BlackBerry surprised market observers by posting a
The phone maker continues to face challenges as it struggles to stabilize sales. BlackBerry's earnings adjusted to exclude items such as non cash income related to the value of debentures and restructuring charges, resulted in a loss of
The earnings report showed that Chairman and Chief Executive
"Over the past six months, we have focused on improving efficiency in all aspects of our operations to drive cost reductions and margin improvement," Chen said. "Looking forward, we are focusing on our growth plan to enable our return to profitability."
Revenue fell by one percent this quarter to
The company said that retailers and carriers sold 2.6 million phones, whereas wholesale sales accounted for 1.6 million handsets, up from 1.3 million phones. These numbers pale in comparison to
Chen has attempted to make BlackBerry more reliant on enterprise software and pay increased attention to government and corporate clients. This seems to be paying of as software and service sales produced 61 percent of BlackBerry's revenue.
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
SEPTEMBER 2, 2014
|Customer Service||Policy||Advertise||Site Tools|
|HispanicBusiness Services||Editorial Guidelines||Ad Specifications||Magazine Archive|
|List Rental Agreement||About Us||Media Kits||Post Your Event|
|HireDiversity Job Search||Editorial Calendar||Research|
© 2014 HispanicBusiness Inc. All Rights Reserved.