Friday September 25, 2015

BlackBerry Posts Weaker-Than-Expected Results

How do you post weaker-than-expected results when expectations were set extremely low to begin with?

The Waterloo, Ontario-based company, which is pursuing a turnaround plan based on selling more software, said it expected modest revenue growth in the remaining two quarters of this fiscal year, after nine quarters of falling sales, and a return to profitability in the fourth quarter. It also confirmed widely expected plans to launch an Android smartphone later this year.