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Saturday, March 29, 2014

Just 1.1 million BlackBerry 10 smartphones were sold worldwide in the last quarter

The final quarter of BlackBerry’s financial year, which ended on 1st March 2014, saw the company selling around 3.4 million smartphones to end users. However, it says over two-thirds of these ran on the older BlackBerry 7 platform, which means just 1.1 million were newer BlackBerry 10 smartphones.

Cost-cutting measures helped reduce the quarterly net loss to $423 million (£254 million), down from a $4.4 billion loss in the previous quarter. The equivalent quarterly figure a year ago was a net profit of $98 million.

Total revenue for the fourth quarter was down 18% from the previous quarter to $976 million (£586 million). That’s a year-on-year fall of 64%.

John Chen, Executive Chairman and Chief Executive Officer of BlackBerry, said “I am very pleased with our progress and execution in fiscal Q4 against the strategy we laid out three months ago. We have significantly streamlined operations, allowing us to reach our expense reduction target one quarter ahead of schedule. BlackBerry is on sounder financial footing today with a path to returning to growth and profitability.”

[BlackBerry annual report (pdf)]

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Categories: Handsets and manufacturers, Operating systems, NewsNumber of views: 19307

Tags: smartphone blackberry

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Opinion Articles

Roaming charge 'bill shock' isn't over yet

Mark Bridge writes:

In recent years we’ve seen many a newspaper headline about the high charges for mobile data when abroad. Horror stories that warned of bills exceeding £1000 per week.

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Orange T: what should the merged company do next?

James Rosewell writes:

The merger of T-Mobile and Orange on 1st April 2010 is one of the most significant events in the evolution of the UK mobile industry since the original creation of Orange and 1-2-1 in the 90s. From now on the UK will have 4 mobile networks, and one of those networks will have ~35% of the market. A 35% market share comes with a lot of potential. Not only can standards be influenced in a way previously unimaginable in the UK, but economies of scale can be translated into profits.

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Guy Kewney, 'the first computer journalist'

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One trade show too far!

Iain Graham writes:

This is a true story. It may not be a particularly relevant story - but it is a true story.

I think I have just realised that I have to be serious about my new career as a Grumpy Old Man (GOM) and come to terms with the fact that it is not new, just a natural progression from so many years as a Grumpy Young Man (GYM)!

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The mobile web and your personal information

James Rosewell writes:

The mobile techie community has known about mobile networks and indeed some handsets providing unique information about mobile devices and customers for a long time. Collin Mulliner, a graduate student at the Technische Universitat Berlin, has recently bought the issue to the attention of the public during a talk at the CanSecWest conference in Vancouver.

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