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Oct 1, 2013 · The Globe and Mail says new chief executive Thorsten Heins’s decision to kill SMS 2.0, backed by Mr Laziridis, and concentrate on BlackBerry 10 was the reason Mr Balsillie eventually quit the ...
- History of Blackberry
- The Game Changer
- The Swings
- Corporate Comeback
- Will Blackberry Survive?
- The Bottom Line
The pioneer in bringing email services to handheld mobiles, with its trademark QWERTY keyboard, BlackBerry became an instant darling of world leaders, corporate honchos, and the rich and famous alike. Indeed, owning a BlackBerry device was once a status symbol, and BlackBerry addictionwas a prevalent condition. The always-on, always-connected wirel...
BlackBerry’s stock price peaked at an all-time high of $147 in mid-2008. A year earlier, Apple Inc. (AAPL) introduced its iPhone—the first prominent touchscreen phone. BlackBerry ignored it initially, perceiving it to be an enhanced mobile phone with playful features targeted at younger consumers. However, iPhone was a huge hit—and this was the sta...
In 2009, RIM secured first place in Fortune’s 100 fastest-growing companies. In September 2010, Comscore reported RIM having the largest market share (37.3%) in the U.S. smartphone market. Its global user base stood at 41 million subscribers. Unfortunately, that was the peak of market penetration for RIM in the United States. After that, the compan...
The high volatility in the stock is attributed to several comeback attempts, corporate developments, associated recommendations by analysts, and competitor developments. In April 2010, RIM acquired the real-time operating system QNX, which formed the basis of the BlackBerry Tablet OS. The BlackBerry Playbook tablet was introduced on the QNX platfor...
In its current iteration, BlackBerry Limited is a provider of cybersecurity and Internet of Things (IoT) services, having effectively given up on smartphones as a business. On April 3, 2024, the company issued fiscal year (FY) 2024 total revenue of $853 million, with IoT revenue of $815 million and cybersecurity revenue of $280 million. Q4 fiscal 2...
BlackBerry is an example of the big risks associated with the highly dynamic technology sector. None of the industry rankings, predictions, or recommendations seems to fit the BlackBerry stock play. Long-term investors have been burned, while only a few traders may have made money on the wide swings. Unless confirmed news of solid acquisition or pa...
- Danny Maiorca
- Senior Author
- Slow to Adapt. At its peak, BlackBerry's innovation kept us all on our feet. BBM revolutionized instant messaging, and its devices also helped speed up smartphones to what today are effectively portable mini-computers.
- Losing Its Core Market. Another reason BlackBerry's fall from grace was so steep is that it didn't pay as much attention to the likes of BlackBerry-created phones for businesses.
- The BlackBerry Operating System. Another key reason behind BlackBerry's failure was its loyalty to its operating system—despite some significant flaws.
Aug 12, 2013 · August 12, 2013. Shares in the Canadian maker of BlackBerry smartphones peaked in August of 2007, at two hundred and thirty-six dollars. In retrospect, the company was facing an inflection point ...
Sep 27, 2013 · Now, BlackBerry's future is in doubt. This week, Fairfax Financial Holdings Ltd., a Toronto-based investment company, announced a plan to lead a $4.7-billion takeover of the company. The offer is ...
Sep 19, 2023 · BlackBerry made half-hearted attempts at reinvention with entries like the PlayBook and BB10 operating system. But in general, innovation was no longer part of their DNA. When your identity is defined by a physical keyboard and enterprise software, it’s tough to envision what comes next.
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Feb 1, 2018 · BlackBerry was founded in 1984 (as Research in Motion) and was originally a developer of connectivity technology like modems and pagers. In 2000, the company introduced its first mobile phone product in the BlackBerry 957, which came with functionality for push email and internet. Over the ensuing decade, the BlackBerry became the device of ...
