BlackBerry surprised Wall Street today with some much better numbers than they were expecting. First of all they grew their cash position to $3.1 Billion from $2.7 Billion last quarter. On top of that the loss per share was $0.11 per share instead of the $0.27 they were expecting. Last but not least they managed to hit margins that were much higher than they were expecting. All three of these signs point to BlackBerry hitting John Chen’s mark of being cash flow positive by the end of the year.
I think @insidernewsb4 summed it up best in his tweet: