29 March 2012 Last updated at 17:34 ET
RIM's Playbook has suffered from poor sales
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 announced the resignation of former co-chief executive Jim Balsillie.
Source: http://www.bbc.co.uk/go/rss/int/news/-/news/business-17557177
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