BlackBerry (finally) says it’s done making smartphones

BlackBerry today filed its fiscal second quarter 2017 financials, and with the earnings came definitive news that the Canadian company, which very much sparked the modern smartphone market, will cease developing and making its own smartphone hardware.
 
The news feels like it has been a long time coming, but is still momentous given the role BlackBerry once played in the mobile device world — and the long, slow fall from its heyday in the late 2000s.
 
From BlackBerry’s latest earnings report:

“Our new Mobility Solutions strategy is showing signs of momentum, including our first major device software licensing agreement with a telecom joint venture in Indonesia. Under this strategy, we are focusing on software development, including security and applications. The company plans to end all internal hardware development and will outsource that function to partners. This allows us to reduce capital requirements and enhance return on…

 
Read the entire article from CIO.com here: BlackBerry (finally) says it’s done making smartphones

 



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