BlackBerry gets order for 1 million new smartphones from an unnamed buyer

WATERLOO, Ont. – Shares of BlackBerry rose more than eight per cent on Wednesday after the company announced it has sold 1 million of its new smartphones to a mystery buyer.

The Waterloo, Ont.-based company said an “established partner” made the purchase, though it cited confidentiality reasons for not revealing the identity.

Shares moved ahead $1.21 to close at $16.04 on the Toronto Stock Exchange.

It’s the first time the smartphone maker has revealed sales data for its new devices.

Chief executive Thorsten Heins has said the new BlackBerry Z10 touchscreen phone is selling better than the company expected, while Canadian carrier Bell (TSX:BCE) said last month that preorders broke its previous records for BlackBerry presales.

Meanwhile, the U.S. rollout of the device continues, with Verizon Wireless announcing that it will begin stocking the BlackBerry Z10 on March 28, with preorders starting on Thursday.

News from © The Canadian Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community? Create a free account to comment on stories, ask questions, and join meaningful discussions on our new site.

Leave a Reply

You must be logged in to post a comment.
The Canadian Press

The Canadian Press is Canada's trusted news source and leader in providing real-time, bilingual multimedia stories across print, broadcast and digital platforms.