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Thread: BlackBerry May Go Private to Become More Profitable

  1. #1
    MMi Staff Writer Michael Essany's Avatar
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    Default BlackBerry May Go Private to Become More Profitable


    BlackBerry's days as a publicly traded company may be numbered, according to published reports Friday.

    The company, which has failed to make 2013 it's anticipated comeback year with the BB10 lineup of devices, continues to lag well behind it's iOS and Android competitors. And as Windows manages to mount a formidable presence of its own in mobile, BlackBerry's star is fading faster than ever.

    Chief Executive Thorsten Heins and the company's board is increasingly coming around to the idea that taking BlackBerry private would give them breathing room to fix its problems out of the public eye, the sources said.
    News of this consideration, which not necessarily a shocker, still represents a departure from recent comments by Heins. The BlackBerry chief stated in July that the smartphone maker was on the right track although it needs more time to gain its footing, release more devices, and forge ahead.

    Of course, with BlackBerry 10 sales still coming in well below analysts' expectations, a drastic move consistent with the chatter reported today may come sooner rather than later.

    Source: Reuters

  2. #2
    If blackberry plans to charge users for their bbm service or whatever they're thinking say bye bye to whatever users the currently have. The key here is innovation and if they can't think outside of the box and come up with a cool feature that other devices lack then I see them loosing ground in no time.

  3. #3
    Quote Originally Posted by asma123 View Post
    If blackberry plans to charge users for their bbm service or whatever they're thinking say bye bye to whatever users the currently have. The key here is innovation and if they can't think outside of the box and come up with a cool feature that other devices lack then I see them loosing ground in no time.
    Innovate like apple,...?

  4. #4
    Livin the iPhone Life bigboyz's Avatar
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    BB really needs to make some moves. Either align yourself with a heavyweight or produce something worth buying. Will be interesting to see the outcome of this one.

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