We’ve seen a number of promising signs for BlackBerry (BBRY) lately and now Goldman Sachs analyst Simona Jankowski has delivered one of the more bullish projections for the company that we’ve heard in recent weeks. Per Barron’s, Jankowski projects BlackBerry has sold 500,000 BlackBerry 10 smartphones over the past quarter and will sell between 2 million to 3 million per quarter for the rest of 2013. This doesn’t mean the company is poised to become profitable again this year, of course, and Jankowski still projects the company to report a quarterly loss of $0.23 per share later this month. However, she does think that BlackBerry will roar back to profitability in 2014, when she expects the company will post revenues of $13.53 billion and a profit of $0.12 per share.
This article was originally published on BGR.com
- Investment & Company Information