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

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Categories: Mobile & Wireless
Companies: BlackBerry
Countries: World
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