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BlackBerry is still on life support

BlackBerry is still on life support
Tuesday 20
16:8 2016

President Obama no longer carries a BlackBerry. Odds are, you don't either. But don't start playing "Taps" for BlackBerry just yet. The company's future is no longer in hardware. It's in software and connected cars. And that future is giving the company and its long-suffering shareholders some hope that a turnaround is in the offing. BlackBerry (BBRY, Tech30) stock rose 3% in early trading Tuesday after the company reported its latest quarterly results. BlackBerry posted a surprise profit, after excluding certain charges. BlackBerry boosted its profit outlook as well. The company is in the midst of a transition. It is ...

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Read more from CNN : BlackBerry is still on life support
CNN : BlackBerry is still on life support

Summary: President Obama no longer carries a BlackBerry. Odds are, you don't either. But don't start playing "Taps" for BlackBerry just yet. The company's future is no longer in hardware. It's in software and connected cars. And that future is giving the company and its long-suffering shareholders some hope that a ...

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