By Natalie Gagliordi for Between the Lines | June 23, 2017 -- 14:02 GMT (07:02 PDT) | Topic: Mobility How Amazon's Whole Foods purchase could solve its grocery supply chain puzzle A drop in orders from BlackBerry's enterprise customers contributed to lower than expected sales in the company's software and services business.
The Waterloo, Ontario-based company received 3,000 orders from enterprise customers in the first quarter, below the 3,500 orders received in the previous quarter.
As for the numbers, BlackBerry reported a Q1 profit of $671 million, or $1.23 a share, on revenue of $235 million, down from $400 million a year ago.
Our financial foundation is solid." BlackBerry and Qualcomm had agreed to arbitrate a contract dispute over whether the chipmaker's royalty cap program applied to payments made by BlackBerry under a licensing deal.
Six features the iPhone 8 needs to stay ahead of Android iPad Pro 10.5 inch: Back on an Apple computing device, but not the one I anticipated New Surface Pro: It's prone to random sleep issues too, say some users Foxconn set to discontinue Brazil manufacturing operations © 2017 CBS Interactive.