BlackBerry shipped 2.7 million BB10 devices in Q1
Smartphone maker posts $84m loss during first three months of 2014 financial year.

BlackBerry shipped less than three million BlackBerry 10 (BB10) devices during the first three months of its financial year, the company has confirmed.
The beleaguered smartphone maker released its first quarter financial results for 2014 earlier today, where it revealed that 6.8 million BlackBerry handsets and 100,000 PlayBook tablets had been shipped during the three months to 1 June.
Over the next three quarters, we will be increasing our investments to support the roll out of new products and services.
The financial statement stopped short of revealing just how many of these handsets sported the BB10 operating system, but the company later spilled the beans during an earnings call and confirmed that just 2.7 million had shipped.
The shipment figures come as something of a surprise, given that BlackBerry previously trumpeted the fact that one million of its recently introduced Z10 smartphones had shipped during its first three weeks on sale, leading many to assume that this early momentum would continue on.
The company also posted an $84 million loss during Q1. This was a marked improvement on last year's results, though, which saw the firm chalk up a loss of $518 million.
Meanwhile, its Q1 revenue was up 15 per cent on the previous quarter at $3.1 billion.
Hardware accounted for 71 per cent of the firm's Q1 revenue, followed by services at 26 per cent, and software and other revenue at three per cent.
Get the ITPro daily newsletter
Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives
In a statement, Thorsten Heins, chief executive of BlackBerry, said it was still early days for the new operating system and its accompanying devices.
"The BlackBerry 10 platform and BlackBerry Enterprise Service 10 are proving themselves to customers to be very secure, flexible and dynamic mobile computing solutions," he said.
"Over the next three quarters, we will be increasing our investments to support the roll out of new products and services, and to demonstrate that BlackBerry has established itself as a leading and vibrant player in next generation mobile computing solutions for both consumer and enterprise custotmers."
At the time of writing, BlackBerry shares were down around 27 per cent and were trading at $10.59 each.
-
Why are many men in tech blind to the gender divide?
In-depth From bias to better recognition, male allies in tech must challenge the status quo to advance gender equality
By Keri Allan
-
BenQ PD3226G monitor review
Reviews This 32-inch monitor aims to provide the best of all possible worlds – 4K resolution, 144Hz refresh rate and pro-class color accuracy – and it mostly succeeds
By Sasha Muller
-
Blackberry revenue falls by 4% as cyber security division takes hit
News Despite this, the company’s Internet of Things (IoT) division increased its revenue by 28% as it attracted new customers from the automotive sector
By Zach Marzouk
-
BlackBerry revival is officially dead as OnwardMobility shuts down
News The Texas-based startup is mysteriously shutting down and taking its ultra-secure 5G BlackBerry with it
By Bobby Hellard
-
BlackBerry and AWS are developing a standardized vehicle data platform
News Platform will give automakers a standardized way to process data from vehicle sensors in the cloud
By Rene Millman
-
BlackBerry thwarts mobile phishing attacks with new AI tools
News The company's Protect Mobile platform alerts users to potential malware before a link is clicked
By Tyler Omoth
-
BlackBerry Persona Desktop delivers zero-trust security at the endpoint
News New security solution learns user behavior and can take action if there’s an abnormality
By Justin Cupler
-
A 5G BlackBerry phone with physical keyboard is coming in 2021
News The business phone to be resurrected with OnwardMobility and FIH Mobile planning a security-savvy enterprise handset
By Bobby Hellard
-
The business smartphone is dead
In-depth BlackBerry’s demise signals the end of the business-first handset
By Carly Page
-
BlackBerry Key2 review: The best physical keyboard no one asked for
Reviews Despite the improvements, the flaws of BlackBerry’s Key range are still front and centre
By Bobby Hellard