By Tony Connelly

Blackberry’s transition into a software company has helped alleviate losses in its handset sales after the phone giant reported first quarterly software revenues grew 150 per cent to $137 million over the previous quarter.

The Canadian phone firm’s main focus is no longer on handsets after a long decline in sales resulted in CEO, John Chen, announcing that he wanted to divert between $100 to $200 million in hardware spending into the software arm of the business.

In releasing its first quarterly earnings yesterday the company announced that the introduction of two new phones- the touchscreen, Leap and the classic, Passport- aimed Read full story ›

Source: The Drum