Blackberry Posts Surprising Profits
On a day when BlackBerry surprised analysts by reporting unexpected fourth-quarter profits, the company also said goodbye to Mike Lazaridis, its co-founder and vice chairman, would be stepping down in May.
The Turkish-born Lazaridis, 52, along with partner Jim Balsillie were largely responsible for turning the Canadian tech company (then known as Research in Motion) into a worldwide powerhouse. Their BlackBerry smartphone, launched in 2002, was a leader in that category until being usurped by Apple’s iPhone. With both Lazaridis and Balsillie now gone, the company has almost completely severed ties with its past.
“I remain a huge fan of BlackBerry and, of course, wish the company and its people well,” Laziridis said in a statement.