Blackberry shares plunge after $84m first-quarter loss

[Terpe]

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.

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[Lyonresh]

I think that Apple are losing ground with their poor battery performance much as the phone is so amazing. Blackberry is starting to pick up may disillusioned users who see their battery life make their phone an ornament. Im sure however that Apple will remedy this in the coming years.

[Terpe]

I wonder if Apple will ever consider changeable batt pacs.