BlackBerry hardware to shut down following plummeting quarterly revenue

BlackBerry Hardware Smartphone

The struggling Canadian company has now announced its cessation of phone manufacturing. Though it didn’t come as much of a surprise to most, the announcement that new BlackBerry hardware is a thing of the past still raised eyebrows. CEO John Chen has been determined to save the smartphone side of the business. That said, after a quarterly report showing plummeting revenues, Chen has now accepted the inevitable. After this fiscal year, BlackBerry will no longer design, make or sell smartphones and other hardware. The second quarter revenue report revealed a…

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BlackBerry announces willingness to stop making smartphones

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CEO John Chen stated that if turnaround efforts aren’t successful, they may stop releasing the handsets. John Chen has now released a warning that has said that if the turnaround efforts being made by BlackBerry don’t manage to gain traction, the company may find that it will have to stop producing smartphones, at least at the rate at which they have been releasing them. That said, before that time, there are still some strategies that the Canadian smartphone maker may try. For instance, the company could still decrease the number…

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BlackBerry Passport has already sold out

BlackBerry Passport mobile technology

Against all odds, the CEO of the company is projecting profits for the company by next year. The uniquely shaped square BlackBerry Passport smartphone, which went on sale on Wednesday had already sold out in several places by Thursday and Friday, marking a striking new interest in the mobile devices produced by that brand, when compared to previous launches. The store on the company’s own website and on were both indicating that they were sold out. Only a few hours after the BlackBerry Passport, with its querty keyboard, was…

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Technology news from BlackBerry includes dead deal and removed CEO

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As the Fairfax deal ends and Heins heads out, an investment is now on the table. BlackBerry Ltd. is making top technology news as it is now abandoning its previous strategy to seek out a buyer and has now chosen to raise $1 billion in new funds, while it replaces some of its directors, as well as its CEO. The company had previously received a letter of intent from Fairfax Financial Holdings, Ltd. for purchase. That technology news was made very shortly after BlackBerry had released its most recent figures…

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