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Blackberry surprises all, reports profit

on Mar 27, 2015 | 0 comments

By Nesh Pillay

Blackberry has reported a $28m profit in its most recent quarter, shocking both analysts and investors who had expected the phone company to lose money.

However, it’s not all good news. Blackberry continues to lose both customers and sales – which dropped 32 per cent in the last three months.

Still, the unexpected numbers had executives beaming.

“I am very pleased to announce that our financial house in order,” said Blackberry’s chief, John Chen. “Our financial viability is no longer in question.”

In order to continue on this path, Chen plans to shift the brand’s focus to its software and services among its core Read full story ›

Source: The Drum