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CEO John Chen Would Consider Selling BlackBerry Handset Business

Chen for Reuters

It seems like the media loves hanging on every statement BlackBerry CEO, John Chen, makes about the companies handset business. The latest is Reuters who caught Chen saying that he would consider selling the phone unit if it no longer made sense. That makes logical sense especially when he straight out says that "If I cannot make money on handsets, I will not be in the handset business." He said that such a decision would have to be made in a short time frame.

In other interesting news he also mentioned that BlackBerry was possibly considering investing or teaming up with companies in regulated verticals like healthcare, financial, and legal services which would benefit from BlackBerry’s core strength in security. He also said that small acquisitions to bolster BlackBerry’s network security were in the cards.

In short, Chen is open to good ideas and does not shy away from making hard decisions.

via Reuters

4 total comments on this postSubmit your comment!
  1. just dont shut down the Handset Business :(

  2. Title is very misleading. That snippet was a response to a hypothetical question and is out of context. Read entire article

  3. Here’s the Actual Article:
    http://www.bloomberg.com/news/2014-04-09/blackberry-ceo-sets-2-year-goal-to-cut-device-reliance.html

    Reuter’s didnt credit that and spinned it out of line

  4. For me, if this ever happens, it would spell the end of BlackBerry. There will be no hardware to put their software on. Even if they can put it on an Android device, the hardware security synergies with the software will be broken and BlackBerry will be just as secure as everyone else.

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