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Blackberry Posts Weaker-Than-Expected Results, Pledges Revenue Gain


Ron Burgundy
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A Blackberry sign is seen in front of their offices on the day of their annual general meeting for shareholders in WaterlooSmartphone maker BlackBerry Ltd reported weaker-than-expected quarterly results on Friday but forecast higher revenue and said it might replace its operating system with Google Inc's Android platform. The Waterloo, Ontario-based company, which is pursuing a turnaround plan based on selling more software, said it expected modest revenue growth in the remaining two quarters of this fiscal year, after nine quarters of falling sales, and a return to profitability in the fourth quarter. This marked a shift away from its own BlackBerry 10 platform that failed to regain market share ceded to Apple Inc's iPhone and a slew of Android-powered devices.




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