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| VIEW EVENT INFORMATION: Blackberry |
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RIM To Miss Earnings Goals After Half A Billion In PlayBook And Outage Charges |
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About the organization Blackberry:
Type: Business
Sub-Types: Telecommunication, Telecommunication Hardware, Telecommunication Software |
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Notable Organizations: Blackberry, Techcrunch
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| RIM has announced that it will be taking over half a billion dollars in charges related to two major failures this fiscal year. First is the immense overproduction of the Playbook tablet, the writedown of which inventory amounted to $485M on its own, or $360M after tax. The second charge is related to the prolonged network outage in early October, though it’s unclear whether that money… |
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