BlackBerry Shrinks Its Loss - Presented by: The Aol. On Network

Massive cost cutting at BlackBerry helped the ailing smartphone pioneer sharply shrink its quarterly loss. Under CEO John Chen, the company has sold real estate, laid off workers, and outsourced phone manufacturing. He says he's one quarter ahead of schedule from hitting his cost cutting targets. And he expects the company to break even by the end of next year.



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