BlackBerry’s downfall illustrated with one devastating chart

Things have been going poorly for BlackBerry for a while now but the past quarter might have been its worst yet. Not only is the company losing money hand-over-fist, but its quarterly revenues collapsed to $1.2 billion, a stunningly low number for a company that was once at the top of the smartphone market. The Guardian’s Charles Arthur has posted a chart tracking BlackBerry’s quarterly revenue over the past several years and the sharp, rapid drop in revenues since their peak in 2011 is truly a sight to behold. What makes this really remarkable is that the company’s revenue collapse only accelerated this year after it released devices based on BlackBerry 10, the mobile platform that was supposed to be

via Tech News Headlines - Yahoo News http://news.yahoo.com/blackberry-downfall-illustrated-one-devastating-chart-231541188.html