seriously, how can a stupid app like twitter be more valuable then a company like bbry
with soo many patents, own network, phones, qnx , security, enterprise software, BBM and over 50 million in customer base. BBM alone can overtake twitter value assumption based on first 8h of download!
BBRY has a global customer base of 72 million users. Yet they hemorrhage a billion dollars in a quarter. What's wrong with this picture? Doesn't matter how many customers you have if you can't make money off them.
They lost a billion on the income statement under GAAP but did not lose the billion under cash flow. Look at CFO and CFI vs income statement often income statements can be misleading - I have seen where companies report positive income but are bleeding cash - capex vs dep, etc.