BlackBerry has reported their quarterly earnings report yesterday for their second quarter of fiscal 2015 that ended August 30, 2014. The company has posted a smaller loss of $207 million which amounts to about $0.39 loss per share. It has reported $916 million revenue, which breaks down to 46% for hardware (compared to 39% last quarter), 46% for services (compared to 54% last quarter) and 8% for software.
It made hardware revenue on approximately 2.1 million BlackBerry smartphones and shipped approximately 2.4 million BlackBerry smartphones in the quarter. We are confident that we will achieve break-even cash flow by the end of FY15, said the CEO John Chen. BlackBerry Z3, the company’s latest mid-range BlackBerry 10 smartphone saw a huge success in several countries, said the CEO in the earnings calls. So far it has launched the Z3 smartphone in 12 countries and plans to launch it in 10 more countries.
BlackBerry Passport that was launched couple of days back saw 200,000 orders till now in the counties where it’s on sale and it sold out in 6 hours on BlackBerry.com. The company plans to launch the BlackBerry Classic (Q20) by the end of the year.
The BlackBerry Blend data sharing app available on BlackBerry 10.3, iOS and Android has seen tremendous receptivity so far, says BlackBerry. It plans to launch identity management software later this year. BBM protected, BBM Meetings and BBM Money would also launch later this year. BBM protected for iOS and Android would also launch this year.
Now there are 91 million monthly active BBM users, up from 85 million in the previous quarter, said BlackBerry. The company acquired Secusmart and Movirtu in the quarter.