In what many analysts and media have been speculating for the last couple weeks, BlackBerry announced this morning that it has signed a letter of intent with consortium to be led by Fairfax Financial Holdings. The news comes shortly after various news outlets reported that the smartphone manufacturer would lay off approximately 40 percent of its staff in the coming months.
SMB Nation Blog
It’s true that BlackBerry has been in the news lately, but I’m not going to rehash the conversations currently being played on CNBC. You can go see those for yourself. Rather, my monthly series, “How BlackBerry is that?” continues where my teen-age son, and I, seek out the most interesting BlackBerry stories of the year. Hands down, for August, it was the AgNerd!
Just a few days after releasing the availability of its long-awaited BlackBerry 10 device here in the U.S., BlackBerry President and CEO Thorsten Heins said today that his company has returned to profitability.
Heins made the announcment this morning on the company’s year-end results call for the quarter that ended March 2. In the face of numerous challenges, BlackBerry has gone from a significant operating loss in the first quarter of the year to an operating profit in the fourth quarter. According to the smartphone maker, it has an exciting new mobile computing platform, is profitable and has a healthy balance sheet.
It’s HERE! My BlackBerry Z10 arrived late last week, and I’m up for the 30-day challenge that awaits me. Like a kid at Christmas, I couldn’t wait to open the box and assemble the mobile phone. It feels good to have that giddy feeling again! (View my video at right for more info!)