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BlackBerry loses $1B latest qtr, to lay off 40% of workforce

Posted on 9/20/13 at 5:36 pm
Posted by stendulkar
Member since Aug 2012
767 posts
Posted on 9/20/13 at 5:36 pm
BBRY down 17% on news. Final nail in the RIM coffin?
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17444 posts
Posted on 9/20/13 at 5:39 pm to
Yea
Posted by DaphneTigah
Flying under the radar.
Member since Dec 2007
4981 posts
Posted on 9/20/13 at 7:49 pm to
Stevie Wonder saw that coming. Writing has been on the wall. Steve Jobs hammer did the hammering.
Posted by Hand
far side of the moon
Member since Dec 2007
2065 posts
Posted on 9/21/13 at 10:34 am to
I wouldn't be surprised to see IBM, HP, or some government contractor that we've never heard of buy them.
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
51623 posts
Posted on 9/22/13 at 10:03 pm to
I think they have an offer and wanted to drive down the share price to make the sale sweeter.

Have no confidence in this management team whatsoever to tell the truth, however.

I would love to have had this assignment for a case study when I was in MBA school.
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