BlackBerry reports loss of $965 million in fiscal Q2

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 “Z10 inventory charge,” 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…


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Source:GSMArena

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