01.04.2016 - BlackBerry report was much worse than expected
Black Berry stated about the growth of net loss to 238 million dollars for the 4 quarter of the fiscal year, compared with a profit of 28 million in the same period last year. Revenue fell nearly 30% to 464 million dollars against 660 million dollars in the previous year. Analysts expected revenue growth to 787 million dollars. The company plans to increase revenue from software and services by 30% in fiscal 2017. It is worth noting that despite the likely drop in prices in the near future, the growth in demand for the company's products with high level of security will maintain interest in the shares of the company this year.