Updated Mar. 28, 2014 at 10:21 a.m.

Premium Lock BlackBerry revenue dips under $1B, but losses are less than expected

Published: 2014-03-28 10:06:00
Updated: 2014-03-28 10:21:56

The Z10 The Z10 (BlackBerry image)

BlackBerry reported a steep drop in profit and revenue Friday as it transitions from a smartphone company to a software business under its new chief executive. Shares rose five percent in morning trading as CEO John Chen cut expenses quicker than expected....

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