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View Full Version : BlackBerry reverses plunge



Wireless News
06-19-2014, 10:50 AM
http://l.yimg.com/bt/api/res/1.2/vHa64V66Hc3vdRR2IILIHw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/b03a37e18d033a3fbc59d65834362453887eed2c.jpg (http://news.yahoo.com/blackberry-reverses-plunge-141649721.html)Canadian smartphone maker BlackBerry, under new leadership, announced a small profit in a surprising turnaround Thursday, despite a huge drop in revenues. The Waterloo, Ontario-based company reported a slight profit of $23 million in its fiscal first quarter ended May 31, following back-to-back losses. Excluding these items, BlackBerry's adjusted loss was $60 million or 11 cents per share. BlackBerry helped create a culture of mobile users glued to smartphones, but lost its luster as many moved to iPhones or devices using Google's Android software.



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