wraggster
December 21st, 2013, 22:19
Today BlackBerry announced a $4.4 billion loss (http://www.cbc.ca/news/business/blackberry-stock-rises-13-despite-4-4b-loss-1.2471346), and a deal with Foxconn to outsource hardware manufacturing (http://slashdot.org/topic/cloud/blackberry-suffers-another-disastrous-quarter/). One interesting stat is that 75% of sales were actually older BB7 devices (http://news.cnet.com/8301-1035_3-57616170-94/blackberry-ceo-details-survival-strategy/). That said, CEO John Chen says, 'We are very much alive, thank you (http://news.cnet.com/8301-1035_3-57614220-94/blackberry-to-businesses-we-are-very-much-alive-thank-you/).' He adds, 'Our "for sale" sign has been taken down and we are here to stay. BlackBerry recently announced it has entered into an agreement to receive a strategic investment from Fairfax Financial and other institutional investors, which represents a vote of confidence in the future of BlackBerry.
http://mobile.slashdot.org/story/13/12/20/206228/blackberry-posts-44-billion-loss-will-outsource-to-foxconn
http://mobile.slashdot.org/story/13/12/20/206228/blackberry-posts-44-billion-loss-will-outsource-to-foxconn