BlackBerry to end smartphone production, will move to services-only model

The last true BlackBerry: The BlackBerry Classic was the last handset to feature RIM's core smartphone features

By Gadjo Cardenas Sevilla

The writing has been on the wall for some time on this one, BlackBerry (formerly Research In Motion) has announced that it is exiting the hardware business and will no longer make any more handsets. Instead, it will rely on partners for hardware as well as focus on a services-only model moving forward.

"The company plans to end all internal hardware development and will outsource that function to partners," said CEO John Chen in a statement about the tactical shift for the company. "Our financial foundation is strong, and our pivot to software is taking hold."

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