Showing posts with label Loss. Show all posts
Showing posts with label Loss. Show all posts

Friday, March 30, 2012

Blackberry maker posts $125m loss

Blackberry manufacturer Research in Motion (RIM) has reported a quarterly loss, due in part to falling revenues on the back of weak smartphone shipments.
The Canadian company made a net loss for the three months to 3 March of $125m (£78m), compared with a profit of $934m a year earlier.
Revenues fell to $4.2bn from $5.2bn. The firm also suggested it would refocus on the corporate market rather than on individual consumers.



Read more: BBC News

Wednesday, December 28, 2011

U.S. lost another Drone In Afghanistan

[ via Business Insider ] 27 Dec

After the loss of two drones recently in Iran and Seychelles, now Afghan officials say an American reconnaissance drone has crashed in Afghanistan's southeastern province of Paktia, Press TV reports. 
Debris of Predator drone near Paktia, Afghanistan (Photo: BBC Pashto)
Spokesman for the Taliban Zabiullah Mujahid claims his group shot the drone from the sky, saying the Taliban have shot down several aircraft over Afghanistan this year.Although NATO claims the loss due to 'technical fault.'



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