Canadian tech company BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) has received a lot of flack in the past few years for not being able to compete with the likes of of Apple Inc. (NASDAQ:AAPL) and Google’s Android. However, there is still a small handful of people who actually like BlackBerry and one of those individuals happens to be Google Inc (NASDAQ:GOOGL) (NASDAQ:GOOG)’s Eric Schmidt.
Schmidt opens up about BlackBerry
Eric Schmidt recently pair a visit to Canada where he officially announced a $1.5 million grant as an effort to support educational charity Acuta. He also talked about the new book “How Google Works” written by Jonathan Rosenberg, who also happens to be Page’s advisor. In a recent interview with The Canadian Press, he also talked about his appreciation for BlackBerry phones.
When asked about why he switched from BlackBerry to Motorola Razr X, he explained, “Well, I need to carry this. I still like BlackBerrys but I’m afraid they missed a set of transitions that were very important and the new CEO is trying very hard to recover. But the fact of the matter is that Android and iPhone are driving the market now. I have always liked the BlackBerry keyboard.”
A possible turnaround for the company
Despite BlackBerry’s main downfall, the company is still trying to find success. The tech giant aims to do that with it’s latest device BlackBerry Passport. This new device was specifically designed for enterprise and government agencies. The new device was designed with a wider body which gives it an edge against competitors. Perhaps BlackBerry is on to something considering the new device garnered 200,000 orders since the launch.
A recent earnings report for the company offers a suggestion more wiggle room is needed. BlackBerry lost $11 million or $0.02 per share. Analysts were actually expecting a larger loss of $0.16 share. This means the bleeding has stopped and now BlackBerry has some room to grow a little.