They beat the street on just about everything. Back to profits. A million Z10's sold by Mar 2 (that's where I became doubtful).
How convienient.
Thing is, subs are down another 2M again - second Q in a row they've (reportedly) lost 2M subs. That can't keep up, unless they start charging $1600/phone, and that isn't going to happen.
They also claim: half of the new subs are "new" to BB. Do the book cookers think everyone who reads their crap is really that dumb ?
The CFO, and his minions must be excellent chefs (cooking the books). I think this is the reason Lazaridis is calling it a day with BlackBetty. He hung around long enough to 'assist' in the BB Z10 launch.
Q: Why won't he stay for the Q10 launch?
A: His nearly finished, 26,000sq' house, which began construction in 2006, is just about ready to move into.
Good move Mike, good move.
Spin it any way you want........ THEY'RE MAKING MONEY.
-Wall St expected a loss. RIM turned a profit.
-$2.9 billion in the bank, no debt.
-55% of buyers came from other platforms
-there are still 30 countries left that will be launching the Z10.
-the Q10 will launch soon, and qwerty diehards and enterprise customers will be all over this.
-their lucrative service revenue, only dropped by 3% which is great as they continue to ramp up BB10 production esp in Enterprise where they will make more money for services by supporting all devices.
-Before the end of this year, they have a new flagship phone that will compete with the S4 and HTC One.
Say what you want, but Thorsten Heins is doing a fantastic job and the company is definitely punching above its weight.