BlackBerry announced Friday a third-quarter loss of $4.4 billion, a stunning freefall from the loss of $965 million suffered in the second quarter of this year. Revenue also tumbled, nestling in at $1.2 billion, down from $1.6 billion in the prior quarter. BlackBerry managed to sell only 1.9 million smartphones last quarter, an ugly decline from the 3.7 million sold in the previous quarter. And talk about a vote of no confidence: The company said that "most of the units" that generated revenue were older BlackBerry 7 designs, not the newer BlackBerry 10 devices that had been front and center in its revival efforts.
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