3/14/2013 12:30:15 PM
BlackBerry boosted by largest ever handset deal
BlackBerry shares have leaped to a one month high after it signed an order with a mystery company for one million BlackBerry Z10 devices.
The manufacturer was cagey on who the company was or what region it traded in. The deal is the largest in BlackBerry's history and comes ahead of its first quarter results later this month. The financial figures will give the first indication of how the BB10 devices have performed. They were unveiled on 30 January, with the Z10 devices going on sale in the UK on the following day. The devices have yet to hit the United States, with the Z10 launching next week.
Rick Costanzo executive vice-president for global sales at BlackBerry, said: 'An order for one million devices is a tremendous vote of confidence in BlackBerry 10. Consumers are ready for a new user experience, and BlackBerry 10 delivers. With strong partner support, coupled with this truly re-invented new platform, we have a powerful recipe for success.'
At the end of trading on the Nasdaq yesterday (13 March), BlackBerry shares were trading at $15.65, up 8.2%.
Author: Graeme Neill