updated 10:58 am EST, Mon December 30, 2013
Exec boasts of strong finances
BlackBerry's new CEO, John Chen, has spoken out against the company's critics and reiterated his turnaround plan, according to a commentary posted by CNBC. Despite a $4.4 billion loss in the third quarter, the executive argues that BlackBerry is "strong financially, technologically savvy, and well-positioned for the future."
Chen points to new leadership in the company's enterprise, corporate development and strategic planning, and marketing departments as the first changes in a continuing shakeup. The strategy places top priority on enterprise services and messaging, with the QNX Embedded business and devices handled by separate operating units.
"Don't be fooled by the competition's rhetoric claiming to be more secure or having more experience than BlackBerry," Chen says. "Many in the regulated industries -- those with the most stringent security needs -- still depend solely on BlackBerry to secure their mobile infrastructure. For governments, BlackBerry cannot just be replaced -- we are the only MDM provider to obtain 'Authority to Operate' on US Department of Defense (DoD) networks."
The executive also has high expectations for BBM, claiming that 40 million new iOS and Android users have signed up in the last 60 days. He admits, however, that it may take several years before the messaging service is converted into a potential revenue generator.
"I believe BlackBerry has a clear lane ahead of us to create new trails as a nimbler, more agile competitor," Chen concludes.