Market Overview

BlackBerry's Andrew Bocking Leaves Company

Related BBRY
Rockstar Sells Patents To RPX: The End Of Patent Wars?
Is BlackBerry On The Cusp Of A Turnaround?
BlackBerry CEO Talks 'Classic' Debut, Strategy (Fox Business)

Andrew Bocking, the chief executive vice president in charge of BlackBerry's (NASDAQ: BBRY) BlackBerry Messenger has decided to leave the company, according to the BGR.

BGR also reports that according to a source, Bocking was let go and was not pleased with BlackBerry as a whole, even using an Android instead of a BlackBerry.

BlackBerry, once the king of the technology industry, will now rely on its BlackBerry Messenger to deliver the bulk of its earnings. BlackBerry plans to attain profitability by the year 2016 and plans to make BlackBerry Messenger itself profitable, as well.

BlackBerry Messenger is currently free to all users, and has about 80 million monthly active users. This data is according to BlackBerry as of December 2013.

BlackBerry is desperately trying to get back into the game, fighting with competitors to gain back its lost market share.

Since the inception of the iPhone line and the Android line, BlackBerry has continuously suffered massive losses. The company is now on the verge of bankruptcy as its earnings decrease, and administrative and development costs increase.

Posted-In: Andrew Bocking BBM BGRNews Rumors Management Tech

 

Related Articles (BBRY)

Around the Web, We're Loving...

Get Benzinga's Newsletters