Even with production cuts BBRY Z10 writedown to exceed 600 Million.
This quarter alone. Production down to 1 million a month and sales suggest around 300k per month at BEST!
Which means a write down in this quarter of about 2.1 million phones at $250-$300 a piece. The Z10 write down alone could exceed $600 Million!! Then we get to the Q10, Q5 and even the costs of the Z30 build. Cash could be obliterated this quarter including marketing.