Research In Motion Ltd (BBRY) Performance Doesn't Match Promises

HFA Padded
HFA Staff
Published on
Updated on

The company got a new CEO, a new operating system and new devices, but its latest numbers don’t paint a picture of revival. Blackberry / Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB) finally rolled out the BlackBerry 10 OS, and introduced the Z10 and Q10 smartphones. This should have been a phenomenal quarter for revenue, smartphone units shipped, profit, and everything else. Instead, BlackBerry revealed disappointing quarterly results –made more poignant by the fact that estimates weren’t all that high to begin with. Things aren’t looking good for Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB). Decline in Demand for BBRY Devices The BB10…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.