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John Chen Interview with Bloomberg

[WHAT]

[2014-06-20] BlackBerry CEO John Chen Talks About Ongoing Turnaround 2014

] synopsis below

[WHY]

] ON the 80/20 prognosis for the company survival (he offered up in a previous interview)
] ill stay with that, dont want to say 100%
] we are a viable company, strong balance sheet, lots of cash
] where does the 20 come from, what give you any doubts?
] world could change, markets could change
] dont want people to focus on the 20
]
] ON BBM monetization
] good hand on monetization plan for BBM
] 160M registered users, 85M monthly active users
] will be selling enterprise BBM function, highly encrypted data messaging between enterprise users
] voice
] mobile payments - BBM money in indonesia
] enstream agreement in canada, 3 major banks and mastercard and visa credit card companies, using our infrastructure
] consumer space, channels, great for advertising ,wont do advertising myself but have agencies
] virtual goods - like BBM stickers
] 3 buckets, adding it all together i believe we can get to 100M in revenue with BBM
] how long will you keep selling phones(hardware)
] if i make money on phones i will sell it forever
] we want to be an end to end mobile security solution
] phones are the gateway
] we encrypted it differently, ip from certicon that makes it the most secure devices
] 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
] on the device side of the equation I believe we are going to be there a long, long time
] getting very close to break even, we use to lose a lot of money on phones, we need a couple more quarters
] ON partnering with amazon app store, why partner with Amazon and NOT google play
] amazon and blackberry have a lot in common,
] they like our bb10 base, we work well together
] not going to exclude everthing or anything
] helped us to address one of our major needs, i need apps,
] some of them are consumer, some of them are prosumer
] help me to focus my efforts on enterprise apps,
] help me to build my base of consumer apps
] its a great thing we did it
] Blackberry is NOT for sale, what could change that?
] not seeking offers, if somebody puts a number on the table, I would have to look at it
] if you offered me $100 a share, I would probably call you back!

[WHERE]

] https://www.youtube.com/watch?v=2SM6CZj-2Gg

[WHEN]

] 2014-06-20

[EXAMPLE]

[HOW-TO]

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[REFERENCE]

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ID: 3815

NAME: John-Chen-interview-with-Bloomberg

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

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EDITOR: article.editor/s

PUBLISHER: article.publisher/s

STATUS: Write

PRIORITY: 0

OWNER ID: 75

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