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BlackBerry comeback continues on reports of strong sales

Shares of BlackBerry rallied on Thursday on reports that the company’s new smartphones are selling better than expected. Andy Perkins of Societe Generale said, per Barron’s, that his “checks” revealed that the BlackBerry Z10 and BlackBerry Q10 sold better in the fiscal Q2 than Wall Street expected. The analyst estimates that BlackBerry will pull in $3.7 billion in sales with a profit of $0.06 per share, up from earlier estimates of $2.7 billion. Perkins forecasts that the Z10 sold more than 4 million units, however Q10 sales aren’t expected to be as high. He explained that despite positive reception, the

Quoted from BlackBerry comeback continues on reports of strong sales on Gadgets News Headlines – Yahoo! News

BlackBerry's transformation from struggling smartphone pany into a burgeoning leader in cybersecurity software and connected cars is on track. BlackBerry's transformation from struggling smartphone pany into a burgeoning leader in cybersecurity software and connected cars is on track. 's transformati from struggling smartphe pany into a burgeing leader in cybersecurity stware and cnected cars is track. Tags: blackberrys, comeback, continues, click2houston, BlackBerry's eback continues - WISC 's transformati from struggling smartphe pany into a burgeing leader in cybersecurity stware and cnected cars is track. reported prits and Friday morning for its latest quarter that topped Wall Street's forecasts. The stock was up nearly 13 percent in early trading the news.

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