Blackberry losses Archives

BlackBerry software successes cause company’s losses to reduce

06/26/201506/24/2015 L. Green

The struggling Canadian handset maker is using its digital revenues to make up for its hardware losses. The BlackBerry software from the Canadian smartphone manufacturer has played an important role in the company’s efforts to climb back into relevance and profitability has the revenue from its digital side has now allowed it to reduce its losses. The software side of the company has proven to be a very powerful one and will be integral to its recovery. In the three month period that came to an end in May 2015,…

BlackBerry recovery plan has now been unveiled

12/27/201312/22/2013 Sam Lambert

Blackberry technology news mobile security BES12 mobile security

Following the announcement of its massive continued losses in the third quarter, the company hopes to get better. Following extremely bad handset sales that have caused losses that were far worse than predicted, a BlackBerry recovery plan is now well in the works and the company is hopeful that it will be able to form a much brighter future for itself. The handsets had once been the leaders in the market and have recently rapidly fallen off the map. The third quarter losses reported by the company for its third…

Blackberry losses reached $4.4 billion in 3rd quarter

12/26/201312/21/2013 L. Green

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The continuing operations of the struggling smartphone manufacturer brought in revenues far below expectations. The latest reports of the BlackBerry losses have shown that this continues to be – by far – the worst year in the history of the smartphone manufacturer, as it has now revealed that in the third quarter of 2013, it lost $4.4 billion. The revenue of the company was considerably lower than expected, at $1.2 billion, that quarter. When compared to last year in the same quarter, the BlackBerry losses were far higher. This was…