BlackBerry has revealed its financial results for its fiscal fourth quarter and the company announced that it sold 600,000 BlackBerry Priv smartphones in the quarter.
The company managed to sell 700,000 Priv handsets in the previous quarter and these latest sales figures are below analysts estimates of 850,000 units of the device for the quarter.
“Overall, BlackBerry’s Q4 performance was solid as we made progress on the key elements of our strategy, which are to grow software faster than the mobility software market, achieve device profitability and generate positive free cash flow,” said Executive Chairman and Chief Executive Officer John Chen.
“We have clearly gained traction and market share in enterprise software. We more than doubled our software and licensing revenue in Q4 and exceeded our target of $500 million for the full year. Looking to FY 2017, our strategy is on track and our growth engines are in place to continue to generate above market growth in software and achieve our profitability objectives,” said Chen.
It will be interesting to see if the company can increase the sales of their Android smartphone in their next financial quarter.
Source Cnet
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