BlackBerry falls short of estimates in fiscal first quarter

BlackBerry shipped 6.8 million smartphones in its fiscal first quarter but missed analysts' predictions of 7.5 million units and posted a loss when Wall Street expected a profit, the company reported today. Executives declined to break out sales of new BlackBerry 10-based models and older handsets, nor did they disclose the company's total subscriber base. BlackBerry said it would have broken even if not for a one-time loss due to Venezuelan foreign-currency restrictions. Revenues of $3.07 billion missed the analysts' estimates by 8% but still rose from $2.8 billion a year ago. Executives declined to provide guidance, saying the market remained "competitive."

View Full Article in:

Wall Street Journal (tiered subscription model), The · Bloomberg ·

Published in Brief:

SmartBrief Job Listings for Media

Job Title Company Location
Director, Digital Research (Burbank or New York)
Warner Bros. Entertainment Inc.
Burbank, CA
Data Entry and Integrity Coordinator
Interactive Advertising Bureau
New York, NY
Director of Business Development - Denver/New York
Denver, CO
Director of Marketing - Denver
Denver, CO
Online Advertising Specialist
Tableau Softwarwe
Seattle, WA