BlackBerry gets order for 1 million new smartphones

The Canadian Press

Posted: Mar 13, 2013 4:43 PM ET

Last Updated: Mar 13, 2013 4:40 PM ET

Shares of Blackberry moved higher Wednesday after it announced an order for one million of its new smartphones. (Andrew Winning/Reuters)

Shares of BlackBerry rose more than eight per cent on Wednesday after the company announced it has sold one 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 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.

Stay Connected with CBC News

Big Box Advertisement

Top News Headlines

Will Rob Ford's supporters leave Ford Nation?

Will Rob Ford's supporters leave Ford Nation?: The growing controversy over a purported video alleging to show Toronto Mayor Rob Ford smoking crack cocaine may be testing the faith of even his most die-hard supporters. But experts say Ford's policies may trump whatever personal issues he's facing, and that his supporters may rally behind him. more »

Hockey Canada votes to ban bodychecking in peewee hockey: Hockey Canada's board of directors voted to eliminate bodychecking from peewee-level hockey on Saturday in Charlottetown. more »
Neil Macdonald: How serious is Obama about curbing the drone surge?: In a key speech this week, the U.S. president set out a host of supposed new safeguards for America's controversial practice of remote-controlled rough justice. But as Neil Macdonald writes, the underlying rationale for drone use has not fundamentally changed. more »
Repairing the damage in this week's Generation Why: How does one get through the days and weeks following a natural disaster, a senseless tragedy, or even a crash-landing back on Earth? In this week's issue of Generation Why, several contributors recommend stories about repairing the damage, and trying to move forward. more »
Toronto Mayor Rob Ford denies using crack cocaine: The mayor of Canada's largest city told a packed news conference that he doesn't use crack cocaine and isn't a crack addict — and new allegations surfaced Saturday involving Ford's brothers. more »

Must Watch

Latest Business Headlines

Growing appetite for American whisky straining supply

Growing appetite for American whisky straining supply: Fans of some American whiskies might soon be scrambling to find their favourite brand because of a seemingly insatiable demand for bourbon, rye and other styles of whisky that shows no sign of abating. more »

Royal Bank pledges not to outsource jobs for cash savings: Royal Bank has promised it will never outsource a Canadian job to a foreign worker solely to save money. more »
Canada threatens retaliation over U.S. meat-labelling rules: The federal government is threatening "retaliatory measures" against the United States in a dispute over meat-labelling rules that Ottawa and the World Trade Organization consider discriminatory. more »
Canada ranks 3rd last in paid vacations: Canada ranks third last among economically advanced countries in the amount of paid vacation time it guarantees its workers, a new U.S. study indicates. more »
MTS to sell Allstream, put $200M to pension and debt: Manitoba Telecom Services Inc. has agreed to sell its Allstream business telecommunications arm to an Egyptian investment group and use about half of the $405 million in proceeds to reduce its pension obligations and debt. more »

More Headlines »

Lang & O'Leary Exchange

Markets

TSX COMPOSITE

Rotate stock indices Pause stock rotation Show previous stock PLAY

May 25, 2013 12:00 AM ET May 25, 2013 12:00 AM ET May 25, 2013 12:00 AM ET May 25, 2013 12:00 AM ET May 25, 2013 12:00 AM ET

Index	Last Trade	Change
TSX COMPOSITE	12667.22	9.13
DOW	15303.10	8.60
NASDAQ	3459.14	-0.28
SP 500	1649.60	-0.91
TSX-VENTURE	948.32	6.27

The data on this site is informational only and may be delayed; it is not intended as trading or investment advice and you should not rely on it as such.