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Stock impact report

With handsets out of the picture, BlackBerry profit rises [Toronto Globe and Mail (Ontario, Canada)]

BlackBerry Limited (BB) 
Last blackberry limited earnings: 3/31 04:05 pm Check Earnings Report
US:NYSE Investor Relations: us.blackberry.com/company/investors
Open this photo in gallery Chief executive John Chen speaks at the BlackBerry Ltd. annual meeting in Waterloo, Ont., on June 23, 2015. Frank Gunn/The Canadian Press BlackBerry Ltd. has hit an inevitable milestone in its transformation to a secure enterprise data-transmission company: It recorded negligible handset revenue in its latest quarter. The smartphone pioneer – knocked from its historic perch over the past decade as Apple Inc.’s iPhones and Alphabet Inc.’s Android OS-powered devices took over the market – has spent the past five years under chief executive John Chen undergoing a company-wide strategic shift. BlackBerry now focuses on security for the “enterprise of things,” using its reputation as a secure smartphone leader to focus on securing data transmission across the ever-expanding number of connected devices in large organizations and in vehicles. While BlackBerry recorded US$62-million in quarterly handheld-device reven Show less Read more
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