Beleaguered gadgetmaker BlackBerry said on Monday that it’s signed a tentative agreement to be purchased by a group led by Canadian holding company Fairfax Financial in a $4.7 billion deal.
The transaction, in which BlackBerry would become a private company, represents a turning point for a once high-flying tech giant that played a key role in the mobile-device revolution only to be eclipsed by Apple and Google.
Fairfax, which already owns 10% of BlackBerry, will pay $9 per share for the company, about 3% more than its closing price on Friday
The headline does not tally with the article. What is the ‘Fatal mistake that doomed Blackberry’?
The headline does not tally with the article. What is the ‘Fatal mistake that doomed Blackberry’?
well BBM is coming to android so what else could y’all expect
Blackberry has experienced many problems in transmitting. Sooner or later it’s demise or near demise would have occurred.
I feel sorry for the employees. Some 45,000 of them will lose their job by year end. Do you see the dilemma the world is in?
I don’t understand from the contents of the article what their fatal mistake was nah.
Loyal BB user to the max. Don’t worry. Once you’ve been with Black you will come back. llOll.
Making bbm available for andriod and iOS was the most stupidest thing you could have ever done.
its not the end for Blackberry. Your negative attitudes mostly formed by negative media coverage which is based on a premise that RIM is a public company with shares sold on stock exchange. Wall Street analytics smashed Blackberry due to poor earning and it damaged sales…which apparently leaded to even worse earnings etc. Like Dominica: no tourists because of poor infrastructure and poor infrastructure because of no tourists.
But Blackberry itself is a good company with zero debt. Once Fairfax takes it out of stock exchange it will give them time to re-invent Blackberry because itself Blackberry is a great company and it should live. Its pointless to compare Blackberry to Apple, they are different as Windows OS and Linux. I think that Blackberry needs 5-6 quarters to re-group and get back to the market…
That’s how intelligent people take their time and learn, read and understand before commenting. You don’t just jump every time the media says you should jump. In time we will see if they do turn around.
Eclipsed by only apple and google? Last time I checked it goes like this.
1. Apple Iphone
2. Samsung galaxy
3. Google nexcus
4. Nokia lumia got a 41 mega pixel camera and slimmest smart phone
Blackberry was never really on the map.
Here they go again. It’s simple really. some people play and work. Other people work and play. Making the planet dumber isn’t anything to be proud of.
alas you cannot spell… Nexus…
the light that burns twice as bright, burns half as long sadly..
This is not true in the tech world. This is assuming that they are operating from the same power source and the lamps are of the same technology. Blackberry is NOT a smartphone, even if it is marketed as one. Real smartphones are the ones which operate on the Apple, Android and Windows OS.
RIM (Blackberry) was too damn arrogant. They were completely not focused on the consumer.
Years ago I was at a convention where Blackberry had a booth and I asked one of their reps why didn’t my Blackberry automatically change the time zone when I travelled to a different time zone. The guy said they did nto feel like doing that. Prior to my first Blackberry, I had a cheap cell phone which had that capability built in.
I am totally not surprised they find themselves at the back of the pack. Arrogance kills.
You actually believe a ‘rep’ would have the ‘inside’ information why that was done??? well a ‘rep’ means to represent but this could simply be low-level employees or students paid to look the part…
the point is not about the rep!!!
These are the minds that has let intelligent phones fall between the cracks and has let the so called smart phone dominate a market filled with people that love farmville and angry birds and candy crush. They’ve just got way too much time on their hands.
U sure is a blackberry u have…. all blackberries have the option to automatically change timezones
It was only a response by the rep. to end that conversation which he thought was futile and so was your question.
The blackberry is not programmed to change the time-zone. Whoever owns a blackberry, other cellular phones or a watch or clock for that matter, must manually change the time-zone wherever they travel to unless, today, those gadgets are more advanced. It would have to be specially factory programmed.
To my knowledge, the only ones that change when the time changes as in the case of daylight saving time when the time changes forward or backward, for spring/summer and for the fall (autumn) and winter are the computers and TV digital boxes.
BlackBerry’s failure to keep up with Apple and Google was a consequence of errors in its strategy and vision.
1.First, after growing to dominate the corporate market, BlackBerry failed to anticipate that consumers — not business customers — would drive the smartphone revolution.
2.BlackBerry was blindsided by the emergence of the “app economy,” which drove massive adoption of iPhone and Android-based devices.
3.BlackBerry failed to realize that smartphones would evolve beyond mere communication devices to become full-fledged mobile entertainment hubs
In conclusion, your customer is your interface and Blackberry failed to listen to us.
Yes I completely agree. A collection of brilliant people failed to ingest that the consumer market would want dumber phones.
I will admit that there are a lot of useful apps for the competing phones, but the overwhelming majority of their users simply play games and waste time on them. The majority of BB users seem to do more useful things with their smart phone.
I would think it is the same as all gadgets/ technology that are manufactured and sold. The competition is great with everyone of them trying to outdo the other and to be the top seller and richest also in the Stock Exchange. Someone or a few will lose out. Today for Blackberry. Tomorrow for another.
Microsoft is now amalgamated with Bell (Canada) now called Bell which outsourced its business to India, Philippines, Costa Rica and San Salvador.
McAfee sold its business as well and accused the buyer of not being proficient. They will all fall sooner or later. This will come to pass.