BlackBerry reports loss as smartphone sales keep sliding

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    Anonymous

    Technology News

    A man walks by a Blackberry sign at the Blackberry campus in WaterlooTORONTO (Reuters) – BlackBerry Ltd reported a quarterly loss on Friday as smartphone sales continued to slide across all regions. The Waterloo, Ontario-based company reported a net loss of $423 million, or 80 cents a share, for the fourth quarter ended March 1. That compared with a year-earlier profit of $98 million, or $19 cents a share. Revenue fell to $976 million from $2.68 billion. (Reporting by Euan Rocha, Allison Martell and Leah Schnurr; Editing by Lisa Von Ahn)


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