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Thursday, June 27, 2013

BlackBerry is back from the dead

BlackBerry has been a source of contention in recent months, as the company struggles back to regain some of its former luster in the ever-changing smartphone industry. With shares up more than 25% year-to-date, it looks like BlackBerry is on its way back, though it still undoubtedly faces an uphill battle. Analysts polled by Thomson Reuters are expecting the Waterloo, Ontario-based company to earn 6 cents per share on $3.36 billion in sales for the fiscal first quarter of 2014. BlackBerry is set to report fiscal first-quarter earnings on Friday before the bell, and though recent news from the company has largely been positive, especially as it pertains to BlackBerry 10 device sales, some on the Street are cautiously bullish



via BGR

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