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BlackBerry CEO 'very disappointed' with earnings

Washington Post - 28 Sep 2013 02:31
In the face of a dismal earnings report Friday, even BlackBerry chief executive Thorsten Heins struggled to find a silver lining. The beleaguered smartphone maker reported a loss of $965 million during the second quarter and more than $1 billion during the past two quarters. Its revenue tumbled 45 percent, to $1.6 billion, during the second quarter compared with the same period last year. The company also sold an anemic 3.7 million handsets in the quarter. (Rival Apple recently sold more 9 milli...
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