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When it comes to Blackberry, there’s honesty… and then there’s CEO John Chen

You would have to be living under a rock to not know that over the past seven years BlackBerry has gone from smartphone industry leader to also-ran. What once was a promising company that was at the forefront of the smartphone craze has been relegated to a company peddling hardware that no one wants.
 
Speaking at the Code Conference yesterday, Walt Mossberg asked CEO John Chen if BlackBerry could survive without a viable handset business — the company’s current smartphone market share is below one percent and IDC is projecting that it would be at zero percent by 2018. Chen responded that he could still “create a lot of value for shareholder even without the handset business.”

An excerpt from Re/code's interview with BlackBerry CEO John Chen
 
But Chen still feels that there is a chance to actually gain market share in the smartphone business. How the company plans to do that given the spotty track record of its BlackBerry 10 devices remains to be seen, as Chen talked rather vaguely about his plans for smartphones. When asked about the possibility of making Android handsets — given that BB10 devices can already run Android apps — Chen admitted that “if there’s enough money on the table, that we may do something about that.”
 
Chen even acknowledged that the state of BlackBerry’s handset business was far worse than he was led to believe before joining the company as CEO. However, Chen is “quite confident that we’ll be able to save the patient.” Chen added, “We have a lot of problems, but it’s not dead.”
 
As to whether he’s qualified to “save the patient,” Chen was quite blunt assessing his capabilities as CEO:


At least he's honest...

Source: Re/code





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