Friday, December 20, 2013

Blackberry sells just 1.1 million BB10 devices in Q3 as revenues crash


Troubled BlackBerry has just posted its financial results for Q3 2013, and they're not pretty. The company's revenues reached just $1.2 billion over the quarter ended November 30th, down an enormous 56 percent from last year's $2.7 billion.


The Canadian manufacturer's problems are compounded by the continued poor performance of its next-generation smartphone platform BB10. The company managed to sell 4.3 million smartphones to customers last quarter, which in itself an extremely low figure, but the company reveals that only 1.1 million of those phones were running BB10.


Despite the losses, BlackBerry's recently hired CEO John Chen says the manufacturer has a "commitment to the device market for the long-term," and a "determination to...


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via The Verge - All Posts http://www.theverge.com/2013/12/20/5229822/blackberry-q3-2013-financial-results

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