BlackBerry Bubbling Under As Revenue Plummets

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Posted 3 years ago

HR

BlackBerry Bubbling Under As Revenue PlummetsThe nightmarish fiscal third quarter saw Blackberry dropping 56 percent in revenue and reporting a $44 billion loss.

Bubbling under, BlackBerry did not make good on trying to find a buyer for the troubled company last month. Several employees in high places have already made the news as being fired from BlackBerry by the new boss, John S. Chen.

The second quarter had a loss of $1 billion as the new line of BlackBerry 10 phones failed to set the world alight, with sales.

Rich Casale

HR

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