BlackBerry's phone sales cut in half during fiscal fourth quarter

Plenty of news came out of BlackBerry's camp this morning, starting with the release of its fiscal Q4 earnings report. For the period, BlackBerry generated $464 million in revenue, down 30% from last year and well below the $563 million expected by Wall Street. Software and services revenue rose 106% to $153 million. For the year, software and services brought in $527 million. The quarter produced a non-GAAP loss of 3 cents a share. The bottom line net loss for the period was $238 million. The company still had $2.62 billion in cash and investments on the books at the end of the three-month period...
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1. Unordinary unregistered

April foo.... Wait no jk BB is dead.

2. meanestgenius

Posts: 22290; Member since: May 28, 2014

Not dead. Just no longer concerned with smartphones, I'm afraid. Software and enterprise is where its focus is at and will continue to be.

3. Unordinary unregistered

Being that the context of this website are phones, when saying Blackberry it should be assumed that the mobile division is being talked about. You don't assume I'm talking about Samsung escavators and land management vehicles when one talks about Samsung on this site, do you? But yes, I understand you. I'm happy they'll be around enterprise.

5. meanestgenius

Posts: 22290; Member since: May 28, 2014

I don't like to assume. Then I look like an @$$. Anyway, I'm very displeased with the performance of their handset division. They'd be better off if they just shut it down and completely focused on software and security.

6. Unordinary unregistered

I have an old BB Bold laying in my drawer. I refuse to get rid of it even though I know I will never use it again. Miss it so much. I completely agree with your statement though

8. Mxyzptlk unregistered

Well you do a mighty fine job of that without assuming.

10. meanestgenius

Posts: 22290; Member since: May 28, 2014

Get off my sack, you idiot.

59. Mxyzptlk unregistered


69. meanestgenius

Posts: 22290; Member since: May 28, 2014


18. Dr.Phil

Posts: 2453; Member since: Feb 14, 2011

Well using that context, Blackberry would still be discussed even without a hardware division considering a huge portion of their software business is conducted in the mobile world. So, even if Blackberry were to kill off its hardware division tomorrow, they would still be a company talked about in the smartphone community because of their software division. Also, just to point out to those who say this is officially the sign of the hardware division being killed off, you have to recognize that these results are just for Q4. The Priv didn't go on sale until November 6th and then it didn't really release globally until later on in the quarter and more towards this previous quarter. So, really, we should be looking at Q1 results as the real indicator of how their hardware division is doing considering that is the time period that their newest device was on sale for the most amount of people. If the results are bad, then I would say Blackberry should officially exit the hardware business and focus on their software where the 106% increase in revenue is a very healthy sign for that division.

14. joeone2006

Posts: 18; Member since: Mar 31, 2016

They should just shutdown the entire operation. It's a complete embarrassment.

22. meanestgenius

Posts: 22290; Member since: May 28, 2014

Oh look, I've got a new groupie girl. Hey there, groupie girl.

80. Bernoulli

Posts: 4361; Member since: Sep 01, 2012

What are you using to assume this, besides nothing?

24. PhoneCritic

Posts: 1354; Member since: Oct 05, 2011

Yeah it is as we spoke about on another thread. Its seems if this is not a April 1st prank that BB is shifting its focus onto software rather than devices. Which as a whole makes sense. However, I still feel for all those workers who may lose their source of income,

27. meanestgenius

Posts: 22290; Member since: May 28, 2014

Agreed. It will indeed be sad if more people lose their jobs.

9. Mxyzptlk unregistered

Dead as a handset maker. They can still survive with software.

77. jroc74

Posts: 6023; Member since: Dec 30, 2010

I dont totally disagree with this or the article...but... Like its been mentioned in the article and in comments....enterprise and software is where they are still king. They could survive just doing software and with no money wasted on R&D and investing in hardware software might be more profitable for them. I have questions about this from the article: "The company still had $2.62 billion in cash and investments on the books at the end of the three-month period. The company's days as a phone manufacturer are numbered. BlackBerry sold only 600,000 units in the period. That figure includes sales of its first Android handset, the BlackBerry Priv. That is less than half of the 1.3 million handsets that the company sold last year, and a 14% decline sequentially." Are they comparing 3 months to a whole year for phone sales? If so....600,000 in 3 months could = 2.4 million sold for the year. How many phones did they sell last year in the same quarter? If they are saying their Android handset and BB handsets sold 600,00 combines for 3 months....that doesnt look too good for BB powered phones or their Android one. Would be really nice to see the split between Priv and BB OS phones..

4. meanestgenius

Posts: 22290; Member since: May 28, 2014

While I am pleased that BlackBerry is headed in the right direction concerning software and enterprise, handsets continue to drag the companies totals down. BlackBerry is more concerned with software and enterprise than handsets. It's where the money is at for them. And again, I'm happy that BlackBerry is doing well in the markets it's focused on. They already exceeded their projections of 500 million dollars a year for software. They are definitely a security focused company. However, I'm am very displeased with handsets, and I believe that with only 600,000 units sold to end users, that BlackBerry is going to discontinue their handset division by the end of the year unless the sales really pick up. While that's very disappointing to me and the remaining BlackBerry users, we can at least take solace in the fact that BlackBerry will still be around and thriving, albeit as a security focused software company.

7. Mxyzptlk unregistered

So blackberry sold so many blackberry Priv handsets at a $700 premium? I didn't think so. It's a crowded market but blackberry can do much better if they learn to not make the same mistake twice.

23. Crispin_Gatieza

Posts: 3157; Member since: Jan 23, 2014

Remember, this is the Q4 report. The Priv wasn't released until mid-November IIRC. The carrier models didn't start until mid-January for AT&T. Let's wait until Q1 results before we stick the fork in BlackBerry as a device manufacturer. It's probably inevitable, but I've seen more Privs "in the wild" than I've seen Windows phones so that bodes well for them.

29. Rydsmith unregistered

Actually, the Q3 report included Priv sales so this is after the launch of the Priv, not in the middle of it. The Priv released on AT&T on November 6th not mid-January, I had one.

52. Rafishant

Posts: 398; Member since: Oct 13, 2015

BlackBerry Q4 2016: (November, 29th 2015 - March,1st 2016)

60. Mxyzptlk unregistered

That's the thing though. I don't really see it doing much better carrier-wise simply because of the timing of its release. There's just too much competition right about this time of the year for it to really make that much of a difference. Of course, it will still probably hit that niche market just fine.

11. Guaire

Posts: 890; Member since: Oct 15, 2014

Try again BB, this time without keyboard, thin metal body and such an irresistible price. I exactly said that at the time "being unique won't help much if there isn't demand enough for that unique feature." Physical keyboards were dead. Touchscreens killed them for good. Today all the brands would get a hard time at selling thick phones even they had a compelling reason like a giant battery and/or giant cam sensor. Thin metal or metal + glass bodies are major selling points. Despite the other factors they could sell it better at right price. You can sell anything at right price.

12. xq10xa

Posts: 810; Member since: Dec 07, 2010

This sums up meanestgenius on every single BlackBerry article.

19. meanestgenius

Posts: 22290; Member since: May 28, 2014

This sums up me against you. I'm Darkseid and you're Green Lantern:

37. xq10xa

Posts: 810; Member since: Dec 07, 2010

As usual. Living in a fantasy world.

40. meanestgenius

Posts: 22290; Member since: May 28, 2014

And you posting a cartoon, just like I did, isn't? Hypocrite, much?

45. xq10xa

Posts: 810; Member since: Dec 07, 2010

Damn. Someone is just reaching. I can feel your anger hahahha. I didn't even click your video. You don't matter.

47. meanestgenius

Posts: 22290; Member since: May 28, 2014

Damn. Someone is just lying now. If I didn't matter, you wouldn't have bothered to mention my name in the first place. And cut th BS. You know you clicked the link.
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