Back in BlackBerry: Scrappy mobile underdog posts surprise profit

[Wireless News]

When John Chen took over as CEO, BlackBerry was hemorrhaging cash and in a major downward spiral. Over the past year-plus, however, Chen has helped the company get its financial act together and on Friday BlackBerry posted a surprise profit of $0.04 per share, or $0.08 more than the consensus estimate of a $0.04 loss. DON’T MISS:-BlackBerry’s new phone is nothing special… but something much cooler is in the works “Our focus this past year was on getting our financial house in order while creating a multi-year growth strategy and investing in our product portfolio,” Chen said on Friday in a prepared statement. “We now have a very good handle on our margins, and our product roadmaps have been well

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