Last year, BlackBerry introduced a number of handsets, the BlackBerry Classic and BlackBerry Passport, which was expected to help the company boost its revenues.
However, it appears they are not doing as good as expected, if the new report is to be believed. The folks at Morgan Stanley in a note to clients mentioned the company sold 8,000 units of the BlackBerry Classic and Passport in the current quarter, which isn’t too impressive.
The note didn’t disclose the expected numbers, but the sales figures are “not tracking anywhere close” to the expected sales numbers.
BlackBerry Passport did receive some success when it launched last year when the company sold 200,000 units of the odd-looking smartphone. The second batch was also sold out, and later the handset made its way to AT&T in the US with minor design changes such as the rounded corners. Even the BlackBerry Classic sold out although the exact number wasn’t revealed.
Morgan Stanley further mentions the company has to sell 2-3 million untis in the 2016 fiscal year. The company is also aiming to generate $500 million in software revenue, but the firm says it’s unlikely to achieve it either.
Let’s see what the company achieves by the end of the year, and if both handsets can help the company in achieving profitability.
Source: PhoneArenaFiled Under: Mobile Phone News