TORONTO – BlackBerry suffered losses of 4,400 million in the third quarter, but expressed hopes of better results in the future by announcing a deal with electronics manufacturer Foxconn .
BlackBerry gross income was $ 1,200 million, a decrease of 56% compared to the same period last year.
is the first financial report BlackBerry since John Chen took the reins as CEO of the company.
BlackBerry also announced that will begin a five-year partnership with Foxconn, a leading manufacturer of electronic products in the world. BlackBerry Foxconn help in developing new products and designs, and also manage their inventory.
losses from current operations was $ 354 million, about 67 cents per share. According to a survey by FactSet, analysts anticipated loss of 43 cents per share, calculating gross revenues amount to 1,660 million.
Chen said that the company “is quite energized” but that the sector will focus on programming rather devices sector.
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