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Published: 2013-12-21T08: 31:00
Photo: Ap advanced BlackBerry phone maker on Friday reported a huge quarterly loss due to adjustments in the value of its assets and amortization charges of inventories, which caused its shares fall more than 6 percent.
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The company, which abandoned an attempted sale last month, reported a net loss of 4.400 billion, or $ 8.37 per share, for its third quarter ended November 30. That compared with a profit of $ 9 million, or 2 cents per share, in the previous year.
Excluding extraordinary items
, the company reported a loss of $ 354 million, or 67 cents per share.
Your income fell to 1.190 million from 2.730 million due to increased uncertainty about the fate of the company severely affected sales.
The company said it agreed on a five-year partnership with Foxconn Technology Co Ltd to develop and manufacture a phone to Indonesia and other fast-growing markets.
BlackBerryTO-based in Waterloo, Canada, pioneered the concept of e-mail access from a smartphone and for years his “beeper” and mobile devices were essential for political and business leaders.
However, in recent years the company has ceded market share to the advancement of the Apple iPhone and a massive range of smartphones with the Android operating system of Google.
A new line of devices that operate with the BlackBerry 10 operating system has failed to regain market share, which led the company to consider a possible sale earlier this year.
Last month, BlackBerry abandoned the sales process and opted to try to get close to 1000 million of its main shareholder and other institutional investors to try to revive and change your luck.
advanced BlackBerry phone maker on Friday reported a huge quarterly loss due to adjustments in the value of its assets and amortization charges of inventories, which caused its shares fall more than 6 percent.
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