3) the context was that he planned to make them profitable (and therefore didn’t plan at this point to shut the unit down)
2) He certainly said BB would look to exit handsets if they remained unprofitable, and suggested time period for decision was short
A couple of points in defence of our Chen interview: 1) it was an hour-long, on-record but off-camera discussion (cont’d)
NEW YORK (Reuters) – BlackBerry Ltd would consider exiting its handset business if it remains unprofitable, its chief executive officer said on Wednesday, as the technology company looks to expand its corporate reach with investments, acquisitions and partnerships.
“If I cannot make money on handsets, I will not be in the handset business,” John Chen said in an interview, adding that the time frame for such a decision was short. He would not be more specific, but said it should be possible to make money off shipments of as few as 10 million a year.
I miss college basketball.
TORONTO, April 3 (Reuters) – Alberta is working to build
support among fellow Canadian provinces for a proposed
alternative to a national securities regulator, establishment of
which the resource-rich province has long opposed, its finance
minister said on Thursday.
In September, the federal government launched a unified
regulatory regime intended to replace the patchwork of
provincial securities regulation that now exists across the
country. So far only Ontario and British Columbia have signed on
to the new regime, which provinces are not required to join.