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[FY2014-QTR-3] Blackberry(BBRY) reports earnings for this period,
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<h1 style="text-align: center;">REPORT EARNINGS - FY: 2014 - QTR: 03</h1> <h2>[what]</h2> <ol> <li>] a brief summary of the latest financial results from this company.</li> </ol> <h2>[why]</h2> <ol> <li>] making sense of long, complicated and boring earnings report calls, financial statements and related mumbo jumbo</li> </ol> <h2>[where - $$$ and numbers]</h2> <ol> <li><strong>] REVENUE</strong></li> <ol> <li><strong>] 1.2 B, </strong>down $380 million or 24% from approximately $1.6 billion in the previous quarter and down 56% from $2.7 billion in the same quarter of fiscal 2013</li> <li>] revenue breakdown for the quarter was approximately 40% for hardware, 53% for services and 7% for software and other revenue.</li> </ol> <li><strong>] $ PROFIT/LOSS on operations</strong></li> <ol> <li>] $ 354 million - LOSS ( revenue - expenses), up from $-248M operating loss in previous qtr</li> <li>] $ 0.67 per share</li> </ol> <li><strong>] CASH BALANCE</strong></li> <ol> <li>] $ 3.2 B cash on books, up from 2.6 B in previous qtr</li> <li>] but cash on hand increased due to the Fairfax 1 Billion convertible debenture - ( Cash flows provided by financing activities in the third quarter were approximately $991 million, including the proceeds from the issuance of debt. )</li> </ol> <li><strong>] DEVICES - SALES - units, by type</strong></li> <ol> <li>] bb 10 - 1.1 million devices "</li> <li>] bb 7 - 3.2 million devices </li> <li>] total - 4.3 m devices were sold through to customers</li> <li>*] "recognized revenue" on 1.9 m devices, down from 3.7m devices previous qtr</li> </ol> <li><strong>*] $4.4 Billion qu</strong><strong>arterly loss (WRITEDOWN)</strong><ol> <li>] via writedowns to mfg assets and other long term investments</li> <li>] not actual cash lost on operations, but decreasing the value of assets currently on the books</li> </ol></li> </ol> <h2>[where - announcements and analysis]</h2> <ol> <li><strong>] Announcing 5 year agreement with Foxconn</strong></li> <ol> <li>] BB will be outsourcing MFG to foxconn beginning this year with model for ?indonesia?</li> <li>] Foxconn will jointly develop and manufacture certain new BlackBerry devices (Z3) and manage the inventory associated with those devices. The initial focus of the partnership will be a smartphone for Indonesia and other fast-growing markets targeting early 2014.</li> </ol> <li><strong>] Announcing restructuring into 4 lines of business</strong></li> <ol> <li><strong>] BBM</strong> - Over 40 million newly registered iOS/Android users in the last 60 days; more than a dozen Android OEMs to preload BBM, including most recently LG; over 250,000 BBM Channels created by global user base since launch of BBM Channels</li> <li><strong>] BES enterprise Service</strong> - increasing penetration of (BES10) with over 30,000 commercial and test servers installed to date, up from 25,000 in September 2013; Company remains a mobile device management leader with global enterprise customer base exceeding 80,000</li> <li><strong>] devices</strong> - mfg agreement with foxconn</li> <li><strong>] QNX</strong> - to unveil new technology in automotive and cloud services at the 2014 International Consumer Electronics Show in January</li> </ol> <li><strong>] BBM</strong></li> <ol> <li>] new features coming to ios and android version</li> <li>] voice, </li> <li>] channels, </li> <li>] location send temporarily</li> </ol> <li><strong>] $</strong></li> <ol> <li>] revenue + in 2016</li> <li>] 100m users</li> </ol></ol> <h2>[when]</h2> <ol> <li>] 2013-12-20</li> </ol> <h2>[reference]</h2> <ol> <li>] <a href="http://ca.blackberry.com/content/dam/bbCompany/Desktop/Global/PDF/Investors/Documents/2013/Q3_FY2014_Press_Release.pdf">http://ca.blackberry.com/content/dam/bbCompany/Desktop/Global/PDF/Investors/Documents/2013/Q3_FY2014_Press_Release.pdf</a></li> </ol> <p> </p>