The struggling company that has been in survival mode for a long time was expected to bounce back if it would focus on software development.
Tags: BlackBerry
BlackBerry fires 250 employees due to weak earnings
BlackBerry laid off 250 employees after firing 5,000 people last year due to weak earnings. BlackBerry, a currently troubled smartphone producer, fired 250 employees from its product-testing facility in Waterloo, Ontario.
Apple's fall from grace will not transpire soon
Analysts said that Apple is well-equipped with advantages that would keep it from BlackBerry's fate.
BlackBerry's turnaround will happen soon
BlackBerry would search for alternative routes so that service monetization would compensate within the business.
BlackBerry focuses on MDM platform, services business
BlackBerry would revamp its moneymaking operations and target MDM market to generate more income. The mobile device management market was said to be the next target of BlackBerry.
Latest News
Analysts lowered their earnings and sale estimates for Apple after the losses incurred by the other tech giants.
A Samsung-FBI deal was coming to an emminent close, said sources. Samsung neared the closing of a deal with the US Federal Bureau of Investigation (FBI).
BlackBerry CEO asked investors for patience during meeting. Chief Executive Officer of BlackBerry Ltd. , Thorsten Heins, asked investors for more time and their patience at the company's annual meeting on Tuesday.
Valeant Pharmaceuticals and energy sector boost TSX The Toronto Stock Exchange's S&P/TSX composite index, Canada's main stock index, hit 12,217.
BlackBerry is expected to face tough questions from investors during the annual shareholder meeting as the smartphone maker’s share went down by 28% last week.
BlackBerry maker Research in Motion is considering splitting its business in two. BlackBerry maker Research in Motion is considering splitting its business in two, separating its struggling handset manufacturing division from its messaging network, The Sunday Times reported.
