BlackBerry CEO Thorsten Heins showing off the Z10 (right) and Q10, which is launching in a few months.
(Credit: Sarah Tew/CNET)
BlackBerry swung to a profit in the fiscal fourth quarter amid early signs of progress with its BlackBerry Z10 flagship phone.
The Canadian smartphone manufacturer reported a profit of $98 million, or 19 cents a share, compared with a year-ago loss of $125 million, or 24 cents a share. Excluding items such as its cost-savings program, the company reported an adjusted EPS of 22 cents. Sales, however, fell by 36 percent to $2.68 billion.
More importantly, BlackBerry said it sold 1 million units of the Z10 in the period. The results only include sales from a few early launch markets. Results from the U.S., which first saw the Z10 hit the market on Friday, aren't part of the fourth quarter. In total, it sold 6 million smartphones.
Related stories
- Testing T-Mobile's 4G LTE
- BlackBerry Z10 now hums on T-Mobile
- BlackBerry Z10 rates high on repairability, iFixit says
- ... [Read more]
No comments:
Post a Comment