The story is simple: BlackBerry has lost nearly half its users in the past year.
Research in Motion said on Thursday that it lost a million BlackBerry owners worldwide during the company’s last financial quarter. The New York Times reports that the company “has other bad news as well, a month before introducing its new BlackBerry 10 phones to the public. Revenue fell 48 percent in the company’s fiscal third quarter, ended Dec. 1, to $2.7 billion from $5.2 billion a year earlier. RIM reported net income of $9 million, down from $265 million last year. The company said that using nonstandard accounting methods to adjust for the tax gain and other pretax charges led to an adjusted net loss of $114 million for the third quarter, or 22 cents per share. Continue reading “Bye-bye Blackberry”