BlackBerry Posts $670 Mn Loss, May Stop Smartphone Biz

Canadian mobile company, BlackBerry has posted ts biggest loss a $670 million in over two years. Although much of the loss was down to restructuring charges, sales also fell to $400 million, down 39 per cent on a year earlier. The company sold just 5 lakh phones globally in the first fiscal quarter - down from six lakh in the previous quarter, IANS report published in Economic Times said. BlackBerry has said it will decide whether to stop making phones for good by September. “The device business must be profitable, because we...

Blackberry Appoints HCL Infosystems As National Distributor

Canadian enterprise software and smartphone maker, BlackBerry has reportedly roped in HCL Infosystems as the national distributor of its enterprise products and solutions in India. According to the Economic Times report, the move to extend the reach to new segments such small and medium enterprises and startups, besides the big enterprises coincides with BlackBerry’s revival strategy under which it is rebuilding its business with main focus on enterprise sales. Under the leadership of BlackBerry India’s managing director Narendra Nayak, the company has built a completely new enterprise-focused team with sales people all...
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