It may not have seemed possible, but the news keeps getting worse for BlackBerry.
The staggering mobile phone maker announced Friday a third-quarter loss of $4.4 billion, a stunning freefall from the loss of $965 million suffered in the second quarter of this year. Revenue also tumbled, nestling in at $1.2 billion, down from $1.6 billion in the prior quarter.
BlackBerry managed to sell only 1.9 million smartphones last quarter, an ugly decline from the 3.7 million sold in the previous quarter. And talk about a vote of no confidence by customers: the company said … Read more