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| John Chen, chief executive officer of BlackBerry Ltd., speaks on a Passport smartphone during a Bloomberg Television interview at a product announcement in Toronto, Ontario, Canada, on Wednesday, Sept. 24, 2014. |
The device will be released later this year.
Blackberry Ltd. confirmed rumors on Friday
that it would start making phones using Google’s Android software, at
the same time that it reported another quarter of disappointing earnings.
The device will be called Priv, in an attempt
to honor what CEO John Chen calls, “heritage and core mission of
protecting our customers’ privacy.” Though Blackberry didn’t reveal how
expensive the new device will be, or how it will be distributed, it did
say that the device will be released later this year.
The move is seen by analysts as a last-ditch
attempt to revive its deeply depressed smartphone business by riding the
coattails of the most popular smartphone operating system, Android.
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