BlackBerry Ltd. (TSX:BB) is standing firm on its promise to close its operations in Pakistan rather than accept that country's demands for "unfettered" access to its BES servers, even after a one-month delay in the government's deadline.
The BlackBerry Priv, the company's first Android device, marks what could be a last-ditch attempt by the Waterloo, Ont.-based developer to create a phone popular enough to save its struggling hardware division.
With its hardware sales still flagging BlackBerry's chief executive John Chen says he's found a different way to sell his devices. For the first time in BlackBerry's history, the company is going to sell a smartphone that runs on somebody else's programming rather than its own in-house creation.
BlackBerry reports first-quarter financial results on Tuesday, with expectations angled towards disappointment as the one time smartphone leader continues to shift focus from handsets to its software business.