
BlackBerry is to launch its first Android-powered smartphone, the PRIV, in the Middle East in January, the Canadian telco giant announced
The device will be launched in the UAE at the start of 2016 and in Saudi Arabia soon after.
The smartphone brand's latest model will include a dual-curved screen, touch and physical keyboards, state-of-the-art 18MP camera, and a long-lasting battery.
“PRIV is the first BlackBerry smartphone running Android and it creates a new market opportunity for us in the Middle East with users who are entrenched in the Android ecosystem and who are seeking greater productivity and more powerful privacy features,” said Mike Al Mefleh, product management director Middle East, BlackBerry.
The news comes as it was revealed at the weekend the smartphone operator's pivot to software has begun to show traction, Reuters reported.
The company reported a smaller quarterly loss and its first quarter-to-quarter revenue increase in over two years, sending its stock soaring 13 percent.
Significantly, gains in software revenue more than offset a steepening decline in legacy system access fees for the first time, and the Waterloo, Ontario-based company said this trend should continue.
BlackBerry has staked its turnaround on software and more aggressively licensing its trove of patents after its once-dominant handsets conceded the consumer smartphone market.
"BlackBerry hit a software number that investors have been looking for them to hit for quite some time," said Morningstar analyst Brian Colello. "I think the investment in security, in software, is the right move."
The better-than-expected results were driven by a sharp jump in software and patent licensing revenues and a higher average selling price for phones, driven by the PRIV.
"We're planning on other Android phones, but it all hinges on how we do with the PRIV," said Chen at a media roundtable, adding the PRIV will be hitting over 30 countries this quarter.
Chen, who sees the hardware business possibly turning the corner this quarter, said BlackBerry is open to licensing some of its proprietary software features.
In the quarter ended November 28, BlackBerry reported a loss of $89 million, or 17 cents a share. That compared with a year ago loss of $148 million, or 28 cents a share.
Excluding restructuring charges and other one-time items, the company posted a loss of $15 million, or 3 cents a share.
Quarterly revenue fell 31 percent to $548 million from a year earlier, but rose 12 percent from the prior quarter, after nine consecutive quarters of declines.
Reuters analysts, on average, expected BlackBerry to post a loss of 14 cents a share on revenue of $489 million.
Software revenue more than doubled in the quarter, putting BlackBerry within striking range of its $500 million target for the fiscal year ending Feb. 29, 2016.
Device sales also rose for the first time in four quarters to $214 million from $201 million in the second quarter on the back of the Priv.
BlackBerry sold 700,000 devices, down from about 800,000 in the prior period, but average selling prices jumped to $315 from $240.
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