Blackberry to Announce Earnings Friday as Investors Brace Themselves

BlackBerry will announce earnings on Friday, and the Street will be watching for any signs of market resurgence as investors brace themselves for substantial losses.
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BlackBerry will announce earnings on Friday, and the Street will be watching for any signs of market resurgence as investors brace themselves for substantial losses. The company is taking deep market share cuts on the handset front. In an effort to reduce exposure, Blackberry entered into a five year deal with Foxconn. Analyst are looking for a return of $0.57 cents a share on $1.1 billion in revenue, which would be a 59 percent change from a year ago.