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BlackBerry pleads for patience after brutal quarter

BlackBerry’s “solid ground” just got shakier. The company on Friday posted a loss in its fiscal first quarter, whereas analysts had projected at profit. Compounding the negativity was the eventual disclosure that it only sold 2.7 million BlackBerry 10 devices in the quarter and saw its subscriber base fall by 4 million to 72 million. It was a bad day …

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BB10 fails to turn a profit as BlackBerry posts £55m loss

The introduction of its new operating system earlier this year hasn’t helped BlackBerry to conquer its financial struggles, with the Canadian phone-maker announcing a surprise $84m (roughly £55m) loss for the three months up to 1 June. While BlackBerry says that smart phone sales are up 13 per cent since the previous quarter, that clearly isn’t earning the company enough …

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