BlackBerry posted a surprise profit in its fiscal fourth quarter and revealed it sold 1 million Z10 smartphones, which was more than what analysts were expecting.
Analysts were anticipating the Canadian cellphone maker to sell more than 900,000. The Z10 launched in the U.S. with AT&T last week. Earlier this week, the Z10 began selling from T-Mobile, and it launched Thursday with Verizon. The sales that are included come from Britain, Canada and other markets, where the Z10 phone sold for about a month before the quarter ended.
BlackBerry has tied its hopes of remaining relevant in the smartphone market to the new smartphone and BlackBerry 10, its all-new operating system.
In general, investors seem pleased with quarterly report and Z10 sales. BlackBerry stock was up more than 2% in mid-session trading.