The Latest in IT Security

BlackBerry’s long, hard slog back to respectability

28
Mar
2014

BlackBerry’s fourth-quarter earnings were markedly better than expected, with its loss of $0.08 per share a share significantly better than the consensus estimate of a $0.67 loss per share. At first glance, that would be a huge improvement, but when you drill down further, the company still has a long way to go towards getting anywhere close to where it once was in the mid-2000s. For the fourth quarter, BlackBerry only generated $976 million in revenue, a far cry from the $1.13 billion analysts were expecting. To make matters worse, that’s down 18% sequentially, and 64% year over year. Those aren’t exactly numbers that would make anyone brag about. To make matters worse, the company is still spending cash, having drawn

Comments are closed.

Categories

WEDNESDAY, OCTOBER 16, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments

Social Networks