BlackBerry may exit smartphone business

BlackBerry makes $670m loss as it considers smartphone exit.

For the three months to end of May, the company reported a $670m (£450m) loss, compared to a $73m profit a year earlier and and a $256m loss in the previous quarter. Although much of the loss was down to restructuring charges, sales also fell to $400m, down 39pc on a year earlier. … BlackBerry has said it will decide whether to stop making phones for good by September.

Published