the water cooler
But hey. Is it ever been there this year cozy?
Waterloo BlackBerry seems to approach (haha! * click *). The quarterly results are announced BlackBerry and there is really shit hit the fan. State then hand it was announced a “strategic alliance” with the Chinese prison Foxconn factory.
Friday afternoon Fail Do you
Roni Michaely’s research Firm Heterogeneity and Investor Inattention to Friday Earnings Announcements ? (Download) Turns on when EB’s bad news the world in spades. Turns out the most to happen because you will see with your head at the weekend and let it all go. Along on Friday Unfortunately, that did not go for BlackBerry today: news headlines speak volumes.
One announced today that in this quarter loss of $ 4.4 billion ago (+ $ 14 million last year, $ 965 million loss in 2013 Q2). No joke . But there are also only 1.9 million smartphones sold in Q3, compared to 3.7 million in Q2 and that was dramatic. In addition, the company has taken off of Ebay and there is a big argument and accompanying musical chairs going on in the top of the company. Both should be no surprise.
Afleidingsmaneuvre the BlackBerry’s tactic was apparently bad news and reporting but also just to tell something fun. bee on Friday Help is in the form of Foxonn
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