Sunday, December 20, 2015

BlackBerry Reports First Quarterly Revenue Increase in Two Years

A Blackberry sign is seen in front of their offices on the day of their annual general meeting for shareholders in Waterloo, Canada June 23, 2015.

It seems that BlackBerry has finally hit the road to recovery, as it posted its first quarter-on-quarter revenue increase in around 2 years. Although the quarter resulted in a loss, it was of a smaller margin and good enough to send BlackBerry stocks soaring 13. BlackBerry is banking on strong software and hardware sales, part of which is on the BlackBerry PRIV.

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