Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,429 members, 7,954,674 topics. Date: Saturday, 21 September 2024 at 06:51 AM

Blackberry Post Profit Despite Shrinking Subscriber Base - Phones - Nairaland

Nairaland Forum / Science/Technology / Phones / Blackberry Post Profit Despite Shrinking Subscriber Base (514 Views)

Why Infinix Sells More Than Tecno Despite Having Lesser Marketing Strategy / MTN Subscriber Base Hits 183m, Creates 350,000 Jobs In Nigeria / Etisalat Hits 10m Subscriber Base (2) (3) (4)

(1) (Reply)

Blackberry Post Profit Despite Shrinking Subscriber Base by mj(m): 10:48am On Apr 02, 2013
While many people continue to move away from BlackBerry, the new BlackBerry 10 devices are bringing some back into the fold, the company reported.

The future of BlackBerry as a relevant player in the modern smartphone market largely hinges on its newly released operating system. So how are things looking roughly two months after launch? Not great, but not nearly as bad as they were just a few short months ago, either. There are some positive signs of improving financial health as the company continues to rollout its full touchscreen Z10 handset globally.

During an earnings call for its latest quarterly financial results, the Canadian firm reported a surprise profit of $94 million on revenue of $2.7 billion. As much as 61% of the revenue generated during the quarter was from handset sales, with the remaining 36% coming from service fees and 3% from software and other services.
“Fifty-five percent of the Z10 customers globally are coming from platforms other than BlackBerry,” Heins revealed on the call. BlackBerry has lost significant market share to Apple’s iPhone and Google’s Android phone in the last couple of years. Shipments of BlackBerry phones fell 40.9 percent in the second quarter of 2012, and the company’s market share slipped to 4.8 percent, according to research firm IDC.
Read more: www.oshadami.com/2013/04/02/blackberry-post-profit-despite-shrinking-subscriber-base/

Re: Blackberry Post Profit Despite Shrinking Subscriber Base by Nobody: 11:23am On Apr 02, 2013
All thanks to Nigerians, especially girls.

(1) (Reply)

Nigeria Kicks Off Number Portability / Nokia Unveils Asha 501 With A New Platform / BBM For Ios And Android To Be Launched Soon

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.