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  • BlackBerry's (BBRY -1.1%) FQ4 gross margin improvement is sustainable, argues Morgan Stanley's Ehud Gelblum after reviewing the company's 40-F. Gelblum, who upgraded BlackBerry ahead of its FQ4 report, notes 460 bps of the FQ4 improvement came from lower license amortization, which he thinks is the result of more favorable deals with suppliers. Meanwhile, the fact the 40-F indicates license amortization will average $300M/quarter in FY14 (up from $202M in FQ4) leads Gelblum to think BlackBerry expects its unit shipments to average 10M/quarter, up from FQ4's 6M. [View news story]
    Thank you for asking.
    My comment is from experience. No, not like an analyst. I experienced the love affair that people had with their favorite new toy, the never to be forgotten "Blackberry." Now they have the chance to have it back. What would you do? Buy,buy, and buy some more of Blackberry's stock.
    Apr 10, 2013. 08:58 PM | 2 Likes Like |Link to Comment
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