Thursday, March 28, 2013

BBRY post profit of 22 cents per share vs expectations of 34 cents loss

 BBRY reports the following for Q4 :

Sales $2.7 billion vs expectations of $2.8

EPS profit 22 cents per share vs expectations of loss of 34 cents per share

Guidance Q1 of breakeven vs expectations of ongoing losses , will increase marketing expense by 50% sequentially...

Gross Margin 40%.....mother of all stock AAPL struggling with GM in 30's

76 million subscriber worldwide vs 79 million last Q

Cash on hand $2.9 billion

Z10 Sales 1 million vs expectations of 300K to 800K 

Overall 6 million smartphone sold

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hey Saleem,

Added a little to PFPT on the dip.

It looks like we might end the quarter with a bang! :)

Stocktrader

Stocks100 said...

Hi Stocktrader,

I expect indices to close stronger & @ high of the day........Q1 ending today......

Good luck with PFPT$$$$$$

Saleem