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Blackberry manufacturer Research in Motion (RIM) has reported a quarterly loss, due in part to falling revenues on the back of weak smartphone shipments.
The Canadian company made a net loss for the three months to 3 March of $125m (�78m), compared with a profit of $934m a year earlier.
Revenues fell to $4.2bn from $5.2bn.
The firm also suggested it would refocus on the corporate market rather than on individual consumers.
It also announced the resignation of former co-chief executive Jim Balsillie.
Chief technology officer David Yacht will also be standing down.
Shares in the company fell as much as 9% in after-hours trading following the trading statement. They have fallen by 80% over the past year.
Shipments of BlackBerry smartphones in the quarter fell to 11.1 million, down 21% from the previous three-month period.
Shipments of the company's PlayBook tablets hit 500,000, largely due to substantial discounting.
For the full financial year, the company made a net profit of $1.2bn, down from $3.4bn in the previous year.
The results were worse than analysts had expected and RIM shares fell sharply in after-hours trading. Corporate focus
RIM has struggled to keep up with rivals in the smartphone market, such as Apple's iPhone and handsets running on Google's Android operating system.
It has also struggled to gain a foothold in the tablet market.
Utilizing Pay Day Loans The Proper Way
Utilizing Payday Cash Loans The Proper Way
Have you been caught in the economic jam? Do you need dollars very quickly? In that case, then a pay day loan might be beneficial to you. A cash advance can ensure you have enough money if you want it and for no matter what purpose. Before you apply to get a pay day loan, you ought to almost certainly browse the adhering to article for a few ideas that will help you.
Usually do not let the opportunity for acquiring money rapidly prevent you from making a smart decision. Too many people approach pay day loans as an easy strategy to protect their expenses and wind up in personal debt. You have to consider your final decision very carefully and be sure you can afford to repay your loan.
Some loan companies will advertise that there is not any credit score essential. Even so, you may find you have been refused a credit line as a consequence of a bad credit score. No credit history is not the same as poor credit. Consider this into consideration, before you apply for a loan by way of a payday financial institution.
Some payday loan businesses are participants, or have ratings with Greater Business Bureau. Prior to signing any financial loan documents, contact the higher Enterprise Bureau so you can find out if, any grievances were actually registered from the company. Soon after getting grievances, perhaps you are more well off locating a various business to work with.
The best suggestion accessible for making use of payday loans is usually to never have to use them. In case you are struggling with your debts and are unable to make comes to an end meet,Vernon Davis Jersey, payday cash loans will not be the right way to get back to normal. Consider creating a price range and conserving some money so that you can stay away from these kinds of personal loans,Torrey Smith Jersey.
Usually do not have a loan for just about any greater than you can pay for to repay on the up coming shell out time period. This is a great strategy to enable you to shell out the loan way back in whole. You do not wish to spend in installments since the attention is really great it can make you are obligated to pay far more than you borrowed.
When evaluating a payday loan vender,ray lewis jersey, investigate whether or not they can be a primary lender or perhaps indirect loan provider. Immediate loan companies are loaning you their very own capitol, in contrast to an indirect loan provider is serving as a middleman. The services are possibly every bit as good, but an indirect lender has to obtain their cut also. This means you shell out a greater interest.
The easiest method to handle payday loans is to not have for taking them. Do your greatest to save a little money every week, allowing you to have a something to tumble back on in desperate situations. Whenever you can preserve the cash to have an emergency, you can expect to remove the demand for utilizing a payday advance support.
Mentioned previously just before, if you are in the midst of a monetary scenario the place you need dollars promptly, then a cash advance can be a feasible option for you. Just be certain you remember the suggestions in the write-up, and you'll have a great payday loan quickly.Related Post：
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