Blackberry stock is down 1/4 after the company reported loss for the last quarter.
subscriber base reduced by 4 million or 7%. Company shipped 6.8 million phones which was about 13% higher than in previous quarter. What is scary is that Blackberry is losing subscribers; users are leaving Blackberry ecosystem at accelerated pace.
The company remains distant fourth behind Microsoft, Apple and Google. To me it will be interesting for how long the phone maker will continue to exist as in my opinion the market cannot sustain 4 ecosystems, however compatibility with Android helps.
subscriber base reduced by 4 million or 7%. Company shipped 6.8 million phones which was about 13% higher than in previous quarter. What is scary is that Blackberry is losing subscribers; users are leaving Blackberry ecosystem at accelerated pace.
The company remains distant fourth behind Microsoft, Apple and Google. To me it will be interesting for how long the phone maker will continue to exist as in my opinion the market cannot sustain 4 ecosystems, however compatibility with Android helps.
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