inventory

Another BlackBerry inventory write down?

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BlackBerry Bold 9900 Box

Bloomberg's Hugo Miller wrote a story today that pretty much says RIM will be taking another inventory write down when the company reports Q1 results later in June. According to the Bloomberg piece, lots of analysts see the risk of a write down because RIM still carries more inventory today than it did last year. And that's unusual for a company going through a sales decline (even if the decline ends up being temporary, which is open to much debate).

RIM has over a billion dollars of inventory on hand and a whole bunch of inventory they've previously written down over the last two quarters. Remember in Q3 when the firm wrote off $485 million of BlackBerry PlayBook inventory and then in Q4 it wrote off $267 million of (mostly) BlackBerry 7 inventory?