BlackBerry turns in loss

BlackberryCanadian company BlackBerry said it made a loss for its financial second quarter.

It reported a quarterly loss of $66 million with revenues falling to $490 million in the quarter.

Analysts had expected that BlackBerry would turn over $610.6 million in the quarter.

Earlier this month, BlackBerry bought Good Technology in a bid to increase its market share in services.

The firm still remains committed to releasing smartphones and will release a phone later this year using the Android OS called Priv.

BlackBerry’s plan to turn its fortunes round depends on whether it can make more money from the services business.