BlackBerry, T-Mobile Divorce Final

BlackBerry, T-Mobile Divorce Final

By Joseph Palenchar On Apr 2 2014 - 9:18am




Waterloo, Ontario – Blackberry will no longer sell its smartphones through T-Mobile, contending that the carrier’s strategy is not complementary to its own.

The beleaguered smartphone maker and services company said it will not renew T-Mobile’s license to offer BlackBerry products when it expires on April 25.

BlackBerry said it will be “working closely with other carrier partners to provide consumers and business users with alternatives should they decide to transition to another carrier and remain with BlackBerry” over the longer term.

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BlackBerry Reports Higher Q4 Losses

BlackBerry Reports Higher Q4 Losses

By Joseph Palenchar On Mar 28 2014 - 9:45am




Waterloo, Ontario — BlackBerry reported higher year-on-year fourth quarter net and operating losses.

Net loss for its fiscal fourth quarter, ended March 1, was $423 million, up from the year-ago $98 million loss, but down from a fiscal third quarter loss of $4.4 billion.

Operating loss for the fiscal fourth quarter was $537 million, up from the year-ago $12 million loss but down from a fiscal third quarter loss of $5 billion.

Fourth quarter revenues fell on a year-over-year basis by 64 percent to $976 million.

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BlackBerry Makes Deal To Sell Real Estate

BlackBerry Makes Deal To Sell Real Estate

By Joseph Palenchar On Mar 21 2014 - 10:27am




Waterloo, Ontario – Embattled smartphone maker BlackBerry entered into an agreement to sell most of its real estate holdings in Canada and lease back a portion.

The deal is part of an effort to “shift resources to support operations as the business continues to evolve,” the company said.

Under the terms of the agreement, BlackBerry will sell more than 3 million square feet of space and vacant land. A price wasn’t disclosed. The company expects to close the deal in the first quarter of fiscal 2015, which ends in May of 2014.

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BlackBerry Selling Z30 Direct To Consumers

BlackBerry Selling Z30 Direct To Consumers

By Joseph Palenchar On Mar 19 2014 - 9:45am




Waterloo, Ontario — BlackBerry has begun selling an unlocked version of its Z30 smartphone direct to U.S. consumers via its ShopBlackBerry.com web store for $499.

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BlackBerry To Resurrect Trackpad, Hard Buttons

BlackBerry To Resurrect Trackpad, Hard Buttons

By Joseph Palenchar On Feb 25 2014 - 10:23am




Barcelona, Spain — BlackBerry bowed to tradition, saying it plans a second half launch of a BlackBerry 10 OS smartphone with the traditional hard buttons and trackpad of pre-BlackBerry 10 OS phones.

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BlackBerry 10 OS Gets Update

BlackBerry 10 OS Gets Update

By Joseph Palenchar On Jan 28 2014 - 12:11pm

BlackBerry’s 10.2.1 OS update includes a new incoming call screen said to be sim
BlackBerry’s 10.2.1 OS update includes a new incoming call screen said to be simpler.


Waterloo, Ontario — BlackBerry released a BlackBerry 10 OS software update said to offer hundreds of improvements, many designed to help users find information they want more quickly.

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BlackBerry Makes Another Management Change

BlackBerry Makes Another Management Change

By Joseph Palenchar On Jan 13 2014 - 1:36pm




Waterloo, Ontario – BlackBerry hired Eric Johnson as president of global sales, reporting to John Chen, executive chair and CEO.

The addition will “round out BlackBerry's new executive leadership team,” said Chen.

"The experience that the majority of the new leadership team has in working together previously will drive change within the organization at a faster pace,” Chen added.

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BlackBerry Q3 Revenues, Profits Plunge

BlackBerry Q3 Revenues, Profits Plunge

By Joseph Palenchar On Dec 20 2013 - 10:19am




Waterloo, Canada – BlackBerry’s operating and net losses surged in its fiscal third quarter as the company, vowing to remain in the smartphone market, said it entered into an agreement with Foxconn to manufacture a consumer smartphone for Indonesia and for other fast-growing markets early next year.

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BlackBerry Makes More Management Changes

BlackBerry Makes More Management Changes

By Joseph Palenchar On Dec 19 2013 - 10:16am

blackberry


Waterloo, Ontario — BlackBerry instituted more management changes with the avowed intent to “strengthen the company's strategy, marketing and operations.”

James Mackey was appointed  corporate development and strategic planning executive VP, and Mark Wilson was named marketing senior VP.

Previously, Mackey was corporate development senior VP at Open Text and head of corporate development at SAP, where he developed and led the company's global merger and acquisitions group and was involved in completing more than 40 acquisitions.

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BlackBerry Makes More Management Changes

BlackBerry Makes More Management Changes

By Joseph Palenchar On Nov 25 2013 - 10:16am

blackberry


Waterloo, Ontario — BlackBerry COO Kristian Tear and chief marketing officer Frank Boulben will leave the struggling smartphone maker, and James Yersh will replace Brian Bidulka as chief financial officer, said CEO and executive chair John Chen.

Replacements for Tear and Boulben were not named.

BlackBerry also announced today that Roger Martin, a board member since 2007, has resigned.

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