BlackBerry Posts

BlackBerry Ltd (BBRY) acquires stake in healthcare IT firm NantHealth

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BlackBerry Ltd (NASDAQ:BBRY) has acquired a minority stake in U.S. healthcare IT firm NantHealth. BlackBerry and NantHealth are working together on a smartphone to meet the needs of the healthcare sector with an expected launch of late 2014 or early 2015. The terms of the deal were undisclosed.

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BlackBerry Ltd (BBRY) CEO would sell handset business if it remains unprofitable

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BlackBerry Ltd (NASDAQ:BBRY) CEO John Chen acknowledged that the company would exit the handset business if it continues to be unprofitable. BlackBerry is focusing more on enterprises, investments, acquisitions, and partnerships – specifically in the healthcare, financial, and legal service industries.

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BlackBerry’s market share in Canada drops to 15%

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In BlackBerry’s home country, the company’s market share has dropped to around 15%, according to a new comScore report.
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BlackBerry and T-Mobile part ways

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BlackBerry, the Canadian smartphone giant, has decided to part ways with T-Mobile at the end of April. The two companies will not be renewing their sales agreement at that time. BlackBerry CEO John Chen said that the strategies between the two companies are not “complementary.” He said that BlackBerry needs to act in the best interest of its customers.
[Source: TechCrunch]

BlackBerry BBM hits 85M monthly active users

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BlackBerry CEO John Chen said that BBM now has around 85 million monthly users and has 113 million registered users. BlackBerry previously cited the MAUs figure, according to TechCrunch.

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BlackBerry beats Wall Street expectations

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BlackBerry has reported a lower than expected loss. BlackBerry reported a Q4 loss of $423 million as CEO John Chen is aiming for a turnaround at the company. The company reported a loss of eight cents a share, excluding one-time items. Wall Street was expecting a 55-cent loss for the quarter.

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BlackBerry Ltd (BBRY) reportedly to sell most Canadian property

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BlackBerry Ltd (NASDAQ:BBRY) has reportedly reached an agreement to sell most of its real-estate holdings in Canada in order to raise cash for a turnaround plan. BlackBerry is going to sell over 3 million square feet of space plus vacant property and lease it back some of it. This transaction is expected to close at the end of May. BlackBerry did not reveal the terms of the deal.
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BlackBerry CEO calls iPhone owners ‘wall huggers’

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BlackBerry CEO John Chen has some fighting words for Apple. At the Oasis Montgomery conference in Santa Monica, California, Chen was asked about his thoughts on the success of the iPhone and then he joked about how bad the battery performance of the device is.

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