BlackBerry CEO John Chen says the company won't sell the Bold at a loss after striking a new production deal with manufacturer Wistron.
Only 40 percent of the 6.8 million total BlackBerrys sold in the period run on the next-gen platform. That's a number that most on Wall Street regard as disappointing.
"If I cannot make money on handsets, I will not be in the handset business," John Chen tells Reuters.
The struggling mobile device maker may not be able to break even until the end of fiscal 2016, a Canaccord Genuity analyst says.
BlackBerrry revenue has taken a tumble while under a third of BlackBerry phones sold last quarter used BB10.
Seamus takes a look back at some of the big news moments of 2013, from the bubble of Bitcoin to the rubble of the NBN.
Ailing BlackBerry has announced its sales and earnings for Q3 -- and once again, it ain't pretty.
RIM may well have delayed the launch of BB10 and its new range of smart phones, but pictures of two new BlackBerry devices have leaked.
RIM is set up for a triple whammy that may require the company to shed most of its employees just to survive as a niche security device maker.
Thorsten Heins, RIM's CEO, said that users with BB7 devices will not be able to update their operating system to BlackBerry 10.