Black Berry (NASDAQ:BBRY)’s latest smartphone Z10 has made a selling beyond the expectation, reveal by the firm CEO Thorsten Heins.
Heins claimed that the recent sale analysis show that 55 percent of purchasing of Z10 handset are coming from many other platforms than BlackBerry. Blackberry shares also saw hike with increase of 4 percent plus to $15.21 in early trades.The company report a good operating profit of $98 million on Thursday morning for its Q4.
The BBRY CEO, in a conference call, declared an overall profit of $98 million or 19 per cent per share, as compared to $125 million, or 24 per cent per share for Q4 in last year.
Adjusted earnings of BBRY were declared as $114 million or 22 percent per share, with the Fact set analyst expectation of around 30 percent on each share.
However,Blackberry (NASDAQ:BBRY) declared overall loss of approx three million subscribers.
Apple Inc. (NASDAQ:AAPL) plans to reduce the overall number of its iPad Mini shipments for the second quarter of 2013, reports by DigiTimes.
Apple Inc. (NASDAQ:AAPL) is expected to cuts iPad Mini shipments from 12 million units to approximately 10 million.
Apple Inc. (NASDAQ:AAPL)’s might reduce iPad Mini volume as much as 25 per cent in April.
Its also speculated that Apple Inc. (NASDAQ:AAPL) will reduce iPad Mini supply in anticipation for launching the new model in the third quarter . The other reason for shipment cut might be strong demands for 7 inch tablets that are powered by Google Inc (NASDAQ:GOOG)’s Android OS.
In 2013, Apple’s adjusted shipment for iPad is almost 33 million and for the iPad Mini is 55 million according to the sources.