BlackBerry said its revenue decreased 64 percent to $976 million for the fourth quarter of fiscal 2014 due to poor demand for its latest smartphones including Z10, Z30, Q10, Q5, etc.

The Ontario, Canada-based smartphone vendor said it sold 1.1 million BlackBerry smartphones on the latest OS and 2.3 million BlackBerry 7 devices on the old OS in Q4.

The device vendor said approximately 37 percent revenue came from hardware, 56 percent from services and 7 percent from software and other revenue.

During the fourth quarter, the company shipped approximately 1.3 million BlackBerry smartphones compared to approximately 1.9 million in the previous quarter.

It posted loss of $423 million in the fourth quarter as compared with a loss of $4.4 billion in the year ago quarter.

BlackBerry’s full year revenue decreased 38 percent to $6.8 billion. Net loss was $628 million for the fiscal 2014.

In the last several months, BlackBerry made changes to top level changes to regain its smartphone share. The launch of new phones on the Android OS platform threatened BlackBerry smartphone market share. Recently, the company said it would add phones for emerging telecom markets including Indonesia and India.

Geographic Revenue Breakdown

Blackberry

(United States dollars, in millions)

Revenue by Region

	For the quarter ended
	March 1, 2014				November 30, 2013				August 31, 2013				June 1, 2013				March 2, 2013
North America	$	297	30.4	%	$	340	28.5	%	$	414	26.3	%	$	761	24.8	%	$	587	21.9	%
Europe, Middle East and Africa		412	42.2	%		549	46.0	%		686	43.6	%		1,343	43.7	%		1,227	45.8	%
Latin America		127	13.0	%		135	11.3	%		196	12.5	%		449	14.6	%		479	17.9	%
Asia Pacific		140	14.4	%		169	14.2	%		277	17.6	%		518	16.9	%		385	14.4	%
Total	$	976	100.0	%	$	1,193	100.0	%	$	1,573	100.0	%	$	3,071	100.0	%	$	2,678	100.0