BlackBerry CEO Thorsten Heins unveiled the company's newest smartphone, the Q5 aimed at emerging markets, and said BlackBerry is in a much stronger position than it was this time last year.
BlackBerry CEO Thorsten Heins ratcheted up expectations and brimmed with confidence over expected sales of the Q10, the company's first BlackBerry 10-based smartphone with a Qwerty keyboard, noting the company expects to sell "tens of millions" of units of the phone.
BlackBerry has not yet detailed U.S. sales figures for its flagship Z10 smartphone, let alone broken it down by carrier, but according to online advertising network Chitika, Verizon Wireless is giving the Z10 a major boost.
BlackBerry's shares tumbled nearly 8 percent Thursday, the most in two weeks, as financial analysts questioned the strength of early sales of the Z10, the company's flagship smartphone running its new BlackBerry 10 platform.
Leave it to Walter Mossberg to explain what should be glaringly obvious to the entire world. In a recent Wall Street Journal column the gadget guru addressed a question that probably still comes off the lips of its executive readers who buy a Windows Phone 8 device and wonder why it doesn't have Siri.
BlackBerry reported that in its fiscal fourth quarter, which ran until March 2, it sold 1 million units of its new flagship Z10 smartphone, the first to run its BlackBerry 10 platform. However, in a troubling sign for the company, it also said that its subscriber base fell to 76 million, down from 79 million at the end of the previous quarter and 80 million the quarter before that.
BlackBerry announced with much fanfare earlier this month that an unnamed, "established" partner placed an order for 1 million BlackBerry 10 smartphones, the company's largest single order ever. Though the company has declined to name the purchaser, it is wireless device distributor Brightstar, according to an AllThingsD report.
Sales of BlackBerry's flagship Z10 smartphone got off to a relatively slow start over the weekend at AT&T Mobility stores, according to analysts and media reports, but Verizon Wireless and T-Mobile USA will also start selling the phone by the end of the month.
BlackBerry's Z10 smartphone, running on its new BlackBerry 10 platform, makes its debut today in the U.S. market in what could either be a renaissance for the company or a last gasp attempt to plot a comeback amid declining market share.
BlackBerry denied reports that its new BlackBerry 10 platform has failed to meet security requirements for the British government. The company said that it is working with the UK government to get the new platform fully certified.