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Sunday, December 21, 2014

Chen now 99% sure that BlackBerry will survive

Chen now 99% sure that BlackBerry will survive:

Yesterday, BlackBerry reported its fiscal third quarter 2015 earnings report. The company was cash flow positive and operating earnings showed a 1 cent a share profit, although on a net basis the company was 28 cents a share in the red. After the report was announced, BlackBerry CEO John Chen spoke with Bloomberg's Emily Chang about BlackBerry's turnaround.



When BlackBerry's CEO was asked about his chances of completely turning around the company, the optimistic Chen said that the odds were 99% in favor of his success. The executive also piqued our interest by saying that BlackBerry would ...


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