Although BlackBerry reported good last quarter, the company is far from recovery. The good thing is the sales of BlackBerry Priv is great, and the phone has yet to reach all countries. If you like the phone, but not the price, you'll be happy to hear that a price cut is coming.

During the conference call, the company's CEO John Chen confirmed that the price cut is on the way that should happen around the time of the Mobile World Congress trade show in Barcelona, which will be held from February 22nd to the 25th.