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Thursday, March 26, 2015

Analysts brace for BlackBerry to post worst quarterly sales in 9 years

Analysts brace for BlackBerry to post worst quarterly sales in 9 years:

Referring to BlackBerry’s hardware sales as “empty calories,” Goldman Sachs is wondering if the company should be making phone at all. BlackBerry CEO John Chen is certainly pondering the idea of the enterprise becoming a software and services company.



UBS is outright saying BlackBerry should exit the hardware space. Other money-types will be listening very carefully to BlackBerry’s fiscal fourth quarter and fiscal 2015 results, and 2016 forecasts on Friday.



Estimates are floating the BlackBerry will post revenue of $790 million for the fourth quarter, which is 20% lower than the ...


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