BlackBerry posts huge loss; shares rise on handset deal – Reuters
CTV News |
BlackBerry posts huge loss; shares rise on handset deal
Reuters TORONTO (Reuters) – BlackBerry Ltd, after giving up on a plan to sell itself last month, reported a massive $ 4.4 billion quarterly loss on Friday as sales of its smartphones shriveled and it booked a huge inventory write-down. Even so, its shares surged 16 … BlackBerry Soars After Hiring Foxconn to Produce Its Smartphones With Huge Losses, BlackBerry Takes a Step Away From Hardware BlackBerry investors look past $ 4.4bn loss |
