Terpe
29th June 2013, 17:27
Shares in smartphone maker Blackberry have dived after it reported an $84m (£55m) loss for the three months to 1 June.
The figure was better than the $518m loss for the same period last year, but much worse than analysts' forecasts.
The company, based in Ontario, Canada, also said it would post an operating loss for the next quarter running to September.
Blackberry shares closed down 28% in New York.
Shipments of new smartphones increased, but Blackberry, which used to be called Research In Motion, did not release how many new handsets running the BB10 operating system were sold in the quarter.
Read more here (http://www.bbc.co.uk/news/business-23097579)
The figure was better than the $518m loss for the same period last year, but much worse than analysts' forecasts.
The company, based in Ontario, Canada, also said it would post an operating loss for the next quarter running to September.
Blackberry shares closed down 28% in New York.
Shipments of new smartphones increased, but Blackberry, which used to be called Research In Motion, did not release how many new handsets running the BB10 operating system were sold in the quarter.
Read more here (http://www.bbc.co.uk/news/business-23097579)