BlackBerry Loses Roughly A Billion Dollars, Blames It Upon A Unsuccessful Z10

BlackBerry Loses Roughly A Billion Dollars, Blames It Upon A Unsuccessful Z10

BlackBerryhasjust reported the $ 935 million strikein Q2 due whollytowhatit’s job the“Z10 Inventory Charge”—inother words, the assign opposite registerand supply commitmentsfor the flagship handsetthatis unwellto sell. Echoing Microsoft’s inauspicious write-down dueto unsold Surface RT inventory,this singular detrimentwas sufficientto clean out mostofthe company’s quarterly incomeof $ 1.6 billion.When combinedto the serve detriment dueto corporate restructuring,it resultedin the last GAAP detrimentfor BlackBerryof $ 965 million.It’s toughto sign justhow mostofthe newer BB 10 handsets (namelythe Z10and Q10) sole duringthe quarter,but BlackBerry admitsthat“most”ofthe 3.7 million unitsthat reachedend userswere comparison BlackBerry 7 devices,sothe totalcan’tbe pretty.Forhispart, Thorsten Heinssayshe’s“very disappointed”withthe results,buthe claimsthe association saw expansionin craving server (BES 10) commercial operationandhe insiststhere’s still the destinyinthat sideofthe commercial operation— the destinythatcould shortly goto someoneelse.

Filed under: Cellphones, Mobile, Blackberry

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Source:MarketWired

Sharif Sakr
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