“Shares in BlackBerry Ltd fell more than 6 percent on Wednesday on doubts about a $4.7 billion bid to take the smartphone maker private, and after a big U.S. carrier said it would stop stocking BlackBerry smartphones in its stores,” Alastair Sharp and Sinead Carew report for Reuters. “In an announcement that highlighted the faded relevance of the company that pioneered on-the-go email, T-Mobile US Inc said it was no longer efficient to keep BlackBerry devices in its stores.”
“The announcement from T-Mobile, which competes aggressively on price and is better known for consumers than for business customers, followed BlackBerry’s news that it is pulling back from the consumer market, where it has bled market share to Apple Inc’s iPhone and devices using Google Inc’s Android software,” Sharp and Carew report. “BlackBerry, which put itself on the block in August, on Monday accepted a tentative $9 a share offer from a mostly Canadian consortium led by domestic insurer Fairfax Financial Holdings Ltd.”
“BlackBerry says its second-quarter results will feature slumping sales, a big operating loss and hefty job cuts. It reports results on Friday, but canceled plans for a conference call with investors because of the Fairfax bid,” Sharp and Carew report. “BlackBerry’s Nasdaq-listed shares ended the day at $8.01, almost a dollar below the Fairfax group’s offer price… Contract electronic manufacturer Jabil Circuit, which counts BlackBerry as its second largest customer, said it is very likely it will part ways with the company, which could take between 28 and 34 cents out of its 2014 earnings per share.”
Read more in the full article here.
MacDailyNews Take: iPhone, killer.
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We all knew this was coming.
Q: How do you know Adam was a Canadian?
A: Who else could stand beside a naked woman and be tempted by a fruit?
Yeah, “Blame it on Canada”. We still have more culture than your excuse of a country. The closest thing you have to a Quebec is New Mexico, and it’s just as dirty as the old one. Before you make a joke about Justin Bieber, just know we have you Neil Young and Arcade Fire. And just about any Canadian Film Board film is better than the Hollyweird trash you force on the world. You’re welcome.
So, how do you feel about South Park?
Proof that America has no culture. The CBC has better programmes than your stupid excuse of TV. And don’t even mention PBS. I live near the border, and I unfortunately have to see your bad rip-offs of British programmes. Yes, we have BlackBerry, but we also have everything else. Shut up.
Have you watch CBC lately? Its mostly rebroadcasts of American Network Television, and we can’t even watch the CFL on CBC anymore. CBC has become a huge wast of Tax dollars.
See what I mean? US culture is overshadowing our culture, and as someone who lives dangerously close to Detroit, I can safely say it can’t be a good thing. I absolutely hate weekends because a bunch of ignorant Detroiters like to cross the bridge, and take advantage of our drinking laws. We might have to build a fence on our border. (If it worked for you guys, it may work for us)
Ahh, you’re from Windsor. That explains alot.
By the way, I live about a hour north of Detroit on the Canadian side; is that a safe enough distance from Detroit? /s
Putting someone else down doesn’t mean you’ve propped yourself up.
Instead of showing your hatred (even though it may have only been in response to another hateful comment from a usually ignorant person), it is actually possible to be proud of yourself and respectful to others at the same time – insult the asshole, not the entire country he MAY live in.
It’s called Fighting Fire with Fire. It may not be the smartest thing to de, but I love how effective it is.
Effective? I think not. Just brings you down to his level: irrelevant.
How exactly is it effective? Do you think BLN even cares what you think? I’m guessing, not. Instead, you’ve drawn other people into your “fight” by possibly insulting them.
All you’ve effectively done, is drop to his self-righteous level of contempt.
Well, I’m not impressed with your effectiveness. But then, I see many facets of our Canadian, US, and “American” cultures. Try calling out the idiots of the world with fact and logic instead of scorn, you’ll achieve greater results.
(To me, “America” covers land from the Canadian arctic all the way to Hershel Island.)
What else is new with BLN?
Some one should remove his “nut” in his name.
Then he well be “Ballmer Left” which is going to happen
Hope he joins real Ballmer…and disappears!
How True!
BLN loves to be hated!!
More you hate his comment
More he get wild!
He has lost marbles!!
i’m a new mexican (for 30 years anyway) originally from new york who is part french-canadian: have you ever been to new mexico??? i have been to quebec and ontario. canada is a very pretty country with lots of different cultures. new mexico is very pretty too with lots of different cultures. about the only time it is dirty is when we have a forest fire followed by a flash flood. unfortunately we have had a few of those in the last years. please be advised though that i am not defending bln by any stretch of the imagination. we just have to put up with him and i apologize for his typically inane and insulting remarks.
That’s lots of hate, eh?
I’m sure you’ll find that “American” Culture and “Canadian” culture have a lot in common and that American culture has influenced the whole globe.
I’m sure you’ll also find that once you step out of your bubble, being identified by the country you attach yourself to is a rather silly thing. Evaluate people on their own merit, not the geo-political boundary that they happen to be raised in.
Sorry about that. That was kind of harsh, eh? 🙂
You will do just about anything to get attention. How pathetic.
The fruit that Adam picked was the cherry between her legs.
Windows Phone 7 should be next on the chopping block!
The Black dingleberry Storm Cloud III. Good riddance to such an ARROGANT company. Stick THAT in your pipe and smoke IT! To all you corporate CrackBerry self rightcious BOZOS!! iSay it is indeed justice. RIMM JOB. How does it feel to be annihilated by a tinker toy computer company? What a joke. Indeed amateur is finally & truly OVER!
I find your comments interesting. Years ago RIM offered free software to allow a BlackBerry to sync with a Mac. Other phone manufacturers didn’t do that. Windows phone certainly didn’t. Lazardis had a good idea, he just didn’t recognize a better one.
“Sinead”? Isn’t it supposed to be “Sinade”? I know it’s a small nitpick, but at least get the reporter’s name right. Sinade may not be a common name though, so it is forgivable.
Sinead is an Irish name. I don’t know if it’s this person’s name. But it’s a name. Spelt Sinéad.
It was only a matter of time before carriers made such an announcement based on the bad news from BB. Consumers are also weary of buying a product from a company that may not be around by the end of the year. Not to mention any further OS updates as well app makers eventually no longer supporting BB apps.
Next question is what carrier will follow?
Who’s going to buy a new Blackberry with a 2 year contract, they’re likely to be out of business before your contract is up. At the moment Blackberry’s market cap is not much more than Samsung Electronics yearly advertising budget. They don’t stand a chance, releasing BBM for iOS and Android removes one of the key platform lock-ins and will only exacerbate their demise.
MDN implies that the iPhone killed Blackberry. No, hubris, arrogance and lack of vision killed Blackberry. These guys could have developed what became the iPhone. Apple has gotten criticized for so called incremental changes in the iPhone. I will argue that Apple has made the iPhone increasingly more relevant with each iteration. Blackberry did little to nothing to make their phones more relevant and thus their demise. While the one trick pony leaders at BB were out trying to buy a hockey team, Apple was preparing something quite relevant along with an infrastructure to support that relevance. BB deserves to pass away into oblivion.
Blackberry, hate to say it, needed a partner with UI experience and a larger ecosystem.
App-Lack killed the Blackberry. No one wants to build consumer-driven apps for a small subset of fickle users that are using phones with tiny screens.
If they had adopted Android when they had the chance (and they had the chance) they could have been what Samsung is to North America. That being said, there isn’t as strong a culture of copying in NA.
They had a strong, loyal, user base of business customers that aren’t quick to change. Unfortunately, Blackberry left the back door open. They didn’t appeal to users’ desires. They thought that as long as they made it super easy for IT admins to control their environment, everything would be fine. The Blackberry Enterprise Server, once setup, gave IT admins a high level of control and excellent security.
However, slowly, year by year, an offensive was building up. By the time BB realized that they had to make consumer phones it was already too late.
Remember, there was a time, when iPhone came out, that people were still very anti-Apple. Android proves that. Lots of people were “Anything but Apple”
Hate to say it, but had Blackberry adopted Android or gone with a dual system (BB for enterprise and Android for consumers) they’d be in a different situation.
Also, they stuck to a keyboard interface for far too long.
Very sad.
I am a huge Apple fan but I in now way want Blackberry or Windows Phone to die. I think we need them to succeed for competitions sake. We at least need one more big player like Microsoft to battle Goosung.