smartphone maker had a loss of 4,400 million during the three months ended in November. Excluding charges, BlackBerry lost 67 cents per share, worse than analysts expected figure. Sales fell 56% during the year to 1,200 million. The figure was also below the Wall Street consensus.
However, there could be some good news. The BlackBerry’s cash position at the end of the quarter was 3,200 million from 2,600 million in the previous quarter.
BlackBerry also announced a five-year strategy with Foxconn, the largest maker of electronic parts. Under the agreement, Foxconn will manufacture some BlackBerry devices and manage that inventory.
The partnership will focus initially on a Smartphone to Indonesia and other emerging markets. Foxconn is Apple supplier which has drawn attention for the working conditions of its employees in China.
The difficult year BlackBerryThe company started the year with the launch of its highly anticipated BlackBerry 10 operating system. However, their first device with the platform, the Z10 had a weak performance.
The company took a charge of $ 1,000 million to Z10 unsold phones in September, just a week after announcing a cut of 4,500 jobs or 40% of its workforce.
New Mobile
not caught the attention of consumers. The company said Friday it sold about 4.3 million phones in the fourth quarter, but 3.2 million of them were devices that had the previous system BlackBerry 7.
Other terrible newsyear, BlackBerry also said it would seek a buyer for leaving the bag, but it did not work.
Just last month, BlackBerry dropped the plan to sell the company and Thorsten Heins ran to the CEO. John Chen, Sybase exdirigente signature will serve as interim CEO and chairman.
However, Chen faces a difficult task. Experts criticized the company did not focus on business customers. Instead, he tried to replicate the commercial success of Apple and Google.
BlackBerrysaid in September that he would focus on corporate clients and it would reduce the number of devices from six to four. However, some analysts said the move came late.
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