BlackBerry’s third-quarter revenue was $1.2-billion. This was the company’s third-straight year of declining revenues in the quarter, year-over-year, after reaching a peak of $5.5-billion in 2010. According to ABI Research, BlackBerry now accounts for just 1.5 per cent of the global smartphone market share.
Profit and loss
BlackBerry posted net losses of $4.4-billion for the third consecutive quarter. The company’s net income first went into the red in the fourth quarter of its 2012 fiscal year, with losses of $125-million.
Net income (loss), millions
SOURCE: Blackberry Ltd. financial statements
BlackBerry’s shares have sat at less than $10 on the Toronto Stock Exchange since September of this year. The company’s stock price hit a peak of $241 per share in 2007.
Story continues below advertisement