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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: 19460

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Opinion Articles

iPhone users are optimists while BlackBerry users are pessimists... apparently

Mark Bridge writes:

At the end of our weekly podcast covering the latest mobile industry news, we usually finish with an “And finally...” report. Something that’s lighter that the rest of the headlines. You know the kind of thing; kittens using mobile phones, puppy-powered mobile phone chargers...

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Indian mobile phone app aims to thwart sexual assaults

Kurt Achin of voanews.com writes:

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Author: The Fonecast
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Mark Bridge writes:

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Here at TheFonecast.com we’ve had a busy 12 months that have seen us talking to more and more people, gaining a much larger audience and watching the mobile industry grow dramatically.

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Will the CES trend for larger screens lead to poorer mobile web sites?

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When you’ve got mobile data, it’s usually an obvious step to add a browser... and before you know it, consumers are browsing the internet from a device that was never really intended to visit conventional web sites.

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