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How is it possible for blackberry revenue to decrease

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Reference no: EM132414834

An article in the Wall Street Journal discussed the financial results for BlackBerry, the smartphone and software company based in Waterloo, Ontario: "Revenue tumbled 32% from a year earlier to $658 million in the quarter ended May 30 from $966 million a year earlier.... BlackBerry posted profit of $68 million ... up from $23 million a year earlier."

  1. How is it possible for BlackBerry's revenue to decrease but its profit to increase?
  2. Doesn't BlackBerry have to maximize its revenue to maximize its profit? Briefly explain.

Reference no: EM132414834

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