Blackberry Update: September 2015

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This morning BlackBerry announced its results for its second quarter fiscal 2016, which ended August 29, 2015.  A copy of our press release can be found here.

We’ve made strategic investments to expand on our leadership in cross-platform software and services, including closing on our acquisition of AtHoc and announcing our intent to acquire Good Technology. We continue to make progress in software licensing revenue, announcing double digit year-over-year growth for the fourth consecutive quarter, and positive free cash flow for the sixth consecutive quarter.

John Chen also discussed our plans to launch a flagship slider device that will run on the Android platform. The new device, Priv, is named after BlackBerry’s heritage and core mission of protecting our customers’ privacy. We’re working closely with Google to offer our customers the best of BlackBerry security and productivity with the extensive mobile application ecosystem available on Android. This is all part of our cross-platform efforts, allowing us to provide you with greater choice and flexibility, and better equips us to serve a larger base of users who want to experience a wider ecosystem without compromising security and productivity.

While the new device will offer new and existing customers additional choice in OS, I can assure you the company remains committed to the BlackBerry 10 operating system, which enables industry-leading security and productivity benefits. We will continue to develop and enhance the BlackBerry 10 operating system. Today, we also confirmed plans to release platform updates focused on security and privacy enhancements with version 10.3.3., scheduled to be available in early 2016.

Priv is scheduled to launch later this calendar year in major markets in-store and online, and we will release further details in the coming weeks. Please take a look at John Chen’s article today on CNBC to read more about our upcoming plans.