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BlackBerry Revenue Drops 64 Per Cent

By TechTaffy Desk

blackberry

BlackBerry reported financial results for the three months and fiscal year ended March 1, 2014. The company reported a 64 percent drop in revenue under its new CEO John Chen, amid layoffs and cost-cutting measures, which included selling off real estate.

BlackBerry says it expects to be cash flow positive or neutral by the end of the current fiscal year, which runs to early March 2015. 

You can find a copy of BlackBerry’s earnings report here.

[Image courtesy: BlackBerry]

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