Blackberry has not released their MD&A report yet.It usually released on the of the Financial report.
I am curious to know how their Inventory went up $941M after that huge inventory write off Q2
At the end of Q1 reported 28th June 2013, the CEO said
“During the first quarter, we continued to focus our efforts on the global roll out of the BlackBerry 10 platform,” said Thorsten Heins, President and CEO of BlackBerry. “We are still in the early stages of this launch, but already, the BlackBerry 10 platform and BlackBerry Enterprise Service 10 are proving themselves to customers to be very secure, flexible and dynamic mobile computing solutions. Over the next three quarters, we will be increasing our investments to support the roll out of new products and services, and to demonstrate that BlackBerry has established itself as a leading and vibrant player in next generation mobile computing solutions for both consumer and enterprise customers.”
How can they be shipping the phones and writing them off as inventory obsolete
at the same time.. unbelievable!
Are they not obligated also, to present a full report and a conferance call to Shareholders?
Its a Public Company.
Another of their silence period.
Yes, why this hurried sell out and so so cheap?.....no Debt and lots of cash.
Smells very fishy !