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BlackBerry confident in roadmap as revenues fall 56% in Q3
2013-12-20 15:48:00| Telecompaper Headlines
(Telecompaper) BlackBerry reported revenues at USD 1.2 billion for the third quarter to end November, down 24 percent from Q2 and 56 percent from the year before. The revenue breakdown for the quarter was around 40 percent for hardware, 53 percent for services and 7 percent for software and other revenue. CEO John Chen said the company has established a roadmap that will allow it to target a return to improved financial performance in the coming year. The CEO added that that the company's Enterprise Services, Messaging and QNX Embedded businesses were already well-positioned to compete in their markets and that the most immediate challenge was how to transition the Devices operations to a more profitable business model. The company recognised hardware revenue on 1.9 million BlackBerry smartphones, compared to 3.7 million in Q2. Most of the units recognised were BlackBerry 7 devices. During the quarter, around 4.3 million BlackBerry smartphones were sold through to end customers. The GAAP loss from continuing operations was USD 4.4 billion, or USD 8.37 per share diluted, including a one-off pre-tax impairment charge of USD 2.7 billion, a pre-tax inventory charge of USD 1.6 billion, and pre-tax restructuring charges of USD 266 million related to the company's CORE programme and its strategic review process. This compares with a GAAP profit from continuing operations of USD 14 million, or USD 0.03 per diluted share the year earlier. The adjusted loss from continuing operations reached USD 354 million, or USD 0.67 per share diluted. For the fourth quarter, BlackBerry said it will maintain its strong cash position and further reduce operating expenses as it continues to implement its previously-announced cost reduction programme.
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Leaked AMD roadmap shows Excavator arriving in 2015 and possibly the end of AMDs big-core x86 business
2013-12-03 23:02:49| Extremetech
A new AMD roadmap leak claims to show the company's upcoming Excavator processor and a new set of product plans through 2015.
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H&M sets out roadmap to a fair living wage
2013-11-26 14:44:00| Daily apparel & textile news and comment - from just-style.com
Frustrated by slow progress towards the process of implementing fair living wages in the apparel supply chain, Swedish fashion retailer Hennes & Mauritz has decided to take matters into its own hands.
AMDs 2014 roadmap: A hazy future for desktop x86 chips as AMD doubles down on ARM
2013-11-19 13:30:14| Extremetech
AMD has released a new series of roadmaps covering its product introductions for 2014. The results are mixed, with some areas seeing major updates, while others will hold to 2012-era products.
FAA Releases Unmanned Aircraft Systems Integration Roadmap Also Finalizes Privacy Policy for ...
2013-11-07 06:00:00| Industrial Newsroom - All News for Today
FAA released its first annual roadmap outlining efforts needed to safely integrate unmanned aircraft systems into nation's airspace. Roadmap addresses current and future policies, regulations, technologies, and procedures that will be required as demand moves the country from today’s limited accommodation of UAS operations to extensive integration of UAS into NextGen aviation system in the future. FAA plans to select 6 UAS test sites to begin work on safely integrating UAS into ...This story is related to the following:Trade Associations
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