Next BlackBerry (BBR) Could Be Revealed Next Week

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BlackBerry will be hosting a live online event next week on July 26th and we could be seeing some new phones revealed. The company’s CEO John Chen had said the company would talk about new phones in the next “week or two” and Chief Operating Officer Marty Beard said last week the next phone launch was “very, very imminent.”

Chen has said he’ll unveil two phones between now and March 2017 that will both use Google’s Android operating system. Phone sales have dropped for BlackBerry since Chen took office. In the CEO’s first full quarter as CEO, which ended Mar. 1, 2014, BlackBerry sold 1.3 million phones, but in the most recent quarter it sold only 500,000.

BlackBerry reported fiscal first-quarter earnings last month that broke even and posted revenue of $424 million in the quarter. This year the company has dropped 31 percent thus far.

Disclaimer: We have no position in BlackBerry Ltd (NASDAQ: BBR) and have not been compensated for this article.