
WHY CHANCES OF BLACKBERRY BEING BOUGHT OUT JUST DROPPED DRAMATICALLY AND NOKIA BUYOUT CHANCES WENT UP $BBRY $NOK $AAPL
After carefully studying BlackBerry’s (BBRY) financial results released this morning and listening to the conference call, my conclusion is that the chances of BlackBerry being bought just dropped dramatically. A major support under BlackBerry shares has been the prospect of a buyout. Unless there is some new information, BlackBerry shares are likely to fall. Here are the highlights of the earnings report: • Revenue $3.1 billion, up 15% sequentially from the previous quarter • North America revenue grows sequentially 30%, APAC revenue grows 35%, EMEA revenue grows 9% • Shipments of 6.8 million smartphones, up 13% sequentially from the previous

