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BlackBerry reports $670 mn loss, may exit smartphone business

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BlackBerry reports $670 mn loss, may exit smartphone business

London: BlackBerry, the Canadian mobile company sold just 5 lakh phones globally in the first fiscal quarter – down from six lakh in the previous quarter – reporting a $670 million loss which is its biggest loss in over two years.

Although much of the loss was down to restructuring charges, sales also fell to $400 million, down 39 per cent on a year earlier, The Telegraph reported on Friday.

“I really, really believe that we could make money out of our device business,” BlackBerry CEO John Chen told financial analysts during a conference call.

Last year, BlackBerry tried to revive its handset business by launching Priv smartphone running Google’s Android operating system (OS). However, early sales figures have been disappointing.

BlackBerry has said it will decide whether to stop making phones for good by September.

“The device business must be profitable, because we don’t want to run a business that drags onto the bottom line,” Chen said at BlackBerry’s annual meeting. “I don’t personally believe handsets will be the future of any company,” Chen added.

“Our software business continues to achieve scale and traction, resulting in robust growth and increasing market share,” Chen was quoted as saying in CNET report.

BlackBerry recently announced its partnership with HCL Infosystems to expand the channel and distribution network for BlackBerry enterprise software products and services in India.

“By working with an established partner like HCL Infosystems in India, we aim to create growth for our partners while giving our customers wider access to our leading suite of enterprise solutions with world-class support, helping organisations advance their mobility strategies,” said Richard McLeod, Vice President, Global Channels at BlackBerry, in a statement.

It is not just WhatsApp that decided to end support for BlackBerry OS 10 services by the end of 2016, Facebook too is leaving the BlackBerry platform after announcing recently to discontinue support of its application programming interfaces (APIs) for BlackBerry.

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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