BlackBerry’s CEO is now 99% certain that the company will survive

Yesterday, BlackBerry reported its fiscal third quarter 2015 earnings report. The company was cash flow positive and operating earnings showed a 1 cent a share profit, although on a net basis the company was 28 cents a share in the red. After the report was announced, BlackBerry CEO John Chen spoke with Bloomberg’s Emily Chang about BlackBerry’s turnaround. When BlackBerry’s CEO was asked about his chances of completely turning around the company, the optimistic Chen said that the odds were 99% in favor of his success. The executive also piqued our interest by saying that BlackBerry would be introducing a new software product next June that will convince those using two devices, to stick with just a BlackBerry instead. When asked who was buying the new phones, he unsurprisingly said that many of those buying the BlackBerry Classic were coming from BlackBerry’s installed base. Chen noted (as we have previously) that the Classic is a perfect fit for those who love the BlackBerry Bold 9900 hardware, but want to have a device that runs the BlackBerry 10.3.1 OS build (which includes BlackBerry Assistant). The BlackBerry Passport is a different story, notes Chen. He sees new BlackBerry buyers purchasing the flagship model along with former ‘Berry owners returning to the fold.