BlackBerry Setting Up To Ship 14M BB10s This Year; 40% Margins Could Make It Profitable In 2014

June 19, 2013   |   June 2013 Bond Updates
BlackBerry?s shareholders were taking a beating on Wednesday after analysts at Bernstein downgraded the stock, but other analysts appear more bullish.  As distribution expands across the globe, with the BB10 now available in 170 carriers in over 70 countries, it appears increasingly possible for BlackBerry to become profitable earlier than expected, according to RBC Capital Markets.  The stock may rally in the short-term as investors cover their shorts, but the longer term outlook for the company remains murky, they added.

View more at: http://www.forbes.com/sites/afontevecchia/2013/06/19/blackberry-setting-up-to-ship-14m-bb10s-this-year-40-margins-could-make-it-profitable-in-2014/
 
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