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RIM Hires Bankers to Explore Options

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"The company recently revealed

Jellz

May 29, 2012, 4:42 PM
that it may have to write-down $1 billion in unsold BlackBerry smartphones and tablets that remain in inventory."

What exactly does it mean by 'write-down?'
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JBlaze74

May 29, 2012, 4:51 PM
I think they're talking about writing them off as a loss. Hopefully, for their sakes, the total is retail cost and not actual production value
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Andras888

May 29, 2012, 6:36 PM
Not all of retail cost goes back to RIM. So it must be the price they get from their distributors.
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MadFatMan

May 29, 2012, 6:56 PM
Just like the HP talblet with WebOS...

JP Morgan ... Are you serious? Maybe their financial advice works better with Canadian Dollars instead of USD.
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Jarahawk

May 29, 2012, 10:40 PM
I still have my Otterbox from the 64GB unit I returned.
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