>>> BlackBerry conference call update

BlackBerry conference call update

  • Shipped new version of BB10 with new anti-theft and security features; company has 2 new releases on schedule
  • Expects $160 mln in GAAP revenue from Good Technology in the first year; targeting 30% cost reductions at Good Technology
  • Co on track to reach $500 mln services and software revenue for the FY
  • Expects to maintain cash balance of $2.5 bln
  • Increases current buyback program by 15 mln shares.