"acquiring revenue to make software revenue targets." This analyst nailed it.
Sadly... this week we can see the best evidence yet of where Chen is leading the company. And it is NOT in the direction that most on these forums will care about.
http://finance.yahoo.com/news/cautio...124132249.html
The next few quarters may just show the revenue numbers Chen has been predicting... due to acquisitions (gimmicks) rather than any real BlackBerry growth.
Good luck to ya BlackBerry... as a software company. And kuddos to ya Chen, for all the gimmicks (cost cutting, dumping on BB10, acquisitions, twisted accounting... etc.) you used to save the shareholders.
More than at any time in the past dozen years, I now realize my next phone will most likely NOT be a BlackBerry.
"acquiring revenue to make software revenue targets." This analyst nailed it.
Originally Posted by
hoonigan99 John Chen has already stated he has no intentions of giving up hardware
For as long as it remains profitable.