Blackberry Sells One Million Blackberry 10 Devices As Profits May Exceed Expectations

Blackberry Sells One Million Blackberry 10 Devices As Profits May Exceed Expectations
World

BlackBerry shocked Wall Street with their fourth quarter numbers, as profits surged and the demand for the latest model, the Blackberry Z10, was much higher than anticipated.

Blackberry shipped a total of 6 million smartphones last quarter, including 1 million featuring the new Blackberry 10 operating system.

BlackBerry launched the Z10 touchscreen smartphone in the U.S. for AT&T last week, and the device is now also available for both T-Mobile and Verizon Wireless.

Shares of BlackBerry (BBRY) are up about three and a quarter percent today.

BlackBerry President and CEO Thorsten Heins says demand for the Blackberry Z10 has been “better than expected.”

Blackberry posted a quarterly profit of $98 million, or 19 cents per share, vs. a $125 million loss for during the same quarter last year.

Is the Blackberry officially back?

James Gilbert | Elite.

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James Gilbert

World news writer James Gilbert is one of the oldest on the Elite Daily writing staff, as he is a borderline Gen Y member. Being considered the dinosaur of the group, he is constantly asked about historical time periods he did not actually live through. All and all, James Gilbert brings that dynamic and balance to the team, rounding out Elite Daily’s Voltron (or that thing the Power Rangers formed for you young whippersnappers.)

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