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BlackBerry makes $98 million quarterly profit, ships one million Z10s

Posted: , by Daniel P.

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BlackBerry makes $98 million quarterly profit, ships one million Z10s
BlackBerry just issued its quarterly results, and it was not as bad as analysts expected. When all is said and done, the Canadians made a profit of $98 million, which amounts to 19 cents a share, on revenues of $2.7 billion.

The profit part is fine, but the revenue one is down 36% when compared to the same quarter in the previous financial year. Six million BlackBerry smartphones were shipped, and even 370,000 BlackBerry PlayBooks made the rounds.

BlackBerry's quarter in question ended on March 2, the Z10 was available in several countries, being on sale in Canada since February 5th. Out of those 6 million phones, a million were BlackBerry Z10, which is not a bad feat at all, mainly because of UK sales. As per the President and CEO of BlackBerry Thorsten Heins:

With the launch of BlackBerry 10, we have introduced the newest and what we believe to be the most innovative mobile computing platform in the market today. Customers love the device and the user experience, and our teams and partners are now focused on getting those devices into the hands of BlackBerry consumer and enterprise customers…

We are also excited about the new, dynamic culture at BlackBerry, where we are laser-focused on continuing to drive efficiency and improve the Company’s profitability while driving innovation. We have built an engine that is able to drive improved financial performance at lower volumes, which should allow us to generate additional benefits from higher volumes in the future.

The bad part is that the BlackBerry subscribers globally keep shrinking, and were down to 76 million now, compared to 79 million in the previous quarter.

Press Release

46 Comments
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posted on 28 Mar 2013, 07:26 6

1. No_Nonsense (Posts: 826; Member since: 17 Aug 2012)


Nice start for 'em. They need to keep it up though. Eagerly awaiting their next phone, hopefully they won't price it as high as they did with the Z10.

posted on 28 Mar 2013, 08:43

14. EXkurogane (Posts: 863; Member since: 07 Mar 2013)


One major problem which i think is hindering the sales of the Z10, it's too bloody expensive; priced a lot higher than Lumia 920, at almost the same price as the Galaxy Note in Malaysia (when Malaysia does not have any taxes for smartphones). A Z10 costs USD $729 roughly, off contract.

posted on 28 Mar 2013, 09:17 5

20. Xtasy (Posts: 270; Member since: 13 Jan 2013)


It's better than the 920

posted on 28 Mar 2013, 09:18 5

21. Xtasy (Posts: 270; Member since: 13 Jan 2013)


I got mine for 550 with tax so how is that expensive?

posted on 28 Mar 2013, 09:40

34. Nikolas.Oliver (banned) (Posts: 1574; Member since: 01 Jul 2012)


the price differ dpending where you are on earth..smartphones are usually more expensive in third world and cheaper in developed countries

iPhone 5 in the united states = $629 (16gb)
in brazil = over $1000

posted on 28 Mar 2013, 11:18

41. PhenomFaz (Posts: 1064; Member since: 26 Sep 2012)


but thats the main problem with BB. Take the Z10 for example....in no way is it superior to the current flagships out there yet the price is more than the competition! That was BB's undoing in the lighting-fast mobile tech world and aI am afraid they're repeating the same mistake.

Its a nice start and all, a nice little flurry....and I am happy for 'em but they need to get smarter to survive!

posted on 28 Mar 2013, 07:33 5

2. BBGrind (Posts: 50; Member since: 17 Jan 2012)


Good Start, BB would be back slowly but surely.

posted on 28 Mar 2013, 09:13 4

18. apiskula (Posts: 565; Member since: 25 Jan 2013)


They are an Epic fail!

posted on 28 Mar 2013, 09:19 4

22. Xtasy (Posts: 270; Member since: 13 Jan 2013)


Even with success stories u sing the same tune lol your a sore loser

posted on 28 Mar 2013, 07:35 9

3. xperiaDROID (Posts: 5163; Member since: 08 Mar 2013)


I'm waiting for BB's comeback. I hope they can.

posted on 28 Mar 2013, 09:13 4

19. apiskula (Posts: 565; Member since: 25 Jan 2013)


They are done! I am so happy!

posted on 28 Mar 2013, 09:29

29. xperiaDROID (Posts: 5163; Member since: 08 Mar 2013)


Oh, really? :P

posted on 28 Mar 2013, 11:39 1

42. donfem (Posts: 520; Member since: 30 Mar 2011)


And why are you happy? I am surprised that you exhude some form of lack of educaion or have little understanding

posted on 28 Mar 2013, 14:06 1

44. apiskula (Posts: 565; Member since: 25 Jan 2013)


I am a Network Admin and nobody in our company is using blackberry. The interface is terrible, apps are terrible and I have to have a licensed server to use it. It's a product failure that is going nowhere. They continue to lose market share (which I am happy I am a part of ) and they will soon fail!

posted on 28 Mar 2013, 14:18

45. xperiaDROID (Posts: 5163; Member since: 08 Mar 2013)


No, BB won't fail. Just wait and see.

posted on 28 Mar 2013, 22:58

46. verty (Posts: 105; Member since: 07 May 2012)


Useless boy! Your business is a failure. I wonder who your fake customers are. A word to those who employ loosers like you: fire him!

posted on 29 Mar 2013, 14:55

48. axllebeer (Posts: 265; Member since: 05 Apr 2011)


So you have used the new software and on the released Z10, not on a dev model?

posted on 28 Mar 2013, 07:43 4

4. EXkurogane (Posts: 863; Member since: 07 Mar 2013)


That's a good start; with the launch of Q10 probably things will get a bit better, but it's taking them way too long to launch it.

posted on 28 Mar 2013, 07:48 2

5. darthinvader (Posts: 63; Member since: 18 Sep 2012)


6 million Smartphones?? WP is surely number 3 now!!

posted on 28 Mar 2013, 08:24 2

10. Bernoulli (Posts: 1436; Member since: 01 Sep 2012)


Nokia sold 6 million smartphones in 2011, out of which symbian phones were 4 million, BlackBerry has a good lead, especially since it's a much better os than Windows

posted on 28 Mar 2013, 08:32

12. EXkurogane (Posts: 863; Member since: 07 Mar 2013)


he mentioned windows phone, not nokia alone; if you combine windows phones sold by all OEMs windows phone is way ahead, but it's not surprising when BB10 OS is only found in Blackberry phones, no one else.

posted on 28 Mar 2013, 09:32 1

30. Bernoulli (Posts: 1436; Member since: 01 Sep 2012)


True true, but now days nokia means Windows phones

posted on 28 Mar 2013, 09:34

32. shikroi (Posts: 182; Member since: 24 Sep 2012)


Thats bs

posted on 28 Mar 2013, 09:47 1

35. shikroi (Posts: 182; Member since: 24 Sep 2012)


In the first quarter of 2011 nokia sold 16.7million smartphones. So your 6million for the whole year statement is bs anyway you look at it.

If you made an error and meant to say 2012 that's still bs, because in q4 nokia sold a total of 15.8million smartphones.

posted on 28 Mar 2013, 09:21 1

23. Xtasy (Posts: 270; Member since: 13 Jan 2013)


No it's not BB sales for this quarter only counts for 1 month so spring quarter will be the one to judge plus it's a new phone and software. People forgot about BB but give it time for the word to spread

posted on 28 Mar 2013, 07:53 4

6. microsoftnokiawin (Posts: 893; Member since: 30 Mar 2012)


most innovative platform oh please BlackBerry 10 as if bb is not partly a ripoff of MeeGo harmattan especially with the swipe features

posted on 28 Mar 2013, 08:26 1

11. Bernoulli (Posts: 1436; Member since: 01 Sep 2012)


True, too bad flop didn't see how amazing this os was, 6 million in first quarter is what nokia sold for the year of 2011

posted on 28 Mar 2013, 08:50 2

15. faisal8708 (Posts: 104; Member since: 15 Nov 2011)


R u sayin Nokia only sold 6 million smartphones in 2011? I dont know from where u got tht number but all other reports dont agree with ththttp://mobithinking.com/blog/2011-handset-and-smartphone-sales-big-picture

Nokia sold 6.6 million smartphones in Q4 2012 out of which 4.4 million were Windows Phones and tht was when 920 and 820 were released in only few countries and Nokia were facin supply shortages for 920

posted on 28 Mar 2013, 09:27

28. Bernoulli (Posts: 1436; Member since: 01 Sep 2012)


When you only put 3 lumia at a store of course there willbe shortages

posted on 28 Mar 2013, 09:50 1

36. shikroi (Posts: 182; Member since: 24 Sep 2012)


actually its 15.8, you missed the new full touch ashas running s40.

posted on 28 Mar 2013, 09:23 2

24. Xtasy (Posts: 270; Member since: 13 Jan 2013)


This quarter accounts for only one month of sales u shmucks so BB is in the lead so far

posted on 28 Mar 2013, 07:56 1

7. BillyG (Posts: 305; Member since: 24 Sep 2012)


nice..., keep on selling them to india, indonesia, canada and uk. I'm sure those 4 countries can give you a little bit of breath.

posted on 28 Mar 2013, 08:03 1

8. roscuthiii (Posts: 1785; Member since: 18 Jul 2010)


Do these figures correlate at all with Brightstar's purchase of 1 million Blackberry 10 handsets?
Or, will that purchase be reflected next quarter?

posted on 28 Mar 2013, 08:19 2

9. tatail (Posts: 215; Member since: 08 Jan 2010)


That will be part of the next quarter..

posted on 28 Mar 2013, 09:25 1

25. Xtasy (Posts: 270; Member since: 13 Jan 2013)


Yep next quarter. this quarter only includes sales for febuary and partially for march but not including sales in USA and possibly other countries

posted on 28 Mar 2013, 08:34 2

13. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)


NicolasOliver should be commenting soon!

Where is Xtsay thee BB Lover?

posted on 28 Mar 2013, 09:26 2

26. Xtasy (Posts: 270; Member since: 13 Jan 2013)


Right here ;)

posted on 28 Mar 2013, 09:33 1

31. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)


I was thinking how become youre not posting,,,,?
Cooool!

posted on 28 Mar 2013, 08:56 4

16. ryq24 (Posts: 478; Member since: 17 Oct 2011)


Z10 looks awesome! Design wise.

posted on 28 Mar 2013, 09:26 3

27. Xtasy (Posts: 270; Member since: 13 Jan 2013)


Agreed looks futuristic and sleek compared to any phone out now

posted on 28 Mar 2013, 09:12 1

17. apiskula (Posts: 565; Member since: 25 Jan 2013)


Thorsten (your and idiot) sell now and close your doors. Your company is failing and your products suck. I cannot wait until your done!

posted on 28 Mar 2013, 09:39

33. shikroi (Posts: 182; Member since: 24 Sep 2012)


Out of the six million BB smartphones shipped. How many were bb10 devices? And since this number is shipped and not sold, how many of these devices are still on the shelves? If its quite few, then suppliers aren't likely to order any new shipments and if they do it will likely be a very small order.

posted on 28 Mar 2013, 10:05

37. shikroi (Posts: 182; Member since: 24 Sep 2012)


According to heins, roughly 2/3 of the million z10s shipped were sold so 630,000 to 666,666 max worldwide on z10 sales. That leaves around 370,000 to 333,334 z10s laying on the shelf.

http://money.cnn.com/2013/03/28/technology/mobile/blackberry-earnings/index.html

posted on 28 Mar 2013, 10:27 1

40. renaissance (Posts: 9; Member since: 20 Mar 2013)


How stupid people can be to dislike comments of those who are happy to see BB is doing well.

posted on 28 Mar 2013, 12:18

43. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)


Lot of haters dislike and Trolls in here!!

posted on 28 Mar 2013, 23:23

47. speckledapple (Posts: 877; Member since: 29 Sep 2011)


it is a nice start for them. Now they have something to at least build on. Everyone has to start somewhere.

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