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

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:


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.

FEATURED VIDEO

36 Comments

1. No_Nonsense unregistered

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.

14. EXkurogane

Posts: 863; Member since: Mar 07, 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.

20. Xtasy

Posts: 284; Member since: Jan 13, 2013

It's better than the 920

21. Xtasy

Posts: 284; Member since: Jan 13, 2013

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

34. Nikolas.Oliver

Posts: 1574; Member since: Jul 01, 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

41. PhenomFaz

Posts: 1236; Member since: Sep 26, 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!

2. BBGrind

Posts: 50; Member since: Jan 17, 2012

Good Start, BB would be back slowly but surely.

18. apiskula

Posts: 578; Member since: Jan 25, 2013

They are an Epic fail!

22. Xtasy

Posts: 284; Member since: Jan 13, 2013

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

3. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

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

19. apiskula

Posts: 578; Member since: Jan 25, 2013

They are done! I am so happy!

29. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

Oh, really? :P

42. donfem

Posts: 708; Member since: Mar 30, 2011

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

44. apiskula

Posts: 578; Member since: Jan 25, 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!

45. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

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

46. verty

Posts: 132; Member since: May 07, 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!

48. axllebeer

Posts: 271; Member since: Apr 05, 2011

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

4. EXkurogane

Posts: 863; Member since: Mar 07, 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.

5. darthinvader

Posts: 63; Member since: Sep 18, 2012

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

23. Xtasy

Posts: 284; Member since: Jan 13, 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

6. microsoftnokiawin

Posts: 1268; Member since: Mar 30, 2012

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

7. BillyG

Posts: 305; Member since: Sep 24, 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.

8. roscuthiii

Posts: 2383; Member since: Jul 18, 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?

9. tatail

Posts: 261; Member since: Jan 08, 2010

That will be part of the next quarter..

25. Xtasy

Posts: 284; Member since: Jan 13, 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

13. TROLL

Posts: 4851; Member since: Apr 13, 2012

NicolasOliver should be commenting soon! Where is Xtsay thee BB Lover?

26. Xtasy

Posts: 284; Member since: Jan 13, 2013

Right here ;)

31. TROLL

Posts: 4851; Member since: Apr 13, 2012

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

16. ryq24

Posts: 875; Member since: Oct 17, 2011

Z10 looks awesome! Design wise.

27. Xtasy

Posts: 284; Member since: Jan 13, 2013

Agreed looks futuristic and sleek compared to any phone out now

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.