BlackBerry's phone sales cut in half during fiscal fourth quarter

Plenty of news came out of BlackBerry's camp this morning, starting with the release of its fiscal Q4 earnings report. For the period, BlackBerry generated $464 million in revenue, down 30% from last year and well below the $563 million expected by Wall Street. Software and services revenue rose 106% to $153 million. For the year, software and services brought in $527 million. The quarter produced a non-GAAP loss of 3 cents a share. The bottom line net loss for the period was $238 million. The company still had $2.62 billion in cash and investments on the books at the end of the three-month period...
This is a discussion for a news article. To read the whole news, click here


Be the first one to post a comment

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit for samples and additional information.