The first layoffs related to BlackBerry’s decision to cut some 4,500 jobs by the end of its fiscal year are taking place this week. According to The Financial Post, some 300 employees in the Waterloo region will lose their jobs this week. BlackBerry confirmed the move in an emailed statement: “As previously mentioned, we are in a period of transition […]
BlackBerry
List of potential BlackBerry bidders grows to include Google and others
It appears that Fairfax Financial Holdings is not the only company interested in acquiring BlackBerry or pieces thereof after all. While a letter of intent was signed for a deal worth US$4.7 billion, BlackBerry remains free to continue shopping itself around to other parties. And despite an early lack of interest, more companies are now apparently taking a closer look […]
BlackBerry looking to sell Waterloo office space
BlackBerry’s recent announcement that it will cut some 4,500 additional jobs (along with a loss of nearly US$1 billion in its latest quarter) in the coming weeks and months will affect not only those being let go but also the Kitchener-Waterloo real estate market. BlackBerry owns more than 20 buildings in the area and leases another 6. The job cuts mean that […]
Still no ETA for BBM for Android and iPhone
BlackBerry took to Twitter today to reiterate that it remains committed to bringing BBM to Android and the iPhone but there is still no firm new date. Today’s tweet from its @BBM account indicates that they are “still 100% committed” even if they have no new information to share with us: Still 100% committed to bringing #BBM to Android and […]
Unlocked BlackBerry Q10 and Z10 now available directly from BlackBerry in U.S.
T-Mobile has already confirmed that it will stop selling BlackBerry devices at its retail stores. Other carriers may soon follow suit as well. Perhaps seeing that the writing is on the on the wall, BlackBerry has begun to sell its Q10 and Z10 BlackBerry 10 smartphones directly to customers directly through its website in the U.S. Both models offer LTE […]
BlackBerry loses nearly US$1 billion in Q2 FY2014
Following its Q2 FY2014 preliminary report a week ago, today’s dire financial results for BlackBerry are not a surprise. As expected, BlackBerry reported revenues of US$1.6 billion, down 49% from the US$3.1 billion reported the prior quarter, and an operating loss of US$965 million. BlackBerry sold 3.7 million smartphones over the quarter. Once again, the majority were older BlackBerry 7 […]
T-Mobile to stop stocking BlackBerry smartphones at retail stores
While T-Mobile customers will still be able to order a new BlackBerry smartphone online, they will soon no longer be able to walk into a retail store and walk out with one. David Carey, executive vice president for corporate services told Reuters today that the company will stop stocking BlackBerry devices in its stores and will instead ship them directly. […]
BlackBerry cancels Q2 2014 earnings conference call and webcast
BlackBerry today announced that it will release its second quarter financial results slightly earlier than originally scheduled. It is moving the release time up by one hour to 0700 from 0800 on Friday, September 27, 2013. It also announced that it will not hold its earnings conference call and webcast as originally planned. It cites the signing of the letter […]