Friday, December 20, 2013

"Doomed" BlackBerry manages to add $600 millions to cash reserves in losing quarter

Everybody should have losing quarters like this.

Reuters is running with the "doomed" trope for now. Other news headlines feature "staggering losses" and "huge losses". Investors must be going with that last paragraph on the press release instead of the news headlines; BlackBerry stock is up 15% on the day.

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