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John Chen Says BlackBerry Has “Different Buckets of Good Assets”


In another interview with the media yesterday, new interim CEO John Chen, told the Globe and Mail that BlackBerry has “different buckets of good assets.” Essentially he was talking about their government and enterprise business, secure network, patents, BBM, QNX, and more. He went on to talk about QNX saying that:

“We have all the ingredients to become the leader in that embedded machine-to-machine space,” Mr. Chen said. “I figure with our focus and [by thinking] long term, [by doing] the right thing today, a step at a time, I think we’re going to build tremendous value for shareholders.”

This is more or less what I was saying on CNBC yesterday. BlackBerry can survive if they play to their strengths instead of trying to compete head to head with Apple and Google. Chen took the time to tell Bloomberg yesterday that:

“I’m not going to look for somebody to do a deal,” “I’m going to focus on making the business better. There are lots of assets in the company, and there are some really good things happening, and we need to find a way to broaden it, monetize it and serve the market a little better and more aggressively.”

Asked if he might close the money-losing handset business, Chen said he isn’t ruling anything out. “I’m more focused on making sure our businesses are healthy and growing,” he said.

Let us know if you spot other interviews!

4 total comments on this postSubmit your comment!
  1. I love how he mentions everything except phones…

  2. I love how he mentioned BlackBerry is not giving up phones. This man looks like he has the vision to take BlackBerry to the next level.

  3. A CEO is a visionary, the execution part is what stinks…excuse my language.
    Mr Heinz did a remarkable job with the BlackBerry playbook OS and made the BlackBerry 10 system that is working very well but, the marketing department suffered from anemia so the momentum he built hit a brick wall.

  4. I think it’s silly to think (or even entertain the idea) that BlackBerry will go out of the handset business. BlackBerry has many devices and services but is known MAINLY for handsets. If they go out of the handset business, they may as well close up shop now.

    Chen has pretty much echoed what Heins was saying for the past couple of months in so much as focusing on the corporate market instead of trying to compete against Sampple iDroid devices on the consumer market. I just hope BB10/BES10 stays around for a while as they get their footing and find their direction.

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