BlackBerry continued losses, revenues decreased 64%

Although revenue fell but CEO John Chen is quite satisfied with the evolution of the BlackBerry thanks to lower losses.

• Cooperation with BlackBerry phone maker Foxconn below $ 200

Revenue last quarter as of 01.03.2014 of the BlackBerry reached about 976 million, down 64% from $ 2.7 billion in the same quarter last year.However, compared with $ 4.4 billion loss in the third quarter, the $ 423 million loss in the fourth quarter is a positive signal for the telephone company, "Beam-law".

BlackBerry 10 platform is expected to revive the old BlackBerry but these models have better sales. The fourth quarter of the past, BlackBerry sold about 3.4 million devices of which about 1.1 million phones running the new operating system. While last year, the Canadian telephone company sold 6 million smartphones.

CEO John Chen said he was quite satisfied with the change of BlackBerry under the plan proposed. In the future, the company will expand the BlackBerry 7 platform, BBM messaging service, enterprise segment and launch new devices. Objectives of the BlackBerry have reached profitability in 2016, he shared.

At MWC 2014, the BlackBerry has launched the Z3 with 5-inch screen running version 10.2.1, priced under $ 200. In addition the company also introduced the QWERTY keyboard BlackBerry Q20 with distribution expected by the end of the year. This is considered as the BlackBerry device to help improve market share through attractive pricing.

BlackBerry says it has $ 2.7 billion in cash through short-term investments and long-term. 3/2014 last month, the company signed an agreement to sell approximately 28 acres of real estate in Canada to focus resources for business economics.

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