BlackBerry’s Q2 2015 Results Fall Short, But CEO Chen Touts 200,000 Passport Sales
September 26, 2014 at 08:34 AM EDT
BlackBerry has missed expectations on revenue for Q2 2015, with $916 million in money coming in, which compares to $1.57 billion in the year-ago quarter. Analysts had predicted north of $940 million for the quarter. Expenses were down under Chen’s leadership, with R&D spend dropping from $360 million to $186 million. Sales, marketing and administration also dropped from $527 million… Read More
