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BlackBerry looks for investments as Q2 losses narrow
2014-09-26 16:48:00| Telecompaper Headlines
(Telecompaper) BlackBerry has finished its workforce restructuring and will now focus on revenue growth, boosted by prudent investments, to further its leadership position in enterprise mobility and security. CEO John Chen expects the company will achieve breakeven cash flow by the end of its fiscal full year and non-GAAP profitability during fiscal full year 2016. The company said revenues for its fiscal second quarter to end August fell to USD 916 million from 1.57 billion the year before. Hardware contributed 46 percent to revenues, services accounted for another 46 percent and software for 8 percent. Hardware revenue was recognised on 2.1 million BlackBerry smartphones. The company sold a total of 2.4 million smartphones to end customers. The net loss narrowed to USD 207 million or USD 0.39 per share, from a loss the year before of 965 million or 1.84 per share. The non-GAAP net loss amounted to USD 11 million or a loss of USD 0.02 per share. At the end of its fiscal Q2 2015, the company had total cash, cash equivalents, short-term and long-term investments of USD 3.1 billion, up by USD 11 million from the previous quarter. The EZ Pass Program resulted in a total of 3.4 million licenses issued for BES10, a nearly three-fold increase from fiscal Q1, with 25 percent of total licenses traded in from competitor Mobile Device Management platforms. The number of active BBM users went to 91 million per month, from 85 million in Q1. Looking forward, BlackBerry said it wants to maintain its strong cash position, while increasingly looking for opportunities to invest in growth.
Tags: narrow
investments
losses
blackberry
BlackBerry narrows net loss, smartphones sales slide
2014-09-26 02:00:00| Total Telecom industry news
Canadian handset maker posts results for fiscal Q2; Chen aims to turn a profit in FY 2016.
One Cool Thing: Hands On With The BlackBerry Passport
2014-09-25 18:37:02| PC Magazine Cell Phones Product Guide
This big, square smartphone is going to be one of the most divisive devices of the year. BlackBerry says it's for "working wide." You can see a lot of Word documents, spreadsheets or Web pages on this 4.5 inch, 1440 by 1400 LCD screen, and you can tap out emails super-quickly with the combination physical-virtual keyboard.
Tags: thing
cool
hands
blackberry
BlackBerry brings business users new Passport smartphone
2014-09-25 08:42:00| Telecompaper Headlines
(Telecompaper) BlackBerry has launched its new qwerty keyboard smartphone, the BlackBerry Passport. Featuring a 4.5-inch square touch screen, touch-enabled keyboard and 3450 mAh battery, the BlackBerry Passport is aimed at business professionals. The phone comes with a Corning Gorilla Glass 3 display with 1440x1440 resolution, optimized for viewing and creating content. The device runs the latest version of BlackBerry's OS, 10.3, and comes loaded with new productivity features including BlackBerry Blend and BlackBerry Assistant, as well as the BlackBerry World storefront and Amazon App store for Android apps. BlackBerry Blend is a new feature that syncs messages and content from a BlackBerry smartphone to a computer and tablet. It allows users to get instant message notifications, read and respond to email, BBM or text messages, and access documents, calendar, contacts and media in real time on any device. BlackBerry Blend will work on Mac OS X 10.7 or higher, Windows 7 or higher and Android tablets running 4.4. BlackBerry is also working to bring Blend to other tablets soon. The new keyboard on the Passport works similar to a trackpad, with touch functions directly on the keyboard. Users can scroll web pages, flick to type or slide along the keys to move the cursor, leaving the full screen space for viewing. Other features of the phone include a quad-core 2.2 GHz processor, 3 GB RAM, 13 MP rear camera and 32 GB memory. The BlackBerry Passport is now available through local carriers around the world and online through ShopBlackBerry.com and Amazon.com.
Tags: business
users
brings
blackberry
BlackBerry Flashes Passport to the Future
2014-09-24 22:00:36| TechNewsWorld
BlackBerry on Wednesday officially launched its new square form factor smartphone, the Passport. This new handset has the size and shape of most national passports, which the company dubbed the "international symbol of mobility." The Passport is now available for $599 in an unlocked version, or about $250 with a new contract. AT&T is the first U.S. carrier to offer the handset.
Tags: future
blackberry
passport
flashes
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