Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Vblock™ Systems:
Advanced converged infrastructure
increases productivity & lowers costs.

www.vce.com
World Wide Web
24/7/365 Network Uptime
Average Rating:
Rate this article:  
BlackBerry Is Back in the Black, Sells a Million Z10 Phones
BlackBerry Is Back in the Black, Sells a Million Z10 Phones

By Jennifer LeClaire
March 28, 2013 10:44AM

    Bookmark and Share
Analyst Carl Howe sees three groups of natural buyers for devices running on the new BlackBerry 10 operating system: dyed-in-the-wool BlackBerry fans; feature phone upgraders; and businesses with BlackBerry Enterprise Server infrastructures. BlackBerry announced a modest $114 million profit for the fourth quarter, but a profit nonetheless.
 


BlackBerry is back. The Canadian smartphone maker has sold a million BlackBerry Z10 smartphones and the roll-out isn't even complete in the United States. With that, BlackBerry is again profitable. Yes, just like that.

Despite all the doom and gloom around the company formerly known as Research In Motion, BlackBerry has risen like a phoenix from the flame to prove them wrong. At least for now. RIM generated $114 million profit on $2.7 billion revenue in its fourth quarter, on 6 million smartphone shipments.

The subscriber base is now 76 million, down 3 million from the third quarter.

Carl Howe, vice president of Research and Data Sciences at the Yankee Group, said Yankee had called BlackBerry's turnaround last year in a couple of research pieces.

"Now, 1 million Z10 sales is only about 2 percent of quarterly iPhone sales, but it's a huge step up for a company many have given up for dead, and to make a profit in the process just shows that the company has far more strength than most people think," Howe told us.

A BlackBerry Prediction

Howe sees three groups of natural buyers for devices running on the new BlackBerry 10 operating system: dyed-in-the-wool BlackBerry fans; feature phone upgraders; and businesses with BlackBerry Enterprise Server infrastructures.

Howe said dyed-in-the-wool BlackBerry fans were largely waiting for the release of the new Q10 BlackBerry with a physical keyboard, but they represent a solid 5 percent to 7 percent of smartphone owners and will be thrilled to have a device where they can type e-mails and messages without looking.

"Most feature-phone owners are quite uncomfortable with touch interfaces, so we expect many of them will line up for the Q10 phone as well, although some will give the Z10 a shot," Howe said.

"Many companies invested in BlackBerry Enterprise Servers years ago to manage their smartphone infrastructures and protect corporate content. Businesses who buy Z10s can get more years of use out of those BES servers, meet their security requirements, and not worry about having to manage another new smartphone platform."

His prediction: BlackBerry will surprise everyone and become the third big smartphone ecosystem, moving ahead of Windows mobile because of these natural buying segments. Today's announcement, he said, just reinforces that view.

Lazaridis Retires

BlackBerry also announced that Mike Lazaridis has decided to retire as vice chairman and a director of the company. Lazaridis co-founded BlackBerry nearly 30 years ago and served as a co-CEO of the company until last year when he was elected vice chairman of the board. Thorsten Heins was then hired as the new CEO.

Lazaridis, who last week announced the launch of his new venture, Quantum Valley Investments, will step down from the BlackBerry board May 1.

"With the launch of BlackBerry 10, I believe I have fulfilled my commitment to the board," Lazaridis said. "Thorsten and his team did an excellent job in completing BlackBerry 10. We have a great deal of which to be proud. I believe I am leaving the company in good hands.

"I remain a huge fan of BlackBerry and, of course, wish the company and its people well."
 

Tell Us What You Think
Comment:

Name:



APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.


 World Wide Web
1.   Verizon Report Exposes Cyberthreats
2.   Aereo CEO Speaks Out on Future
3.   Mobile Ad Platform From Facebook?
4.   How Are Web Sites Post-Heartbleed?
5.   White House Updating Privacy Policy


advertisement
How Are Web Sites Post-Heartbleed?
Questions on open source, security.
Average Rating:
Heartbleed Exploit Could Cost Millions
But it could have been prevented.
Average Rating:
Don't Reset Passwords for Heartbleed?
Added caution needed to ensure security.
Average Rating:


advertisement
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Verizon Data Breach Report Exposes Top Threats
Beyond Heartbleed, there are cyberthreats vying to take down enterprise networks, corrupt smartphones, and wreak havoc on businesses. Verizon is exposing these threats in a new report.
 
Where Do Web Sites Stand, Post-Heartbleed?
A security firm says the vast majority of Web sites have patched themselves to protect against the Heartbleed bug, but now there are questions raised on the reliability of open-source programs.
 
White House Updating Online Privacy Policy
A new Obama administration privacy policy explains how the government will gather the user data of online visitors to WhiteHouse.gov, mobile apps and social media sites, saying much is in the public domain.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | Small Business | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.