[Reuters] BlackBerry confirms deep loss and revenue drop

Posted by: UGN Security

[Reuters] BlackBerry confirms deep loss and revenue drop - 09/27/13 09:48 AM

TORONTO (Reuters) - BlackBerry Ltd reported a quarterly loss of nearly $1 billion on Friday, in line with a warning it gave last week, just days after the smartphone maker accepted its largest shareholder's tentative $4.7 billion bid to take it private.