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04/04/2016
Technology – Blackberry Q4 16 – Cold turkey
Blackberry needs to rid itself of its addiction to hardware Blackberry reported Q4 16 results where good performance from software was marred by the company’s insistence on staying in the hardware business. Q4 16 revenues/EPS were $487m/LOSS $0.03 compared to consensus estimates of $562m/LOSS $0.10. The better than expected profitability was almost entirely due to software being a larger part of the mix than expected.
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