Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

Revenue up but BlackBerry reveals a loss in its quarterly results

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

Research In Motion, which will officially be called Blackberry after next month’s AGM, has announced results for the first quarter of its current financial year.

Image

The figures, which cover the period until 1st June 2013, showed a net loss of $84 million; a dramatic drop from the previous quarter’s $98 million (£64 million) profit.

Revenue was up 9% year-on-year to almost $3.1 billion (£2 billion).

6.8 million BlackBerry smartphones were shipped in the quarter, up 13% from the previous quarter, with approximately 100,000 BlackBerry PlayBook tablets as well. 2.7 million of those smartphones ran the new BlackBerry 10 platform, giving BB10 a share of 40%.

Subscriber figures weren’t published in the initial announcement but were later revealed to be down 4 million from the previous quarter to 72 million.

Thorsten Heins, President and CEO of BlackBerry, said “During the first quarter, we continued to focus our efforts on the global roll out of the BlackBerry 10 platform. We are still in the early stages of this launch, but already, the BlackBerry 10 platform and BlackBerry Enterprise Service 10 are proving themselves to customers to be very secure, flexible and dynamic mobile computing solutions. Over the next three quarters, we will be increasing our investments to support the roll out of new products and services, and to demonstrate that BlackBerry has established itself as a leading and vibrant player in next generation mobile computing solutions for both consumer and enterprise customers.”

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

Whatever happened to all my tech?

ExclusiveWhatever happened to all my tech?

Mark Bridge writes:

I've been taking a look back at the devices I've written about during the past few years. Some are still faithful companions, others... well, let's just say my faith was misplaced.

ExclusivePredictions for 2016: Network Function Virtualisation, 4G throttling and video calling

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Kapture review: the audio-recording wristband

ExclusiveKapture review: the audio-recording wristband

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

RSS
12345678910Last

Recent Podcasts

ExclusivePodcast - 5th January 2011

Happy New Year! Iain, James and Mark are back for their first show of 2011. It's packed with mobile news headlines from the last couple of weeks - and there's also a review of 2010's biggest mobile-related stories, from Apple and Android... to Everything Everywhere.

ExclusivePodcast - 22nd December 2010

This week's edition of The Fonecast takes its regular look at mobile news headlines from the past seven days, including the launch of HipLogic's Spark application. In addition, the team makes some predictions about the industry for 2011... and discusses the successes and failures of last year's predictions.

ExclusivePodcast - 15th December 2010

With the end of the year just a couple of weeks away, The Fonecast invites London-based dealer Faisal Sheikh and mobile recruitment expert Spencer Davies to discuss the past 12 months... and the potential for 2011. Plus, as usual, the team looks at mobile news headlines from the last seven days.

ExclusivePodcast - 8th December 2010

Iain, James and Mark provide an entertaining and informative look at the week's mobile industry news. The Google Nexus S, Three UK's iPad deal, Truphone and giffgaff all hit the headlines this week... and there's also a look back at last week's Apps World event in London.

RSS
First5859606163656667Last

Follow thefonecast.com

Archive Calendar

«July 2026»
MonTueWedThuFriSatSun
293012345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive