BlackBerry Staying In Handset Business Says Interim BlackBerry CEO John Chen
BlackBerry’s new interim CEO, John Chen, confirmed today one of the biggest questions we had in Prem Watsa’s plan. Chen said that BlackBerry plans on staying in the handset business. He told Reuters that "I know we have enough ingredients to build a long-term sustainable business," and that "I have done this before and seen the same movie before." He is referring to when he did this for Sybase when he took over the company in 1998 when it was running at a loss of $98 to selling to SAP for $5.8 billion in 2010.
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