BlackBerry Ltd (BBRY)’s Partnership With Samsung Is Not Against Google Inc (GOOGL): John Chen


In a program on CNBC, BlackBerry Ltd (NASDAQ:BBRY) CEO John Chen talked about new plans of his company to boost the revenues. The company is reiterating its device strategy. It recently announced its plans to launch a new phone after BlackBerry Ltd (NASDAQ:BBRY) Passport. The company is also rallying around device management platform. Chen said that he has no specific number to give for the targeted revenues for devices, but it would be around $500 per fiscal year. BlackBerry Ltd (NASDAQ:BBRY) recently experienced surge in its stock when it went up by 8%. This increase was after the news of its partnership with and Samsung. He said that latest partnership with Samsung is now to elbow out Google Inc (NASDAQ:GOOGL).

BlackBerry, Roger Cheng, BlackBerry Passport, is BBRY a good stock to buy,

Productivity, management, scalability and above all, security will be the focus of the new BlackBerry Ltd (NASDAQ:BBRY)’s mobile management platform, according to the CEO. He said that joining hands with Samsung will create more opportunities. He labelled Google Inc (NASDAQ:GOOGL) as a very important ecosystem and payer in the EMM and mobile space. According to Chen, distributors. Telecom partners and companies around the world are really excited about new device management platform of Blackberry.

Chen rejected the notion that BlackBerry Ltd (NASDAQ:BBRY) is facing a capital barrier in its effort to move forward. He thinks that it’s all about innovation and customer satisfaction and this is the beauty of the software industry. He said that Blackberry wants to work with all mobile and software partners including Google Inc (NASDAQ:GOOGL).

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