“Wedge Partners analyst Brian Blair this morning weighed in with a grim evaluation of what the future holds for the BlackBerry smartphone maker,” Savitz reports. “‘We don’t see an M&A opportunity near term, mainly because we don’t believe RIM has much to offer,’ he writes bluntly. ‘If there was value in the Network Operating Center back in the day, it seems to have faded. If we have learned one thing from the iPhone, it’s that the device’s security is ‘good enough’ for the government and ‘good enough’ for the enterprise. We have seen every type of company replace BlackBerry with the iPhone over the last 3 years. If there is value in RIM’s Blackberry servers placed around the world in large numbers, that value is in decline, as those same servers continue to get ripped out on what seems like a monthly basis.’
Savitz reports,”The great hope for RIM is BlackBerry 10. But Blair thinks it will be DOA. ‘We don’t see any scenario where BB10 can compete meaningfully against the three major smartphone operating systems,’ he writes… Not least, Blair offers some simple advice on what to do with the weak-selling PlayBook tablet: Kill it off an move on.”
Read more in the full article here.
MacDailyNews Take: DCW. But, not for much longer.
[Thanks to MacDailyNews Reader "Tayster" for the heads up.]