BlackBerry can’t catch a break. Shortly after Morgan Stanley told its clients that BlackBerry’s new lineup of smartphones is severely underselling, analysts are now predicting the company’s worst three-month sales performance since 2006, reports Financial Post.
According to the report, BlackBerry is expected to announce $790 million in revenue during the quarter ending February 28. This represents a 20 percent decrease from the same fiscal period last year, the worst sales number in almost a decade. As such, it is also expected to fall into the red.
Even though this isn’t anywhere near a death knell, the expected figures bring into question the company’s foray into the hardware space. As previously mentioned, Morgan Stanley estimated as few as 6,000 BlackBerry Classic and Passport smartphones have been sold combined, though that figure is up for debate.
If the company is indeed doing as bad as analysts predict, BlackBerry doesn’t appear to be too phased by the news. The Waterloo company recently unveiled its latest all-touch smartphone, the BlackBerry Leap, during MWC 2015. BlackBerry also teased a two-screen slider phone simply called “the Slider.”
We’ll find out what BlackBerry’s numbers are Friday, when BlackBerry CEO John Chen makes the conference call.
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