It looks like good days are on their way back for the ailing mobile manufacturer, BlackBerry Ltd (NASDAQ:BBRY), as its latest Smartphone offering, Passport, has met some shortage problems. Unlike the regular CEO’s reaction, the head of the company is happy with supply shortage considering it a sign of the increasing demand. John Chen, CEO…
BlackBerry Ltd (BBRY) CEO Chen Says Passport is not Meant to Kill Apple Inc. (AAPL) iPhone
BlackBerry Ltd (NASDAQ:BBRY) CEO John Chen has reiterated that the release of Blackberry Passport is not in any way an effort to compete Apple Inc. (NASDAQ:AAPL) iPhone. Instead, he said that the Passport is meant to give people, not just what they want, but exactly what they need. So here is the difference: While many…
BlackBerry Ltd (BBRY) Still Focused on Hardware after Improved Performance
BlackBerry Ltd (NASDAQ:BBRY) announced a plan to delve more into software services and double software revenue next year. A few analysts thought that the Canadian company is slowing giving up on its hardware business. However, in latest developments, the company has made it clear that it’s not about to disappoint its loyal fans. Two BlackBerry…
BlackBerry Ltd (BBRY) Keen on Doubling Software Revenue Next Year
BlackBerry Ltd (NASDAQ:BBRY) CEO John S. Chen has said that the company is focusing on doubling its software revenue next year. The company recorder $250 million in software revenue in its second quarter financial report released Friday. The report showed that the Waterloo, Ontario-based company had reported a second successive loss, though this time the…
BlackBerry Ltd (BBRY) Downgraded to “Hold” by BGC Analyst
BlackBerry Ltd (NASDAQ:BBRY) stock slumped to hit a one month low of 6% after BGC analyst Colin Gillis gave out a “hold” rating to the Canadian company in a poetic fashion. The rating comes only a day before the company releases its second financial quarter report. BGC downgraded BlackBerry Ltd (NASDAQ:BBRY) from “buy” to “hold”,…
BlackBerry Ltd (BBRY) Aims Mobile Business Professionals With Passport Smartphone
BlackBerry Ltd (NASDAQ:BBRY) unveiled its latest Smartphone in the market- Passport- targeting mobile professionals that intends to make them much more productive on the go. BlackBerry Ltd (NASDAQ:BBRY) has produced a device that offer mobile tools for business professionals without losing on the style factor. The CEO of BlackBerry Ltd (NASDAQ:BBRY), John Chen, said, “As…
BlackBerry Ltd (BBRY) Plummets 3.39% Post Lower Ratings From Cormark Securities
BlackBerry Ltd (NASDAQ:BBRY) shares were down by 3.39% after Cormark Securities downgraded its rating to “market perform.” The company is likely to announce its second quarter 2014 earnings later this week. Cormark Securities issued their latest “market perform” rating for BlackBerry Ltd (NASDAQ:BBRY) pushing its shares down from an earlier “speculative buy” rating with a…
BlackBerry Ltd (BBRY) Ready to Bounce Back with Acquisition of Movirtu
BlackBerry Ltd (NASDAQ:BBRY) is all set to regain its lost position in the mobile world with acquisition of Movirtu being one of the important game changing factors. In addition to the acquisition, BlackBerry’s latest offering, Passport, is making rounds all over the Internet. The acquisition of Movirtu will help BlackBerry Ltd (NASDAQ:BBRY) improve its enterprise…
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