BlackBerry unexpectedly reported a profitable quarter, despite device sales rapidly declining. BlackBerry CEO John Chen’s turnaround plan is certainly seeing positive results.
During the earnings call, John Chen revealed further insight into the company’s wellbeing and a deep breakdown of the earnings.
Over 90 percent of the total BlackBerry smartphones shipped for Q4 FY 2015 were new devices. The BlackBerry Passport and Classic accounted for the figure, said Chen.
Additionally, early reports show the BlackBerry Passport and Classic have been selling well at US carriers AT&T and Verizon, added Chen.
While we don’t know hard sales figures, it’s great to hear the company reporting positive news from the two biggest US carriers.
“Our focus this past year was on getting our financial house in order while creating a multi-year growth strategy and investing in our product portfolio. We now have a very good handle on our margins, and our product roadmaps have been well received,” said John Chen. “The second half of our turnaround focuses on stabilization of revenue with sustainable profitability and cash generation.”