Surprise! BlackBerry reports a profit for the fourth quarter although revenue comes in below expectations

BlackBerry surprised Wall Street and Main Street by reporting that it earned a profit of $28 million, or 5 cents a share, for the fourth quarter ended February 28th. A year earlier, the company reported a loss of $148 million, or 28 cents a share. Removing one-time items from the bottom line, BlackBerry turned a profit of $20 million, or 4 cents a share. Wall Street expected the company to report a loss of 4 cents a share for the period...
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115 Comments

16. meanestgenius

Posts: 21331; Member since: May 28, 2014

Android is not always the answer, my friend. Ask Sony, HTC and Motorola.

35. Scott93274

Posts: 6025; Member since: Aug 06, 2013

Hey now! Motorola has seen a 118% increase in sales over last year, they're turning themselves around.

60. Mxyzptlk unregistered

Android is about as secure as a paper fort in a rain storm.

65. BobbyDigital

Posts: 2124; Member since: May 29, 2014

That makes it more secure than iOS.

85. Scott93274

Posts: 6025; Member since: Aug 06, 2013

And I suppose that you think that the iPhone is safer?

18. Crispin_Gatieza

Posts: 3088; Member since: Jan 23, 2014

Apparently, Android needs BlackBerry more since they have no clue as to how to secure their systems.

29. Cyberthing

Posts: 127; Member since: Nov 18, 2014

Great. Keep staying afloat! We still need players for the game.

30. aipom

Posts: 41; Member since: Feb 10, 2014

Surprise modafoca

70. HugoBarraCyanogenmod

Posts: 1408; Member since: Jul 06, 2014

Every company makes profits, as long as the ceo is chinese... If it's american ceo it would've bankrupt last year already

73. Crispin_Gatieza

Posts: 3088; Member since: Jan 23, 2014

Tim Cook and Larry Page are Chinese? Wow, they had excellent plastic surgery to straighten out the eyes. Eres tremendo comepinga hablando esa mierda.

74. megathaszrul89

Posts: 203; Member since: Jan 08, 2015

Don't worry blackberry, i will be one out of millions fans yours, who will keep supporting you guys. Just spend more time on your hardware n software design department. :)

79. JaneChenLong

Posts: 374; Member since: Mar 18, 2015

Well, bad news for you. According to this articlehttp://seekingalpha.com/article/3033956-blackberrys-chen-guidance-increasingly-at-odds-with-reality Blackberry already sacking most in hardware & software design. This is the reason that most of BB latest product is snapdragon S4. Because they just recycle the hardware & software. Quote" BlackBerry appears to be reallocating R&D resources to Software, because it sees this as a growth area. This is probably a good strategy, but if the new Leap is any indication, it leaves Hardware starved for investment. The Leap uses a 2-year old Qualcomm (NASDAQ:QCOM) Snapdragon S4 processor. Why use a processor that's obsolete? Because it minimizes the design changes that have to be made for the new phone. In effect, BlackBerry is not investing anything in hardware, except for the bare minimum needed to keep introducing "new" but instantly outdated products." and that's, how blackberry made the US$20 rounding error profit.

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