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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: 17036

Tags: smartphone blackberry

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Opinion Articles

Admit your mobile phone mistakes... and pay for them

Mark Bridge writes:

“Take some responsibility for your own actions”. There’s probably not a parent in the world who hasn’t said or thought something similar. But that’s not the message coming from regulators in the USA.

We’ve laughed in the past about coffee cups from the United States that warn about the coffee they contain. Now there seems to be a similar movement against mobile phones that connect to the internet.

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Apple's HTC patent suit could be another reason for someone to buy Palm

This is a guest post from BusinessInsider.com written by Gregor Schauer, who has worked in tech in Silicon Valley since 2000. Gregor has also recently spent two years in equity research at JMP Securities and Jefferies, covering the internet sector and enterprise software.

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Mobile business applications: the next frontier

Anthony Keyworth, Orange UK’s Director of Product Marketing, has been gazing into his crystal ball to predict which business-focussed mobile applications could change the ways we work in the next five years.

His top four future developments, published under the heading “The next frontier for mobile business applications”, are:

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It’s all been done before

Mark Bridge writes:

No-one really likes an anticlimax. That was my biggest complaint about the launch of Microsoft’s Windows Phone 7. Plenty of potential, a nice new interface – but nothing much that wasn’t being done elsewhere.

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The Day the Multi-Touch Died?

Mark Bridge writes:

It’s not just me, is it?  The mobile industry really has gone a bit litigation crazy.

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