Struggling smartphone maker BlackBerry surprised investors today by posting a fiscal fourth quarter net profit of $28 million. However, enthusiasm was dampened by fourth quarter revenues of $660 million, down from $976 million in fourth quarter 2013 and below analyst expectations of $786 million.
BlackBerry is an afterthought in the device market, but the company wants to become much more of a software player in the next few years. However, the open question is whether the company has the wherewithal to achieve its goals.
Around three months after Ford Motor Co. chose BlackBerry subsidiary QNX's technology to power its Sync 3 in-car technology platform, and not technology from longtime partner Microsoft, Ford is now returning to Microsoft. Ford has contracted with Microsoft for the software giant to deliver cloud-based wireless updates to its connected cars.
Apple will soon start accepting Google's Android smartphones as part of an iPhone trade-in program, according to multiple reports, in an effort to juice sales of its latest iPhones and cut into Android's market share.
BlackBerry is teaming up with Samsung Electronics and IBM to offer a highly secure tablet for government and enterprise workers, but it will cost around $2,380.
BARCELONA, Spain--BlackBerry introduced a new touchscreen device and promised to release a new phone later this year with a dual-curved screen and slideout keyboard.
BARCELONA, Spain--Mobile World Congress kicked off with a bang this year, with a plethora of device announcements. Dozens of OEMs are on hand to offer their wares and meet with carriers. Here is a small sampling of some of the high-profile device launches thus far at the conference.
BARCELONA, Spain--BlackBerry is going to flesh out its future device strategy tomorrow here at Mobile World Congress, but in the meantime the company is offering more of its core software and services to larger smartphone platforms, including Google's Android, Apple's iOS and Microsoft's Windows.
Google's Android and Apple's iOS continued to thoroughly dominate the global smartphone market in the fourth quarter, according to research firm IDC, with Apple's iPhone 6 and 6 Plus driving Apple to gain share at Android's expense. Meanwhile, Microsoft's Windows Phone platform continues to be an also-ran in the market, though the company as vowed to introduce a range of new phones this year running its new Windows 10 software.
How did the wireless industry perform in the fourth quarter of 2014? Check here throughout the fourth-quarter earnings report season for full earnings reports from the wireless industry's carriers, handset makers, equipment suppliers and others.