BlackBerry lost way less money than everyone was expecting it to
BlackBerry lost way less money than everyone was expecting it to
—The net loss disclosed by BlackBerry as part of its second-quarter earnings report earlier this morning. Although this figure looks terrible to the untrained eye, it’s actually positive news for the Waterloo-based smartphone maker. According to the CBC, analysts had expected a far bigger loss. Also, when certain one-time restructuring expenses are excluded from the calculations, the number drops just to $11 million.
