BlackBerry Lost Nearly $1 Billion In The Last Quarter - Presented by: The Aol. On Network

BlackBerry confirmed a group loss of $965 million for the second quarter. The company?s revenue almost halved, to $1.6 billion, while its cash pile also fell by $500 million to $2.57 billion. It had sold 5.9 million smartphones in the quarter, less than the number of new iPhones Apple sold just last weekend.



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