Friday, March 15, 2013

With Q4 Earnings Two Weeks Out And Stock Dipping, BlackBerry Suddenly Announces Mystery Order Of 1M BB10 Handsets

z10salesBlackBerry issued a press release today that amounts to little more than "Look! We're selling handsets!" The four paragraph release hit the wire at 3:17 ET, and shares (which had been down on the day on the NASDAQ) shot up immediately afterwards. BlackBerry provides no details about who placed the order or why, noting only that it's the single largest purchase order for the devices "in history." And ending the release with a reminder that BlackBerry's fiscal 2013 fourth quarter earnings results will be reported in two weeks time.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/NP0eryuX2J8/

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