Monetizing BBM has been a goal of BlackBerry for over a year, though it hasn't disclosed any revenue figures yet. Active users on the platform grew to 91 million in the quarter from 85 million, the company reported. BlackBerry is also reworking its smartphone offerings to phase out the longtime BlackBerry Bold model that has helped sustain sales during its most troubled days, while it will introduce the BlackBerry Classic later this year, a new take on its popular older phones. "We respect BlackBerry's strategy and turnaround plans, but ultimately, we remain cautious about long-term demand for the firm's products that will someday transform the company into a highly profitable firm," said Morningstar analyst Brian Colello in a note, which complimented the improvements through cost-cutting measures. "The much harder task, in our view, will be revitalizing demand for the company's handsets and converting software licensees to longtime paying customers."