BlackBerry pleads for patience after brutal quarter
BlackBerry's "solid ground" just got shakier.
The company on Friday posted a loss in its fiscal first quarter, whereas analysts had projected at profit. Compounding the negativity was the eventual disclosure that it only sold 2.7 million BlackBerry 10 devices in the quarter and saw its subscriber base fall by 4 million to 72 million.
It was a bad day for BlackBerry all around. The surprising and disappointing numbers underscore the continued challenges the company faces as it continues its slow efforts for a recovery. But with losses expected to continue piling up, some are wondering … Read more