BlackBerry's turnaround efforts showed signs of bearing fruit in the company's fiscal 2015--the year to end-February--with the company cutting its annual net loss and even generating a slight profit in its fiscal Q4.
Anticipation is high for the upcoming launch of Samsung's Galaxy S6 and S6 Edge smartphones, which are scheduled to hit stores April 10, with most major operators taking preorders for the devices starting today. To try to steal customers away from the competition, operators T-Mobile and Sprint are getting creative with their Galaxy S6 and S6 Edge deals.
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.
Jolla, a start-up Finnish smartphone maker, expanded into Africa through a deal to supply Namibian operator TN Mobile through third party distributor LexConsult.
Total number of registered mobile money accounts reached 300 million by the end of December 2014, according to a report from the GSMA.
T-Mobile US is planning to lure subscribers away from the competition with the promise of a year's worth of video streaming service Netflix with the purchase of a new Samsung Galaxy S6 or S6 Edge.
Microsoft is expanding its partnership with Samsung Electronics to pre-load some of its software and services on Samsung's Android devices. Further, Microsoft struck deals with several lesser-known Android device makers to do the same thing, continuing a strategy of getting its services key real estate on phones and tablets running Google's Android platform.
Mobile startup Cyanogen, which aims to cut into Google's control over the Android platform by offering a modified version of the software, raised $80 million in fresh funding.
Amazon plans to launch a new section of its Android-based Appstore that will let users access a range of paid apps and those that have in-app purchases free of charge, according to a TechCrunch report.
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.