BlackBerry

BlackBerry CEO John Chen Tackles 7 “Key” Questions

In another interview with Fox Business, John Chen, Executive Chairman and CEO, BlackBerry is once again questioned on how BlackBerry’s turnaround strategy is coming along.

Three months short of his second anniversary (November 2013), investors still aren’t convinced his progress is sustainable, with shares down 30% this year.

Looking at the full interview, Chen gets hits with the same old “key” questions and naturally replies with the same old responses.

Interestingly, BlackBerry 10 smartphones and the BlackBerry 10 OS don’t get a mention in the whole interview.

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For instance when asked what investors are missing about BlackBerry,

“We’ve made great progress and are now in a healthy financial position but there is, of course, more work to be done. We are at the point now where we’re focused on stabilizing revenue with sustained profitability. We’re concentrating on growth of our core software business and licensing, and have invested heavily in our strength around security with organic investments over the past year.”

When asked if  BlackBerry would cease its handset business to focus on software,

“Hardware continues to be a valuable part of BlackBerry’s end-to-end platform. That said, there is an incredible opportunity for BlackBerry to capture a greater share of enterprise revenues and service those customers who depend on the enterprise-grade mobility solutions that we provide. We have shifted some resources internally to focus on security and software. And, we will continue to be the choice for individuals who want to get the most out of their smartphones to keep their information protected and maximize their productivity, communication and collaboration.”

John Chen must get really bored answering the same questions over and over again but I guess that’s what happens when you give the same people interviews.

If you’re bored, you can read the full interview here.