Tuesday, 4 April 2017

Mission complete - John Chen successfully turned around BlackBerry

We always knew the calm, collected John Chen (pictured) has what it takes to lead BlackBerry out the financial swamp it had found itself in before he took the reigns. About four years after his appointment as CEO, Chen's disciplined strategy of playing to the company's strong sides has paid off remarkably and BlackBerry has opportunities to increase its profits. Essentially, the company's turnaround has been completed.

Equity analyst Paul Treiber has removed it from his risk watch, explaining that BB is no longer dependent on outside cash flow (such as Service Access Fees) and is no longer ...

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