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ExclusiveLast week at The Fonecast: 23rd September 2013

Mark Bridge writes:

There are bad weeks... and there are BAD weeks. Blackberry had one of the latter. It all started so well. The company announced a new flagship phablet – the Z30 – and said it would be launching its BBM instant messaging service for iOS and Android handsets at the weekend.

BlackBerry warns of major job cuts and operating loss

ExclusiveBlackBerry warns of major job cuts and operating loss

Yesterday BlackBerry announced its preliminary quarterly results and also provided an update on its plans for the business.

It says it’s expecting to make a loss of between $950 million to $995 million (up to £621 million) in the past quarter, with most of this value being written-off due to poor sales of the Z10 smartphone.

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