BlackBerry Sold 1 Million BlackBerry 10 Smartphones in Q4

By
Stan Schroeder
 on 
BlackBerry Sold 1 Million BlackBerry 10 Smartphones in Q4

BlackBerry's Q4 and year-end results for fiscal 2013 are in, with the company reporting $2.7 billion in revenue.

Income in Q4 was $94 million, a solid increase compared to $14 million in income in the previous quarter.

BlackBerry attributes the positive change to the success of BlackBerry 10 -- the company shipped 6 million BlackBerry smartphones, 1 million of which were BlackBerry 10 devices.

Have in mind that, since BlackBerry's fiscal Q4 ended March 2, this number doesn't include the sales from the U.S. and Canadian launch of BlackBerry Z10.

"We have implemented numerous changes at BlackBerry over the past year and those changes have resulted in the Company returning to profitability in the fourth quarter," said Thorsten Heins, President and CEO of BlackBerry.

Heins is even more optimistic about the company's outlook for the future. "As we go into our new fiscal year, we are excited with the opportunities for the BlackBerry 10 platform (...) We have built an engine that is able to drive improved financial performance at lower volumes, which should allow us to generate additional benefits from higher volumes in the future," he said.

The company has also undergone a change in leadership, as co-founder Mike Lazaridis, who served as vice chair of the board and director of the company, has decided to retire. He will step down from the BlackBerry Board on May 1, 2013 to focus on his new venture, the Quantum Valley Investments fund.

Image courtesy of BlackBerry

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