John Chen explains why BlackBerry still makes phones

John Chen explains why BlackBerry still makes phones
Fox News' Maria Bartiromo had an opportunity to speak to BlackBerry CEO John Chen for an interview published in USA Today. Chen, who has been running the company for 18 months, said that his first priority is to turn a profit. He notes that BlackBerry was in the black for the last two quarters, generating cash. The company does has $3 billion in the bank. He also points out that BlackBerry acquired three companies that fit well with its leading position in security, and its focus on enterprise sales, power users and government workers.

Ever wonder why, with its poor phone sales, BlackBerry remains in the hardware business? John Chen says that it's a good business to be in if (and it's a big if) you can make money. BlackBerry handsets are also the device that introduce customers to the company's security services and data management. "So this is why all the governments in the major developed countries are using our devices," BlackBerry's CEO says. "You can see the heads of state using our devices."

Chen's biggest problem at the moment is replacing the services fee that carriers used to pay BlackBerry when users of their old models paid their monthly invoice. Chen says that this fee was the highest margin revenue that the company had, and is now shrinking as consumers replace old 'Berrys with newer models or with a competitor's model. Because they have high margins, Chen says that if he can grow the software and messaging business, he will be able to make up for the slowing services revenue. Overall, he sees more opportunity overseas than in North America.


source: USAToday via Crackberry

FEATURED VIDEO

167 Comments

1. realjjj

Posts: 375; Member since: Jan 28, 2014

The question is why they make phones that don't sell and why they plan to keep doing so. The keyboard is done, their own OS is done and they don't want to accept it.

4. BobbyDigital

Posts: 2125; Member since: May 29, 2014

The real question is, why come to an article to comment negatively about it. If you don't like said product, don't comment. Skip it right on by. Unless, of course, you just enjoy trolling.

21. BLUEBLASTER

Posts: 930; Member since: Feb 23, 2014

Eh because he has a right to his opinion whether right or wrong. Why do you care what others think?

23. meanestgenius

Posts: 22043; Member since: May 28, 2014

Because he has a right to respond to any post in a public forum. Why do you care that he did?

120. BobbyDigital

Posts: 2125; Member since: May 29, 2014

+1 dude! That jack@ss did the exact same thing he was trying to diss me for doing.

72. Mxyzptlk unregistered

Lol way to put him down. +1

74. meanestgenius

Posts: 22043; Member since: May 28, 2014

Way to be a jock rider. And you accuse others of this? The hypocrisy continues....

85. Mxyzptlk unregistered

Come up with your own material

90. meanestgenius

Posts: 22043; Member since: May 28, 2014

If the shoe fits, lace that mutha up.

92. Mxyzptlk unregistered

You should learn not to stick your foot in your mouth. Keep from tracking bs everywhere.

101. meanestgenius

Posts: 22043; Member since: May 28, 2014

You should learn to own up to your own BS and not be such a coward and a hypocrite.

134. Mxyzptlk unregistered

You sound like a preprogrammed bot.

115. BobbyDigital

Posts: 2125; Member since: May 29, 2014

LAME. But you should be used to that now.

135. Mxyzptlk unregistered

Your comments are so lame

154. BobbyDigital

Posts: 2125; Member since: May 29, 2014

About as lame as you. At least thats what the fellas say about you.

114. BobbyDigital

Posts: 2125; Member since: May 29, 2014

Why do you care that I responded to someone's trolling comment in a public forum? Is that your girlfriend or something and you're running to her defense?

136. Mxyzptlk unregistered

Someone is salty

153. BobbyDigital

Posts: 2125; Member since: May 29, 2014

Someone's a troll.

46. Scott93274

Posts: 6033; Member since: Aug 06, 2013

I think it's due to self-esteem issues. People just need to get laid, these comments sections would be far more pleasant I think.

86. Mxyzptlk unregistered

Eh because he has a right to his opinion whether right or wrong. Why do you care what others think?

87. Scott93274

Posts: 6033; Member since: Aug 06, 2013

If trolling were the result of a lack of sexual gratification, Mxyzptlk here is the 40 year old virgin.

91. Mxyzptlk unregistered

Perhaps your craziness is a lack of gratification.

93. Mxyzptlk unregistered

Is from *

95. Scott93274

Posts: 6033; Member since: Aug 06, 2013

Referencing post 85. "Come up with your own material"

117. BobbyDigital

Posts: 2125; Member since: May 29, 2014

Good job shutting Mxy's trolling @ss down! +1

137. Mxyzptlk unregistered

Ok crazy guy

60. Pattyface

Posts: 1658; Member since: Aug 20, 2014

That would apply to 90 %of the posters on this site including you and me. If you have an opinion and its not positive you still should be able to voice it. Hell if your comment were to be true there wouldn't be half the comments in the apple, Samsung and Microsoft articles

147. medicci37

Posts: 1361; Member since: Nov 19, 2011

You must be retarded if you think negative comments are trolling. You need to grow a pair Bobby Flameboy lol

155. BobbyDigital

Posts: 2125; Member since: May 29, 2014

Right after you grow a brain medickhead37.

157. Scott93274

Posts: 6033; Member since: Aug 06, 2013

Ooooooh!!!! I see what you did there. Very sly mister. Very sly indeed.

* Some comments have been hidden, because they don't meet the discussions rules.

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.