(NEW YORK) -- For BlackBerry (formerly RIM), Friday has been a long time coming. A year and a half after previewing BlackBerry 10, its completely overhauled software for phones, the company is finally launching its first phone based on the platform in the U.S.
Starting on Friday, the BlackBerry Z10 will be on sale at AT&T stores for $199 with a two-year contract. It will be available at Verizon and T-Mobile next week.
But the launch comes at a hard time for the Canada-based company, which has lost significant market share in the last few years. The two major smartphone players, Google and Apple -- who unseated BlackBerry in the first place -- are pushing their wares even harder at the moment.
Just last week, Samsung announced its latest Galaxy S4 Android phone to much fanfare and Apple has now started to push its iPhone 5 even more to compete with it.
But BlackBerry CEO Thorsten Heins isn't fazed. He's ready for the fight, he told ABC News in an interview, and believes the new BlackBerry provides something entirely different and better.
"They are innovating, they are always improving the hardware, for example," Heins said. "But from a pure user experience perspective, we did something that was new. We did something different and that is more attractive to users because it just makes their lives easy."
BlackBerry's position still is very much like its old position, in that the device is still aimed at the connected professional, or what Heins calls " the hyperconnected multitasker."
Yet the new phones leave behind BlackBerry's reputation of making outdated and sluggish hardware. The Z10 has all the specifications of a high-end smartphone: a dual-core processor, 2GB of RAM, LTE and a 4.2-inch HD touchscreen.
The all-touchscreen device will be joined by the more traditional-looking BlackBerry Q10, which has a hardware keyboard, in a few months.
But the BlackBerry 10 software is what sets the devices apart, says Heins. This week, he even went so far as to call the iPhone's software interface old in an interview with Australian Financial Review.
"When touch devices got introduced five years ago, it was a revolutionary user interface, with apps and the application grid," Heins told ABC News. "But what we did was take this to the next level and renovated the application grid."
BlackBerry 10 features unique multitasking features, including Peek and Flow, which allow you to swipe up and over to and see your notifications or messages from any screen. A feature called BlackBerry Balance creates separate work and personal areas on the phone.
And because it's a modern smartphone it has apps too. Despite software developers' having to create all new applications for the new platform, BlackBerry has secured over 100,000 BlackBerry10 applications in its store. There are popular ones too such as Facebook, Twitter, Foursquare, Evernote and more.
However, some key apps like Instagram and Netflix are still missing. Apple and Google have over 700,000 in their respective app stores. Microsoft's Windows Phone faces similar challenges to BlackBerry; as of December 2012, it had 150,000 apps in its store.
Copyright 2013 ABC News Radio