The company posted a massive $4.4 billion loss on revenue of just over $1 billion today. The loss also included yet another write-down on unsold BlackBerry 10 smartphones, this time for $1.6 billion.
Mark Blinch / Reuters
After failing to sell the company, BlackBerry once again reported a huge loss today that included a $1.6 billion reduction due to unsold smartphones.
The company reported revenue of about $1.2 billion, compared to $2.7 billion in the same quarter a year earlier. Since the launch of BlackBerry 10 and the company's BB10 smartphones, it has basically seen its business evaporate — including a $1 billion write-down earlier this year on BlackBerry 10 smartphones.
More importantly, some of BlackBerry's biggest businesses have seen a massive drop-off, including revenue from Europe, Middle East and Africa (shortened to EMEA in industry parlance).
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