Key Numbers in Wake of BlackBerry's $965 Million Loss
by The National Memo on Oct 3, 2013 | Views: 95 | Score: 0
Billions of USD | |
---|---|
Planned buyout to take firm private | 4.7 |
Cash on hand | 2.6 |
Revenue for quarter ending 8/31/13 | 1.6 |
Revenue for quarter ending 8/31/12 | 2.9 |
Debt | 0 |
Sources:
nationalmemo.com
BlackBerry said Friday that it lost $965 million in the past quarter. BlackBerry has said it will cut its workforce by some 40 percent as it seeks to restructure the company. Colin Gillis at the research firm BCG said the results were “startling weak ” and may signal the end for BlackBerry.