BlackBerry is in trouble, and the company has received an offer for the acquisition from Fairfax Financial. However, a transaction worth $4.7 billion is still far from being achieved, and the BlackBerry has an alternative plan.
As already known, the Canadian company Blackberry is in serious financial problems. They announced financial results for the second quarter of this year (until August 31), according to which the total GAAP loss reached $965 million. From this amount, the losses due to stockpiling devices that were never sold, which includes the cost of their storage and delivery, accounted for about $934 million.
BlackBerry recorded excellent sales results for the device Q10, which recently became available in the markets of Canada and Great Britain. According to data from Jefferies analyst Peter Misek, Q10 in these countries was mostly sold out or hard to find, despite the slightly higher initial price compared to other high-end smartphones and the relatively limited target audience, the business people.
According to Blackberry consumers will become tired of tablets in the next five years. Now, considering the massive growth that the tablet market has had over the past 2-3 years that might sound a little off the mark. To be perfectly honest we thought the claim was a little unusual when we first heard it as well. However Blackberry is not the only company that is foreseeing a future after the tablet has run its course. Not that long ago Gabe Newell said that he felt that touch enabled devices like the tablet were a transition device which would have a limited life span. He did not know what the next step in the evolution is but he was pretty convinced that touch was not going to stay the standard for long.
BlackBerry has announced prices and date for the start of sales of their Q10 smartphone in the U.S. market. BlackBerry Q10 is second company's smartphone running BlackBerry 10 (after the current model Z10), and with physical keypad remains loyal to the original BlackBerry design.
New software development package for BlackBerry 10.1 points to a number of news that are expected in the new version of BlackBerry operating system for mobile devices.
Mike Lazaridis, one of RIM's founders, is leaving the company. He stepped down from CEO duty 15 months ago, and was succeeded by Thorstein Heins. Lazaridis founded the company Research In Motion back in 1984 and was CEO until last year. On the occasion of announcement that he will leave the company on May 1st, he said that he believes he left the company good hands. On the other hand, Heins says he admires Mike on all the achievements and vision that helped in achieving the company's goals.
BlackBerry sent out a report about the growing variety of applications for the BlackBerry 10 platform. According to the official statement, the owners of BlackBerry 10 devices now got on their hands over 100,000 applications within the BlackBerry World.
Research In Motion is a part of the past - the company no longer exists. In fact, it does exist, but it's no longer called like that. The new name is, simply, BlackBerry the new creative director of this company, for all worldwide markets is Alicia Keys!
Every once in a while a new version of the same old rumor about a possible acquisition of RIM appears. According to recent information, Lenovo was interested in the Canadian smartphone manufacturer. So far Amazon and Microsoft have also been mentioned as possible buyers.