BlackBerry's financial results for Q4 are out showing the company managed to end it on a profit. For the three-month period ending on February 28, BlackBerry reports a net profit of $28 million, while a year earlier the company's situation wasn't rosy with a $148 million loss.
While many analysts predicted a revenue of around $790 million, BlackBerry reported it to be slightly lower at $660 million. The company's software division plays a major role in the revenue bump, as it generated $67 million compared to Q4 2013.
This is good indication that BlackBerry's efforts to shift its revenue model from hardware-driven to software-driven could end positively for the company. Finally, BlackBerry is finally boasting a positive cash flow of $76 million, as the days of its financial turmoils hopefully far behind.
From Z10 NOW TO Z30. Can't be better and loving my blackberry as always. BB is the more safer to use that the androids. A lot of people just doesn't know what's there to know about android os and their apps and 3rd parties apps. Hope Blackberry ke...
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