Blackberry posts first quarter loss as company continues revival
euronews (in English)
2015-06-23
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Blackberry has posted adjusted first quarter losses, while revenue fell below expectations.
The phone maker beloved by the US president lost 5 US cents a share down from 11 US cents a year earlier.
Company revenue fell from $966m last year to $658m for the same period in 2015.
Blackberry has had a difficult year with shares losing some 16 percent in contrast to the fortunes of the Apple iPhone, which has seen shares jump some 15 percent.
The phone maker beloved by the US president lost 5 US cents a share down from 11 US cents a year earlier.
Company revenue fell from $966m last year to $658m for the same period in 2015.
Blackberry has had a difficult year with shares losing some 16 percent in contrast to the fortunes of the Apple iPhone, which has seen shares jump some 15 percent.
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