BlackBerry has lost money in five of its last seven quarters; last year, the company lost $646 million. Last quarter alone, operating losses totaled nearly $1 billion mostly because of a massive $930 million to $960 million write-down of BlackBerry Z10 inventory. But all of this red ink is not necessarily bad for the Canadian based company...Source: http://www.phonearena.com/news/BlackBerry-might-be-saved-by-the-red-ink-it-has-recently-spilled_id49123
