PDA

View Full Version : BlackBerry set to lose two more senior execs as dismal earnings loom



Wireless News
12-16-2013, 08:50 AM
http://l3.yimg.com/bt/api/res/1.2/xDOO9fjKakgIgfvuZgWrPA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/blackberry-sign-423.jpg (http://news.yahoo.com/blackberry-set-lose-two-more-senior-execs-dismal-125011860.html)BlackBerry is expected to report earnings for its November quarter on Friday that show substantial declines across the board. Most significantly, perhaps, the vendor is seen posting a loss of -$0.46 per share compared to a -$0.22 per share loss in the same quarter last year, and it may also once record a massive write-down related to unsold smartphone inventory. As investors wait to hear interim CEO John Chen’s plan to turn things around, some more troubling news has emerged: according to The Wall Street Journal, two more top BlackBerry executives will soon be leaving the company. The paper reports that BlackBerry’s M&A boss-Chris Wormald will be gone by the end of December and Rick Costanzo,-the company’s EVP overseeing global



More... (http://news.yahoo.com/blackberry-set-lose-two-more-senior-execs-dismal-125011860.html)