BlackBerry makes $98 million quarterly profit, ships one million Z10s

BlackBerry just issued its quarterly results, and it was not as bad as analysts expected. When all is said and done, the Canadians made a profit of $98 million, which amounts to 19 cents a share, on revenues of $2.7 billion.

The profit part is fine, but the revenue one is down 36% when compared to the same quarter in the previous financial year. Six million BlackBerry smartphones were shipped, and even 370,000 BlackBerry PlayBooks made the rounds.

BlackBerry's quarter in question ended on March 2, the Z10 was available in several countries, being on sale in Canada since February 5th. Out of those 6 million phones, a million were BlackBerry Z10, which is not a bad feat at all, mainly because of UK sales. As per the President and CEO of BlackBerry Thorsten Heins:

With the launch of BlackBerry 10, we have introduced the newest and what we believe to be the most innovative mobile computing platform in the market today. Customers love the device and the user experience, and our teams and partners are now focused on getting those devices into the hands of BlackBerry consumer and enterprise customers…

We are also excited about the new, dynamic culture at BlackBerry, where we are laser-focused on continuing to drive efficiency and improve the Company’s profitability while driving innovation. We have built an engine that is able to drive improved financial performance at lower volumes, which should allow us to generate additional benefits from higher volumes in the future.

The bad part is that the BlackBerry subscribers globally keep shrinking, and were down to 76 million now, compared to 79 million in the previous quarter.