After another poor quarter, with worse than expected losses, BlackBerry pins its hopes on a new Android handset called Priv.
BlackBerry has confirmed its latest effort to turn its fortunes around – a new phone called Priv that runs on the Android operating system.
As well as the radical departure from its own operating system, the new handset will feature an 18-megapixel camera.
The troubled firm’s phones have previously been criticised for the quality of their cameras.
BlackBerry, which at its peak was the third biggest manufacturer in the market, has been struggling to compete as Apple, Samsung and other smartphone makers have come to dominate the market.
The Ontario-based phone company – formerly known as Research In Motion – reported a loss for the three months to 29 August of $84m (£55m), far worse than the $58m (£38m) loss that analysts had expected.
However, BlackBerry boss John Chen suggested the worst may now be behind them, saying: “We anticipate modest sequential revenue growth in each of the remaining quarters of fiscal 2016.”
In the last year BlackBerry sales in Europe, the Middle East and Africa have nearly halved with sales in the second quarter falling 55% to $202 (£133m).
Shares in the company were 3.5% lower in early trading. They have lost a third of their value in the last 12 months.
Source: Sky News