edit-article

Article Description: [2014-06-20] John talks about business direction, goals with Bloomberg after the companies Annual General meeting

Chapter ID/Name:

Status: Write Writing Written

Add Photo:

Owner ID:

Content: use HTML Edit Content <h1 style="text-align: center;">John Chen Interview with Bloomberg</h1> <h2>[WHAT]</h2> <ol> <li><strong>[2014-06-20] BlackBerry CEO John Chen Talks About Ongoing Turnaround 2014&nbsp;</strong></li> <ol> <li>] synopsis below</li> </ol></ol> <h2>[WHY]</h2> <ol> <li><strong>] ON the 80/20 prognosis for the company survival</strong> (he offered up in a previous interview)</li> <li>] ill stay with that, dont want to say 100%</li> <li>] we are a viable company, strong balance sheet, lots of cash</li> <li><strong>] where does the 20 come from, what give you any doubts?</strong></li> <li>] world could change, markets could change</li> <li>] dont want people to focus on the 20</li> <li>]</li> <li><strong>] ON BBM monetization<br /></strong></li> <li>] good hand on monetization plan for BBM</li> <li>] 160M registered users, 85M monthly active users</li> <li>]<em> will be selling enterprise BBM function</em>, highly encrypted data messaging between enterprise users</li> <li>] voice</li> <li>] <em>mobile payments</em> - BBM money in indonesia</li> <li>] enstream agreement in canada, 3 major banks and mastercard and visa credit card companies, using our infrastructure</li> <li>] <em>consumer space</em>, channels, great for advertising ,wont do advertising myself but have agencies</li> <li>] virtual goods - like BBM stickers</li> <li>] 3 buckets, adding it all together i believe we can get to 100M in revenue with BBM</li> <li><strong>] how long will you keep selling phones(hardware)</strong></li> <li>] if i make money on phones i will sell it forever</li> <li>] we want to be an end to end mobile security solution</li> <li>] phones are the gateway</li> <li>] we encrypted it differently, ip from certicon that makes it the most secure devices</li> <li><span style="background-color: #ffff99;">] in the internet of the future, not everything needs to be like a phone you and I think of today, it might be a device collecting and emitting signals and acting upon it</span></li> <li><span style="background-color: #ffff99;">] on the device side of the equation I believe we are going to be there a long, long time</span></li> <li>] getting very close to break even, we use to lose a lot of money on phones, we need a couple more quarters</li> <li><strong>] ON partnering with amazon app store, why partner with Amazon and NOT google play <br /></strong></li> <li>] amazon and blackberry have a lot in common,&nbsp;</li> <li>] they like our bb10 base, we work well together</li> <li><span style="background-color: #ffff99;">] not going to exclude everthing or anything</span></li> <li>] helped us to address one of our major needs, i need apps,</li> <li>] some of them are consumer, some of them are prosumer</li> <li>] help me to focus my efforts on enterprise apps,</li> <li>] help me to build my base of consumer apps</li> <li>] its a great thing we did it</li> <li><strong>] Blackberry is NOT for sale, what could change that?</strong></li> <li>] not seeking offers, if somebody puts a number on the table, I would have to look at it</li> <li>] if you offered me $100 a share, I would probably call you back!</li> </ol> <h2>[WHERE]</h2> <ol> <li>] https://www.youtube.com/watch?v=2SM6CZj-2Gg</li> </ol> <h2>[WHEN]</h2> <ol> <li>] 2014-06-20</li> </ol> <h2>[EXAMPLE]</h2> <p><iframe src="http://www.youtube.com/embed/2SM6CZj-2Gg?feature=player_detailpage" frameborder="0" width="640" height="360"></iframe></p> <h2>[HOW-TO]</h2> <ol> <li>]</li> </ol> <h2>[REFERENCE]</h2> <ol> <li>]</li> </ol> <h1 style="text-align: center;">&nbsp;</h1>