BlackBerry Ltd. (TSX:BB)(NASDAQ:BBRY) has come a long way in the past few years. It went from being the leader of the smartphone market and tech darling of Canada to the point of near collapse and billion-dollar losses.
Blackberry Ltd. (NASDAQ:BBRY) (TSE:BB) recently reported another gut-wrenching quarter, but light at the end of the tunnel comes with an apparent willingness to let the iconic handset be a casualty, if company financials are any indication.
Dave Chidley/The Canadian PressBlackBerry CEO John Chen told reporters earlier this year that his goal is to make BlackBerry's hardware business profitable as early as September, and that it is likely the company will shut it down if that fails.
BlackBerry Ltd. Chief Executive Officer John Chen has presided over five new phones during his two and a half years running the company, none of which have managed to turn around steadily declining smartphone sales.
For everything else, he's got his trusty BlackBerry. Kao is one of a shrinking tribe of diehard BlackBerry fans dedicated to navigating modern life with what most people consider an obsolete appliance.