Featured Articles

Broadwell to be faster than Skylake-S in desktop

Broadwell to be faster than Skylake-S in desktop

Intel will do something that it never did before. It will release two processor generations at once in the desktop space.…

More...
ARM’s signs off on 64 bit ARMv8-A

ARM’s signs off on 64 bit ARMv8-A

British chip designer ARM has just signed off its 50th licensing agreement for its ARMv8-A technology, which includes support for 64-bit…

More...
Intel Business vPro market divided into 7 categories

Intel Business vPro market divided into 7 categories

Just a few years ago we had two market segments for business users. We had desktops and notebooks and now Intel…

More...
GTA 5 will make November release

GTA 5 will make November release

While we have continued to hear that Grand Theft Auto V for the Xbox One, PlayStation 4, and PC will not…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 01 July 2013 13:04

Blackberry hits wall

Written by Nick Farrell



Squashed

Blackberry’s turn around appears to have hit a brick wall and sent its shares into a tailspin. The Waterloo, Ontario-based company said it shipped 6.8 million smartphones in the last quarter, down from 7.8 million during the same period a year ago.

It also posted a loss of 13 cents a share for the quarter when analysts had anticipated profit of 8 cents a share. As a result the shares fell 29 percent which is its biggest loss an over a decade. Shareholders fear that there has been no boost from its new BlackBerry 10 devices, including the Z10 which appeared in February and its Q10, which was released in May.

The company only shipped 2.7 million of its new BlackBerry 10 devices, much lower than analysts had predicted. Analysts have called the reports "dismal" and "disappointing," especially when looking at the outlook for the next quarter. All up thinks are starting to look grim for Blackberry.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments