RIM Hires Bankers to Explore Options
"The company recently revealed
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?'
What exactly does it mean by 'write-down?'
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
...
