2 ms·
I just watched a recent interview with the CEO. The interviewer asked why doesn't BlackBerry get out of hardware. Chen responded that the reason is two fold: 1.
by djloche 12y ago
I just watched a recent interview with the CEO. The interviewer asked why doesn't BlackBerry get out of hardware. Chen responded that the reason is two fold: 1. Their hardware is profitable and represents a significant chunk of their revenue. If they weren't making money with it, he'd get out. 2. Their devices allow them provide the end to end security solutions that their government and enterprise customers need.
They seem like they're on the right track and will continue to post profitable, cashflow positive quarterly results. I'm interested to see how they monetize BBM. I'm interested to see how quickly they gain share in other niches ( healthcare/insurance specifically).