Any facts and figures of the BlackBerry’s financial results for the three months and fiscal year ended March 1, 2014.
Blackberry is still awaited to returning to growth and profitability. Pending to capture break in cash flow results
by the end of fiscal 2015, Connectikpeople.co congrats the company for having streamlined
its operations, and reached expense reduction.
As, a unique
objective reference for modern organizations and professionals, when it comes
to Tools, Supports and Solutions for drawing value in their daily activities,
Connectikpeople.co has captured some figures
which may interest you.
Revenue for the fourth quarter of fiscal 2014 was approximately $976
million, down $217 million or 18% from approximately $1.2 billion in the
previous quarter and down 64% from $2.7 billion in the same quarter of fiscal
2013. The revenue breakdown for the
quarter was approximately 37% for hardware, 56% for services and 7% for
software and other revenue.
Connectikpeople.co also recalls that, during the fourth quarter, the
Company recognized hardware revenue on approximately 1.3 million BlackBerry
smartphones compared to approximately 1.9 million BlackBerry smartphones in the
previous quarter. During the fourth quarter, approximately 3.4 million
BlackBerry smartphones were sold through to end customers, which included
shipments made and recognized prior to the fourth quarter and which reduced the
Company's inventory in channel. Of the BlackBerry smartphones sold through to
end customers in the fourth quarter, approximately 2.3 million were BlackBerry
7 devices.