BlackBerry CEO John s. Chen said this week that mobile phone sales are still weak, BlackBerry plans more acquisitions in the software field. On Friday, John s. Chen said in an interview on Bloomberg television: "we are a $ 3 billion company, holding more than $ 3 billion in cash. We will most of the cash into research and development. "He didn't say BlackBerry will devote funds for acquisitions. Vera Bradley phone cases
https://www.youtube.com/watch?v=y__kWv23Hlo
John s. Chen said the recovery plan on BlackBerry, the core is the next March so that software revenues reach $ 500 million. In the past 20 months, BlackBerry 5 acquisition. In September this year, the company acquired Good Technology. This is a Sun Valley, California, company, which can help employees to work securely via mobile phone. The acquisition price of $ 425 million, help BlackBerry attracts the mobile device management client, and eliminates a major competitor in this area.
This week released new Android phones BlackBerry Priv, and AT&T is the only company announced that it would operate this mobile phone United States carriers. Ever since the John s. Chen served as CEO of BlackBerry, BlackBerry introduced a variety of new mobile phone the past two years, but they have failed to reverse the slide of BlackBerry hardware business. John s. Chen said, if you cannot make business out of the red, he will opt out of that business.
He said: "we lost our number one position in the market a few years ago, when everyone has a BlackBerry. If we can't make the hardware business achieved good development, we will consider more software businesses. " Vera Bradley wholesale
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