Mar 31
![BlackBerry Will Continue To Bleed Money For Two Years [Analyst]](https://i0.wp.com/cdnrss.ubergizmo.com/wp-content/uploads/2013/10/BlackBerry-Logo.jpg?resize=640%2C423 "BlackBerry Will Continue To Bleed Money For Two Years [Analyst]"){kind=logo}
Since the top job was handed to John Chen, BlackBerry has taken a number of extreme measures to cut down the rate at which it has been burning through cash. The company has been posting losses quarter after quarter, so it really needs to tighten the belt. It has sold off a huge chunk of real estate to raise money and has continued downsizing. Despite that, in the final quarter of fiscal 2014 ending March 1, BlackBerry posted a $423 million loss with revenue dipping 64 percent as compared to the same time last year, to just $976 million.
BlackBerry Will Continue To Bleed Money For Two Years [Analyst] original content from Ubergizmo. 
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