Sentences with phrase «inventory writedowns»

Not exact matches

That could mean BlackBerry will avoid yet another $ 1 billion writedown of unsold inventory.

Its new line of smartphones fell flat, and earlier this month the company announced 4,500 job cuts and a nearly $ 1 - billion writedown on unsold inventory.

This follows the recent confirmation by the beleaguered platform and hardware developer that it will be taking steps to write down up to a staggering US$ 1 billion in unsold inventory across its current North American product line, which follows a similar writedown taken late last year for $ 400 million in unsold PlayBook inventory, which culminated in the short - term fire sale to employees and consumers while raising serious concerns regarding RIM's capability to sell the previously noncompetitive tablets.