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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

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Opinion Articles

FCC regulators pass controversial 'net neutrality' rules for US

William Ide of voanews.com writes:

The U.S. Federal Communications Commission, or FCC, approved controversial new rules for the Internet on Tuesday that supporters say will protect the interests of consumers, service providers and investors. Opponents, however, warn that the new rules seek to fix something that is not broken and will invite other countries to do more to regulate the Internet.

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WAC, Opera and Android

James Rosewell writes:

Just in time to make it into 2010, the Wholesale Application Community has gained some important but relatively unreported publicity courtesy of Opera. It’s a slightly early Christmas present for Peters Suh, WAC CEO and a man keen to ensure the industry is presented with a story showing WAC meeting its targets.

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The teardown: engineering or entertainment?

Mark Bridge writes:

A few months ago I wrote about the so-called geek porn of unboxing. However, I’ve recently been reminded there is another similar type of geek porn. It’s darker than unboxing. More destructive. It’s the teardown.

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Groupon goes mobile in the UK - but what will it mean to us?

Mark Bridge writes:

Groupon is a US phenomenon that’s not quite become ‘mainstream’ in the UK… yet. While the transatlantic tech press have been intrigued by the will-they-won’t-they story of Google apparently offering up to $6 billion for the two-year-old company, most of the UK has been wondering what the fuss is about.

But all that could be about to change.

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Universal mobile phone chargers are on their way to Europe

Last year the European Commission encouraged mobile manufacturers to agree on a universal charger for mobile phones. The first compatible devices are now expected in Europe early next year.

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