Cable / Telecom News

6.8 million devices shipped, revenue up, but BlackBerry posts loss, doesn’t break out BB10 numbers

WATERLOO – Canadian mobile icon BlackBerry this morning reported first quarter revenue of $3.1 billion, up 15% sequentially from the previous quarter, on shipments of 6.8 million smartphones, a 13% increase over Q4 of its last fiscal year. North American revenue grew 30% over Q4, while Asia-Pacific revenue rose 35%, and the European region revenue grew 9%. However the company reported a quarterly loss of $84 million on the results (not what analysts were hoping, but quite a bit better than the $510 million loss the company reported in Q1 last year). Latin America revenue declined 6% as Venezuela foreign...