0
Wireless

BlackBerry CEO not ruling out exit of handset business

Thursday 10 April 2014 | 12:29 CET | News
BlackBerry would consider exiting its handset business if it remains unprofitable, CEO John Chen said. "If I cannot make money on handsets, I will not be in the handset business," Chen said in an interview with Reuters, adding that the time frame for such a decision was short. He would not be more specific, but said it should be possible to make money off shipments of as few as 10 million a year. Chen said BlackBerry remained on track to be cash-flow positive by the end of the current fiscal year, which runs to the end of February 2015, and to return to profit some time in the fiscal year

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: BlackBerry
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

BlackBery CEO signals end to restructuring - report

Published 05 Aug 2014 14:07 CET | World
BlackBerry has concluded its restructuring process and is back on a growth footing, according to an internal memo to all its ...

BlackBerry quarterly results show gradual improvement

Published 19 Jun 2014 13:34 CET | World
BlackBerry reported a small improvement in results for its fiscal first quarter to May, helped by its focus on cost reductions, ...

Leading organisations invest in BlackBerry mobility services

Published 16 Apr 2014 17:25 CET | Canada
BlackBerry Limited has announced that several leading Canadian customers are deploying BlackBerry Enterprise Service 10 (BES10) ...

BlackBerry invests in healthcare IT leader NantHealth

Published 15 Apr 2014 16:15 CET | World
BlackBerry Limited has announced an investment in healthcare IT leader NantHealth. The companies intend to collaborate on the ...

BlackBerry CEO backs away from sale comments

Published 11 Apr 2014 09:54 CET | World
BlackBerry CEO John Chen said comments he made in an interview to Reuters were taken out of context. The article said that Chen ...

BlackBerry stopt misschien toch met maken handsets

Published 10 Apr 2014 07:38 CET | World
BlackBerry sluit niet uit dat het de komende jaren zal stoppen met het maken van mobiele toestellen. Dat zegt CEO John Chen in ...

BlackBerry upgrades BBM with stickers, new shop

Published 01 Apr 2014 16:55 CET | World
BlackBerry is bringing new features, including stickers, to BBM, after expanding the messaging service to other mobile operating ...

BlackBerry posts FY net loss of USD 5.9 billion

Published 28 Mar 2014 15:00 CET | World
BlackBerry has reported revenue of almost USD 976 million for the fourth quarter ending 01 March, down 18 percent or USD 217 ...

BlackBerry brings BES to Windows Phone, offers encrypted BBM

Published 25 Feb 2014 10:23 CET | World
BlackBerry has announced new products for the enterprise market, including expanding BES to the Windows Phone platform and an ...

BlackBerry to launch qwerty Q20, touch Z3 smartphones

Published 25 Feb 2014 10:01 CET | World
BlackBerry unveiled a new premium qwerty smartphone as well as a touch device for one of its largest markets, Indonesia. The ...

BBM Voice and BBM Channels launch for iPhone, Android

Published 13 Feb 2014 19:45 CET | United States
BlackBerry has announced a new version of BBM will be available for Android, iPhone and BlackBerry customers on 13 February. ...

Blackberry loses BBM executive

Published 11 Feb 2014 09:09 CET | World
The executive in charge of BlackBerry's instant-messaging tool, BBM, has left the company. Andrew Bocking left of his own ...

BlackBerry releases OS 10 update

Published 28 Jan 2014 15:01 CET | World
BlackBerry has released an update to its smartphone operating system, BlackBerry 10.2.1. The company said the "hundreds" of ...

BlackBerry to sell 3 mln square feet of real estate

Published 22 Jan 2014 08:50 CET | Canada
BlackBerry is planning to sell most of its real estate holdings in Canada. The manufacturer wants to sell 3three million square ...