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BlackBerry Z10 Launches but Concerns Remain

With much of BlackBerry's 79 million users coming from the emerging markets, McCourt noted that a BlackBerry 10 Curve, an entry-level phone, may make sense down the line.

"We think a BB10 Curve would give BlackBerry a competitive boost in emerging markets, but there has been no word yet on a BB10 Curve," McCourt noted. This plays into concerns that shipments to emerging markets are declining. Research firm Gartner said BlackBerry's shipments to emerging markets declined 33% year over year and 20% sequentially in the fourth quarter of 2012. It's of the utmost important for BlackBerry to do something there, and fast.

Shares of BlackBerry were higher in early Friday trade, up 1% to $16.32.

-- Written by Chris Ciaccia in New York

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