Former BlackBerry CEO Mike Lazaridis to Leave Company
BlackBerry today announced during its quarterly earnings call that former co-CEO Mike Lazaridis would retire from his seat at the company's board of directors effective May 1. Lazaridis founded BlackBerry with Jim Balsillie, which was called Research In Motion during their leadership tenure. Both Lazaridis and Balsillie left their co-CEO roles in January 2012 and were replaced by now-CEO Thorsten Heins. "With the launch of BlackBerry 10, I believe I have fulfilled my commitment to the Board," Lazaridis said. "Thorsten and his team did an excellent job in completing BlackBerry 10. We have a great deal of which to be proud. I believe I am leaving the company in good hands. I remain a huge fan of BlackBerry and, of course, wish the company and its people well." Lazaridis and Balsillie were often criticized for not recognizing the threat represented by the Apple iPhone, and later, Android smartphones. Sales of BlackBerry handsets fell rapidly during their last year as co-CEOs as consumers flocked to smartphones running Apple's and Google's operating systems instead. BlackBerry launched its brand new operating system, BlackBerry 10, earlier this year. The first BlackBerry 10 device, the Z10, reached AT&T, T-Mobile, and Verizon Wireless all within the last week.
BlackBerry CEO Says 2016 May Be Last Year for Smartphones
BlackBerry CEO John S. Chen today said its smartphone business needs to generate a profit in 2016, "Otherwise, I have to think twice about what I do there." Chen's comments offer more insight into BlackBerry's frame of mind regarding smartphones.
BlackBerry CEO Says Smartphone Biz Is On a Timer
John S. Chen, CEO of BlackBerry, admitted that its recent handsets have not sold as well as he hoped.
BlackBerry Debuts ‘Fan League’ for Enthusiasts
BlackBerry Mobile today kicked off the BlackBerry Fan League, a way for BlackBerry smartphone enthusiasts to connect with the brand. BlackBerry says participants will have the opportunity to win prizes, including smartphones, as well as participate in surveys and beta programs, and interface directly with the BlackBerry Mobile team.
BlackBerry All But Gives Up On Smartphones
BlackBerry CEO John S. Chen said the company plans to reduce the number of handsets it makes each year to one or two.