4 ms·

sooo... it seems partly for emotional reasons “We’re trying to make sure it remains in whole in Canada" that is not a business reason "we have every confiden

sooo... it seems partly for emotional reasons “We’re trying to make sure it remains in whole in Canada" that is not a business reason "we have every confidence it will be successful again,” based on? "There are no strategic players, or other technology firms, in the consortium." so... a bunch of non technical players want to try and save a dying tech company for emotional reasons? unless I'm missing something it might seem like a good idea to run away from that deal and fairfax at a pretty good speed. i mean blackbeerry just announced hilarious losses for q2, dropped 4500 staff and just announced "pulling out of the consumer market to focus on enterprise"... it seems they are deeply failing to learn from the lessons of the iphone 7 years ago now. they always were a more enterprise phone and that was still not enough to save them from being cannibalized first from iphone and now android. hell even now windows phones makes better sense because it will tie in with your windows outlook, etc infrastructure better in your standard microsoft office. am I missing something? thoughts?

canistr 13y ago
All they're really saying is that they want to maintain control without outsiders. And to really do that, they have to convert the company back into a private one, cut their losses by removing the deadweight in the 4500 employees, then stick to a core business that they know will keep them alive.
- Mikeb85 13y ago
  They should do infrastructure, and high-end Android phones aimed squarely at execs. Qnx is great, but the eco-system is in Android, BlackBerry should make the switch. Their hardware is great, they could bring their UI and apps with them, enter Google's ecosystem and sell a bunch of gold-plated, physical keyboard equipped Android phones...
  - nly 13y ago
    I think switching to Android would be a disaster. "Just another Android phone" is something we see already in the market, with very few players actually differentiating themselves.
  - canistr 13y ago
    Agreed. Secure infrastructure would be important. I see it as the most important component given that so many companies are switching their infrastructure to support BYOD instead of tying themselves directly to BB, Windows Phone, etc.
mseebach 13y ago
Number one thing you're missing is the fact that you're reading a press release, not the internal business case for the bid. If they put in a solid, well-argued business case for why and how it's actually worth $6bln, there will be a long line of competing bids all the way up to that value, the share price will soar etc. The emotional lines plays very well in the press and distracts people like you from the possibility that they have a rock-solid business case (even if that business case is fire everybody and sell the patents to overseas patent trolls). Or it might just be purely emotional, you never know :)

canistr 13y ago

All they're really saying is that they want to maintain control without outsiders. And to really do that, they have to convert the company back into a private one, cut their losses by removing the deadweight in the 4500 employees, then stick to a core business that they know will keep them alive.

Mikeb85 13y ago
They should do infrastructure, and high-end Android phones aimed squarely at execs. Qnx is great, but the eco-system is in Android, BlackBerry should make the switch. Their hardware is great, they could bring their UI and apps with them, enter Google's ecosystem and sell a bunch of gold-plated, physical keyboard equipped Android phones...
- nly 13y ago
  I think switching to Android would be a disaster. "Just another Android phone" is something we see already in the market, with very few players actually differentiating themselves.
- canistr 13y ago
  Agreed. Secure infrastructure would be important. I see it as the most important component given that so many companies are switching their infrastructure to support BYOD instead of tying themselves directly to BB, Windows Phone, etc.

mseebach 13y ago

Number one thing you're missing is the fact that you're reading a press release, not the internal business case for the bid. If they put in a solid, well-argued business case for why and how it's actually worth $6bln, there will be a long line of competing bids all the way up to that value, the share price will soar etc. The emotional lines plays very well in the press and distracts people like you from the possibility that they have a rock-solid business case (even if that business case is fire everybody and sell the patents to overseas patent trolls). Or it might just be purely emotional, you never know :)