BlackBerry Refutes Reports of Handset Division Sale

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BlackBerry's CEO has denied a media report that the company would consider selling its handsets division and become a pure software company.

In a blog post, BlackBerry's CEO, John Chen said that a report by the Reuters news agency had reported his comments out of context.

The news report said that BlackBerry would consider exiting its handset business if it remains unprofitable.

"If I cannot make money on handsets, I will not be in the handset business," John Chen told Reuters in an interview, adding that the time frame for such a decision was short. He would not be more specific.

However, hitting back, John Chen wrote that there is "no intention of selling off or abandoning this business any time soon," adding "We have not given up and we are not leaving the Devices business."

However that "any time soon" comment does seem to leave open the option to drop the handset business in the future.

On the web: BlackBerry Blog - Reuters

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