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Blackberry Loses 1 Million Customers

Blackberry announced today that they lost 1 million Blackberry owners and their revenue dropped by 48% last quarter.  This is the largest decline since the company has come into existence.  The company is throwing everything into one basket, Blackberry 10 devices, in a hope to salvage what is left.

“We believe the company has stabilized and will turn the corner in the next year,” Thorsten Heins, the chief executive, said in a conference call with analysts. “We are realistic about our competitors, but we know that customers in this industry demand and respond to innovation.”

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