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Blackberry Businesses Cellphones Handhelds The Almighty Buck

BlackBerry Back In Profit 67

Posted by Soulskill
from the bouncing-back dept.
An anonymous reader sends word that BlackBerry, hit hard over the past several years by the emergence of smart phones, has come back to profitability. BlackBerry has been fighting an uphill battle to stay relevant in the world of mobile devices. It has lost market share to Apple, companies like Samsung that offer gadgets running on Google's Android operating system, and Microsoft. But John Chen, who took over as CEO in November, has injected new life to the company. Chen, who says BlackBerry is getting close to breaking even on its hardware business, has steered the company's focus more towards software. He's made several product announcements that Wall Street has cheered. Last month, the company launched its Project Ion, an initiative to develop more connected devices ... a trend dubbed the Internet of Things. On Wednesday, BlackBerry reached a deal with Amazon that will let users of BlackBerry's newest operating system access Android apps in Amazon's appstore later this fall.
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BlackBerry Back In Profit

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