb 02, 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.

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