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View Full Version : BlackBerry results show progress on transition to software



Wireless News
12-20-2016, 02:50 PM
http://l3.yimg.com/bt/api/res/1.2/wr_eqi8FAHaBFn79fJV6UA--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en_us/News/afp.com/Part-GTY-186888467-1-1-0.jpg (http://news.yahoo.com/blackberry-results-show-progress-transition-software-184451500.html)BlackBerry posted better-than-expected third quarter results Tuesday, showing it is making headway in its transformation into a software and services company after abandoning in-house manufacturing of smartphones. The Waterloo, Ontario-based firm's software revenues jumped to $160 million in the three months ended November 30, while hardware sales plummeted. Chief Executive John Chen, meanwhile, reaffirmed an annual growth target of 30 percent for software sales.



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