Mar 28, 2013, 08.30 PM IST
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BlackBerry reports surprise Q4 profit; 1 million Z10s sold
BlackBerry announced better than expected Q4 results and a return to profitability on Thursday, driven by demand for its new touchscreen Z10 device.
Like this story, share it with millions of investors on M3
BlackBerry reports surprise Q4 profit; 1 million Z10s sold
BlackBerry announced better than expected Q4 results and a return to profitability on Thursday, driven by demand for its new touchscreen Z10 device.
BlackBerry announced better than expected Q4 results and a return to profitability on Thursday, driven by demand for its new touchscreen Z10 device, which the company had hoped would hold the key to a successful turnaround for the smartphone maker. The company said it had sold about 1 million of the new Z10 device and shipped roughly 6 million smartphones in the quarter ended March 2. Net income in the quarter was $98 million, or 19 cents a share, compared with profit of $9 million, or 2 cents a share, a year earlier. The company had earlier said it expects to break even in the current quarter despite increasing spending on marketing.
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