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Blackberry Ceo Confident On Handset Profit; Results Top Expectations


Ron Burgundy
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The new Blackberry Classic smartphone is displayed during the launch event in New YorkBy Alastair Sharp and Allison Martell WATERLOO, Ontario/TORONTO (Reuters) - BlackBerry Ltd Chief Executive John Chen expressed confidence on Thursday that he can make the company's trimmed-down handset business profitable by a self-imposed September deadline, as the smartphone pioneer posted results that beat expectations. BlackBerry broke even before charges and writedowns in its first quarter and forecast a smaller-than-expected annual loss, helping to send its stock up 3.6 percent. Adjusted revenue in that business exceeded handset sales in the quarter.




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