BlackBerry CEO John Chen said the company has finished its three-year-long restructuring efforts, and is now in a position to begin hiring new employees and making strategic acquisitions.
Strategy Analytics added its voice to warnings that smart device shipment growth is slowing, noting that increases in smartphone shipments in the current quarter are at their lowest level for five years.
Rockstar, a patent consortium owned by Apple, Microsoft, Ericsson, Sony, EMC and BlackBerry, paid $4.5 billion for the 6,000 patents that bankrupt Nortel Networks offered up for auction in 2011. And while the majority of the portfolio's patents have still not expired, there will be a surge in patent expirations starting in 2017, according to a new independent analysis of Rockstar's patents.
BlackBerry is aiming its forthcoming Passport smartphone squarely at the enterprise market, but has plans for enterprise-focused devices beyond that.
Apple's new enterprise mobility partnership with IBM could put more pressure on BlackBerry and Microsoft as well as Google and OEMs that use Google's Android software, according to industry analysts.
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It might be difficult for some to believe, but BlackBerry's stock is out of the doldrums and is up more than 50 percent this year as investors have started to believe in CEO John Chen's turnaround strategy.
BlackBerry CEO John Chen said that Google's recently unveiled efforts to make its Android mobile platform more secure are essentially weak attempts to duplicate BlackBerry's existing security features for the enterprise market.
BlackBerry posted quarterly financial results better than what some analysts had expected, pushing the company's stock up almost 14 percent in Wall Street trading this morning to around $9.43 per share. Further, the company said it recognized hardware revenue on 1.6 million BlackBerry smartphones in the quarter, up from 1.3 million in the previous quarter.
BlackBerry announced a deal to gain access to the 240,000 apps and games in Amazon's Appstore, greatly expanding the number of apps BlackBerry 10 customers can use. The agreement was announced hours ahead of what is expected to be a major foray by Amazon into the mobile market with the introduction of its first smartphone.