Friday, December 20, 2013

Shares soar Blackberry despite record losses - Economic

Blackberry’s shares soared today after the company’s smartphones have announced that Foxconn will produce its phones in units in Indonesia and Mexico.

This despite the company have revealed a loss of 4.4 billion dollars in the third quarter.

bonds rose 17% after the company’s announcement on Foxconn, a supplier of Apple, and reached $ 7.34 in New York.

With this agreement, the Blackberry can concentrate on the ‘software’ and reduce production costs.

After several years of losing ground to Apple and Google, the Blackberry is now to target for enterprise customers.


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