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This is an archive article published on March 29, 2013

BlackBerry posts Q4 profit

The Canadian firm ships about one million BB10 units

Helped by recently-launched BB10 smartphones,handset maker BlackBerry today reported a surprise profit of 98 million for the fourth quarter ended March 2,2013,even as revenue dropped.

The struggling smartphone maker said it shipped 6 million smartphones,including approximately 1 million BlackBerry 10 units during the fourth quarter.

The Nasdaq-listed company had posted losses in the previous three quarters of the 2013 fiscal while for the same period last year,it had reported a loss of 125 million.

BlackBerry shipped about 370,000 PlayBook tablets during the quarter,it said in a release. Revenue for the fourth quarter of fiscal 2013 was approximately 2.7 billion,down 36 per cent from 4.2 billion in the same quarter of fiscal 2012, it said.

To revamp its flagging sales and take on rivals Apple and Samsung,the Waterloo,Ontario,based company last month launched its latest software BB10 offering more applications for users. It also re-christened itself as BlackBerry from Research in Motion in January this year. BlackBerry has a subscriber base of around 76 million by the end of fourth quarter.

 

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