It seems that John Chen's plans to transform BlackBerry and bring it back on its feet might be working just fine for the former giant. The Ontario-based manufacturer today released its financial report for the quarter that ended on August 30, and according to it, BlackBerry has seen less losses that initially expected. The net loss for the latest three fiscal months is $207 million, times less than the $965 million that it lost just a year ago. The revenue, one of the most vital financial stats, was $916 million during the second quarter of BlackBerry's fiscal 2015, down from the $966 that ...
Friday, 26 September 2014
BlackBerry once again reports smaller losses, sells less phones, but shares go up
It seems that John Chen's plans to transform BlackBerry and bring it back on its feet might be working just fine for the former giant. The Ontario-based manufacturer today released its financial report for the quarter that ended on August 30, and according to it, BlackBerry has seen less losses that initially expected. The net loss for the latest three fiscal months is $207 million, times less than the $965 million that it lost just a year ago. The revenue, one of the most vital financial stats, was $916 million during the second quarter of BlackBerry's fiscal 2015, down from the $966 that ...
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