BlackBerry staggers to a deeper, $4.4 billion loss

  • by: IAN AUSTEN , New York Times
  • Updated: December 20, 2013 - 9:46 PM

OTTAWA – BlackBerry, the hobbled smartphone maker, reported more dire financial news Friday, posting a $4.4 billion loss and a 56 percent drop in revenue in its latest quarter. The company also outlined a sharp retreat from its once-core handset business by entering a partnership with the Asian contract manufacturer Foxconn.

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