BlackBerry posts Q4 2012 financials, announces 1 million Z10 handsets shipped


BlackBerry have posted their Q4 2012 financial results and, as many had hoped, things are looking up for the smartphone maker.

BlackBerry exceeded Wall Street expectations, posting earnings of 22 cents per share on revenue of $2.7 billion. It was reported that analysts were expecting a slightly larger revenue ($2.8 billion) but they were also expecting the company to post a loss of 28 cents a share.

The company announced that they had shipped around 6 million handsets over the quarter, under the expected 6.5 million, but that 1 million or so of those devices were BlackBerry 10 devices. It also sold 370,000 Playbooks over the period.

Less encouraging however is the news that BlackBerry lost some 3 million subscribers over Q4, dropping from 79 million to 76 million active users.

Overall though, BlackBerry is looking up though it isn’t quite out of the woods just yet. The launch of BlackBerry 10 in the States will only be reflecting in the Canadian company’s Q1 2013 results, which is were fans of the devices may be able to breathe a little easier.

Source: AllThingsD


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