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BlackBerry reports loss of $965 million in fiscal Q2

Started by DP, September 28, 2013, 09:01:13 AM

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DP

BlackBerry reports loss of $965 million in fiscal Q2

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/newsimg/13/09/blackberry-q2-losses/thumb2.jpg" width="70" height="92" hspace="3" alt="" border="0" align=left style="background:#333333;padding:0px;margin:0px 4px 0px 0px;border-style:solid;border-color:#aaaaaa;border-width:1px" /> <p>It's no secret that BlackBerry isn't doing too well, but no one knew just how bad until the company's  just-released fiscal Q2 report. It highlights a whopping $935 million loss on the BlackBerry Z10.



The &quot;Z10 inventory charge,&quot; a clever way to say that the device simply isn't selling, is enough to almost wipe out the listed $1.6 billion revenue. When combined with  the corporate...</p>

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