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Old September 20, 2013, 01:14 PM
moocow moocow is online now
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Join Date: Aug 2011
Location: Vancouver, BC
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A bit better article from WSJ. A lot of the losses are related to inventory.

Quote:
-- Company expects GAAP net operating loss of approximately $950 million to
$995 million; loss includes a primarily non-cash, pre-tax inventory
charge of approximately $930 million to $960 million resulting from the
increasingly competitive business environment impacting BlackBerry
smartphone volumes, and a pre-tax restructuring charge of $72 million
-- Company expects to report revenue for the second quarter of approximately
$1.6 billion; recognizes sales of approximately 3.7 million smartphones
in the second quarter
BlackBerry Announces Preliminary Second Quarter Fiscal 2014 Results and Provides Business Update - WSJ.com
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