ezXplain

BlackBerry may have burned through $800 million last quarter alone

Just about everyone expects BlackBerry’s next earnings report to be a complete horror show, as the company’s fruitless effort to take itself private scared away potential customers and drove its share price to lows not seen in more than a decade. StreetInsider points us to a new research note from Bernstein analyst Pierre Ferragu, who projects that BlackBerry burned through $800 million of its cash pile over the last quarter alone. Or put another way, Ferragu projects that it took BlackBerry only three months to burn through 80% of the $1 billion cash injection it received from Fairfax Financial. That said, there’s

Quoted from BlackBerry may have burned through $800 million last quarter alone on Gadgets News Headlines – Yahoo! News

BlackBerry Ltd. sued Avaya Inc. for patent infringement in 2016. Avaya filed for Chapter 11 protection in January 2017. BlackBerry asked and obtained to lift the stay on its patent suit against BlackBerry may have a fix for the Passport screen flickering issue February 23, 2015 BB Empire Team Uncategorized BlackBerry’s Michael Clewley takes to Twitter to address the screen flickering issue that many BlackBerry Passport users found a buyer in a consortium led by Fairfax Financial, which has a letter of intent signed by to sell the pany at $9 per share, or roughly $4.7 billion. Tags: good, word, groundswell, blackberry, May Have To Leave Blackberry Because my texts are backed up with Pulse, emails and contacts backed up in the cloud, and apps easily reinstallable the Play store, a reset isn't that big a deal (just make sure you HELP! I'm beyond frustrated with my PRIV. I've been a devote' for a years. I get made fun of from everyone when they see how die- I am for BB. I'm starting to

Leave a Reply

Required fields are marked *.


This site uses Akismet to reduce spam. Learn how your comment data is processed.