Bad quarter for BlackBerry - BNR

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The company announced alongside the figures a five-year agreement with Foxconn and goes with that supplier in the first instance a mobile phone for Indonesia and other fast-growing countries making.

Revenue decreased $ 1.6 billion (1.2 billion euros) in the second quarter to $ 1.2 billion in the third quarter. The amount of phones sold almost halved from 3.7 million to 1.9 million units. Blackberry took an accounting charge of $ 4.6 billion for depreciation include inventories and delivery obligations.

Bottom line remained a net loss from continuing operations of $ 4.4 billion or $ 8.37 per share. In the second quarter loss was $ 965 million, or $ 1.84 per share.

In cooperation with Foxconn, which is also the main supplier of Apple, BlackBerry aiming at the launch of a mobile phone in Indonesia early next year. The intellectual property remains in the hands of the Canadian company and the stock, while the Taiwanese company manufacturing new aircraft provides in factories in Indonesia and Mexico.

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