BlackBerry announces loss of $ 965 million in Q2 - EXAME.com

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BlackBerry: Canadian manufacturer of cell injury records in the second quarter of fiscal 2014

São Paulo – BlackBerry , a Canadian maker of mobile phones, there is a phase bleak. After signing, earlier in the week, a letter of intent to sell, the company confirmed a loss of 965 million dollars in the balance of the fiscal second quarter ended in August.

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According

statement, net of the semester totaled approximately $ 1.6 billion, down 45% compared to the result of the same period in fiscal 2013, quoted at 2.9 billion dollars.

During this period the company sold about 5.9 million smartphones BlackBerry worldwide.

note, Thorsten Heins, president and CEO of the BlackBerry, said the company is very disappointed with the operating and financial results. “We will announce a number of changes to address the competitive hardware environment and improve the structure of our costs.”

Heins also ensured that the company will continue to be a financially strong with $ 2.6 billion in cash and no debt. “We are focused on the market in which we operate and are committed to make the company more focused and efficient,” he explains.

Crisis

To prevent the crisis surrounding the company gets even worse, the BlackBerry and Fairfax Financial consortium signed an agreement of intent, in which Fairfax was willing to purchase it. At the moment, the company goes through due diligence, audit that occurs before a corporate action, such as buying and selling.

Sources consulted by The Wall Street Journal reported last week that the company can dismiss 40% of employees by the end of this year. However, Adam Emery, a spokesman for the company, declined to comment on the case, unless the BlackBerry go through the second phase of its transformation plan, which motivate organizational changes.