Blackberry endures bigger-than-expected losses

Blackberry endures bigger-than-expected losses

Smartphone firm Blackberry posted a bigger-than-expected second-quarter loss on Friday of US$66m, as revenues slumped by 46% to $490m.

The Canadian firm has struggled to compete with larger rivals such as Samsung and Apple.

Blackberry agreed to buy rival US mobile software maker Good Technology for $425m earlier this month, as it moves its focus away from consumer devices towards software management for businesses.

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