BlackBerry CEO: Company Has ‘No Intention’ of Abandoning Smartphones

BlackBerry

BlackBerry CEO John Chen has denied he would exit the smartphone business if it remains unprofitable for the Canadian company. His new statements come less than a day after being quoted by Reuters, which he now says took his words out of context. Here’s how the original article reads: “BlackBerry Ltd would consider exiting its handset business if it remains unprofitable, its chief executive said on Wednesday, as the company looks to expand its corporate reach with investments, acquisitions and partnerships. “If I cannot make money on handsets, I will not be in the handset business,” John Chen said in an interview, adding that the time frame for such a decision was short. He would not be more specific.” Well, Chen is now being more specific: “I want to assure you that I have no intention of selling off or abandoning this business any time soon.? I know you still love your BlackBerry devices.”

Read the full story at The Next Web.

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