BlackbBerry CEO- John Chen was quoted saying that his focus in on getting the company to make profit. Industry analysts say they are pleased with BlackBerry’s posting of profit of $28 million or $0.05 per share.
Blackberry announces profits
BlackBerry reported a revenue of $660 million for the quarter, but technology experts say that the company is still failing in the area of sales.
John Chen
BlackBerry reported a revenue of $660 million for the quarter, well below analyst estimates for revenue of $786 million and down about a third from the $976 million it reported in the same quarter a year earlier.
Technology experts say though the company has posted profits, they are still failing in the area of sales.
"My goal over the past years is to get our financial house in order." John Chen, CEO of BlackBerry, said.
ADVERTISEMENT
Industry watchers say for BlackBerry to grow sales, they have to convince all their customers, and so many others, who have given up on the brand, to buy more of its smartphones.
John Chen says he is happy that BlackBerry’s profit is coming up again.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Dufil Prima Foods brings relief to indigent families in Abeokuta
World Bank anticipates substantial decline in global food prices by 2025
Yahaya Bello's nemesis, Akpoti tells EFCC to see ex-governor's case to the end
8 confirmed dead as floods sweep away truck attempting to cross flooded river
Chess master Tunde Onakoya's parents get house gift from good Samaritan
Teacher told everyone her man abandoned her for another woman — the truth was worse
Ile-Ife is our ancestral home, Benin Kingdom tells Ooni
American school refunds $760,000 Yahaya Bello deposit to EFCC
Agege LG gives traders, scavengers 5 days to vacate rail lines
ADVERTISEMENT