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BlackBerry confirms abysmal second-quarter results

2013-09-27 14:33:06| InfoWorld: Top News

BlackBerry confirmed on Friday its $965 million net operating loss in the second quarter, following low interest in the Z10 smartphone. Revenue for the company's second quarter, which ended on Aug. 31, was approximately $1.6 billion, down 45 percent from the same period a year earlier. Both the operating loss and the revenue were in line with preliminary results released last week.

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