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The only BlackBerry community you will want to be in Singapore. Singapore BlackBerry users, unite!

HWZBB - The only BlackBerry community you will want to be in Singapore. Singapore BlackBerry users, unite!

John Chen Speaks About BlackBerry’s State Now and Its Future at Milken Institute With Fox Business Network (FBN)

John Chen with FBN at Milken Institute

We have seen interviews from Bloomberg and CNBC with John Chen. Well, here’s another beautiful interview with BlackBerry CEO John Chen by Fox Business Network (FBN) at Milken Institute earlier this week. During the opening bell, John Chen spoke about some BlackBerry Statistics now for investors and also, about its future.

Key points include:

  • A even more secure BlackBerry by introducing voice encryption, data exchange encryption (via WatchDox Technologies that was acquired)
  • For revenue over the next 5 years, a 50-50 with software and hardware, though a higher inclination towards software is preferred
  • BlackBerry is in the last few quarters of the low margin business, and BlackBerry is managing the margin over the revenue at the moment.
  • They only have fresh inventories of devices left, nothing old.
  • So right now they are really concentrated at generating cash, make themselves profitable and finally, investing in themselves for the future.

Via Fox Business Network (FBN)

Category: News!

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