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Reading: BlackBerry’s CEO says there’s a 1% chance the company will fail
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BlackBerry’s CEO says there’s a 1% chance the company will fail

BiGsAm
BiGsAm
Dec 23

Actually, the title should read: BlackBerry’s CEO says that he is 99% sure the company will survive.

BlackBerry reported its fiscal third quarter 2015 earnings report showing positive cash flow with a profit of 1 cent a share. After the announcement, CEO John Chen spoke with Bloomberg about BlackBerry’s comeback.

When Chen was asked about the chances of Blackberry making a complete recovery and comeback, Chen said that he is 99% confident that it will.

Chen also said that BlackBerry Passport is still selling strong and the company is still catching up on production and shipping orders placed during the September through November quarter. These orders will help BlackBerry report a positive Q4 results, Chen added.

 

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