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BlackBerry posts $4.4 billion loss, outsourcing to Foxconn

iONiUM (530420) writes | about 8 months ago

0

iONiUM (530420) writes "Today BlackBerry announced a $4.4 billion loss, and a deal with Foxconn to outsource hardware manufacturing. One interesting stat is that 75% of sales were actually older BB7 devices. That said, CEO John Chen says "We are very much alive, thank you." as well as "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.""
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