Friday, September 27, 2013

Blackberry: $ 965 million loss - Republic

Canadian manufacturer of the BlackBerry reported in the second quarter of this financial year, a loss of 965 million U.S. dollars.

loss per share of the company stood at 1.84 dollars.

Representatives of the group informed last week that the company will record a second quarter operating loss of about $ 1 billion, due to poor sales. The company also announced release 4.5 thousand. people. Last year, BlackBerry has five thousand. people.

Canadian manufacturer initially agreed to take over the company for 4.7 billion dollars. by a consortium of Fairfax Financial as a leader. Fairfax Financial Holdings agreed to pay nine dollars. for each share of not having yet manufacturer of smartphones. Fairfax is about 10 percent. BlackBerry shares and is the largest shareholder of the company.

Canadian manufacturer of losing the battle with Apple and Samsung for smartphone market. The company’s revenue in the second quarter fell by as much as 45 percent. to 1.6 billion dollars. compared to 3.1 billion dollars. in the same period last year.

Recently, another loser in the direction of smartphones, the Finnish Nokia, sold its mobile manufacturing unit at Microsoft.

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