Sentences with phrase «losing handset business»
BlackBerry Ltd. said on Tuesday it will stop making its Classic model, raising further doubts about the future of the smartphone pioneer's money - losing handset business as the company shifts its focus to software.
https://www.entrepreneur.com/
His goal right now is to stabilize the money - losing handset business, and he said on the call that he would be happy to just break - even on hardware.
Not exact matches
With the news last week that Nokia lost $ 1.9 billion last quarter and rumors of bankruptcy swirling around them, I am more convinced then ever that Microsoft will buy at least Nokia's handset business.
Sales of its smartphones peaked a few years back and since then the company has been losing money in the mobile handset business.
Most telling, it was revealed Motorola lost $ 384 million for Google during the quarter, showing the handset business continued to be a dagger in Google's side.