Originally Posted by
Alex Keb For a person boasting his greatness by cost cutting, he is creating over-expectations that might under deliver. I am not saying Blackberry going to get wiped out but I am saying so far Chen still has much to prove coming quarters. We need to start seeing growth.
Just remember when Thor was CEO. He did same thing, he trimmed the fat even surprised the street with positive EPS at one quarter but the end his double down on consumer burnt to the ground so he opted to sell the company which also failed thanks to Canadian government.
Chen doing the same 2 step, cutting costs and instead of betting on consumer, he wants to bring back the lifeblood of Blackberry which was always enterprise. BES12 should have been BES10, once again BB is late in the market and with saturation of the phone market and larger fish at play like Microsoft who also wants piece of enterprise, Blackberry has lots of work caught up for itself.