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BlackBerry CEO Clarifies Stand on Handset Biz

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Apr 9, 2014, 7:20 PM   by Eric M. Zeman
updated Apr 10, 2014, 7:57 AM

BlackBerry CEO John S. Chen today clarified comments he made about dropping the company's smartphone business. Speaking to Reuters on Wednesday, Chen said, "If I cannot make money on handsets, I will not be in the handset business." Chen insists this comment was taken out of context and that the resulting story, which suggested BlackBerry might soon sell its handset unit, is not accurate. "I want to assure you that I have no intention of selling off or abandoning this business any time soon.‎ I know you still love your BlackBerry devices. I love them too and I know they created the foundation of this company. Our focus today is on finding a way to make this business profitable," said Chen in a post to the company's blog today. "We will do everything in our power to continue to rebuild this business and deliver devices with the iconic keyboard and other features that you have come to expect from this brand.‎ Rest assured, we continue to fight. We have not given up and we are not leaving the Devices business." Sales of BlackBerry handsets have plunged in recent years amidst stiff competition. In the last several quarters older BlackBerry 7 devices have outsold newer BlackBerry 10 devices. BlackBerry has already inked a deal with Foxconn to design and manufacture low-cost smartphones.

more info at Reuters »
more info at BlackBerry »

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Subject Author Date
Why are we pretending to be surprised that T Bone Apr 12, 2014, 11:37 AM
So much for that... Bababooey Apr 9, 2014, 7:59 PM
 
 
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