Thursday, March 28, 2013

Reuters: Technology News: BlackBerry reports quarterly profit, one million sales of new Z10

Reuters: Technology News
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BlackBerry reports quarterly profit, one million sales of new Z10
Mar 28th 2013, 11:16

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A new Blackberry Z10 smartphone is displayed at a store in New York, March 22, 2013. REUTERS/Brendan McDermid

A new Blackberry Z10 smartphone is displayed at a store in New York, March 22, 2013.

Credit: Reuters/Brendan McDermid

TORONTO | Thu Mar 28, 2013 7:16am EDT

TORONTO (Reuters) - BlackBerry announced better than expected results on Thursday, driven by demand for its new touchscreen device which holds the key to a successful turnaround for the smartphone maker.

BlackBerry, based in Waterloo, Ontario-based, said it sold about 1 million of the new Z10 device in the quarter, and shipped roughly 6 million smartphones in the quarter ended March 2.

Net income in the quarter was $98 million, or 19 cents a share, compared with a year earlier profit of $9 million, or 2 cents a share.

(Reporting by Euan Rocha; Editing by Janet Guttsman)

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