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

Posted: , 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:


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

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