Thorsten Heins brands BlackBerry Q4 performance ‘outstanding’

Thorsten Heins brands BlackBerry Q4 performance ‘outstanding’

BlackBerry chief executive Thorsten Heins has described the firm's fourth quarter performance as "outstanding".

He revealed that profits jumped by more than 500 per cent in the period on the back of the launch of the Z10 at the start of February.

Mr Heins indicated that the rise in profits was down to an increase in new customers taking on the device for its multitasking and business benefits, with 55 per cent of Z10 users coming from other platforms.

This is a fair number of people as BlackBerry has sold over one million handsets in the months since its launch, which also saw the introduction of the BB10 operating system.

Mr Heins also noted that the demand for the touch-screen smartphone has been greater than expected and BlackBerry was forced to increase production to meet the clamour for the Z10 in the UK, US, Canada, Australia, Singapore and Malaysia.

Mr Heins said: "Our financial transformation over the past 12 months has been outstanding. To say it was a very challenging environment to deliver improved financial results could well be the understatement of the year.

"We are pretty excited by the statistics we are getting from the market and that is testament to the strength of the product."

In the UK alone, Brian Bidulka, chief financial officer at BlackBerry, revealed that sales increased by 13 per cent sequentially, representing £232 million of the total revenue for the period.

He went on to note that smartphones have been the main focus of the businesses for a number of months, but that it is still dedicated to other markets, which could indicate a further foray into the tablet market.

However, before that occurs the Canadian firm is focusing on the launch of the highly-anticipated Q10 and recently announced an update to the BB10 operating system which relates to the new device.

The upgrade to BB10.1 comes as the Q10 features a QWERTY keyboard, something that is held in high regard by traditional BlackBerry users. The feature needed various OS adjustments in order to provide the improvements the firm wanted to make to typing and multitasking features.