“Shares of Canadian handset manufacturer BlackBerry Limited jumped nearly 6% in yesterday’s trading session, following rumors that it might be acquired by rival Apple Inc,” Zacks Equity Research writes via Yahoo Finance.
MacDailyNews Take: “Rival.” (smirk)
“In January this year, a similar rumor of BlackBerry getting acquired by Samsung had driven up the company’s shares by around 30% in a day,” Zacks writes. “But the trend reversed when BlackBerry declared that the rumors were baseless.”
“BlackBerry has a very powerful patent portfolio consisting of about 44,000 patents worldwide in the areas of data security and basic wireless technologies,” Zacks writes. “Apple has had tremendous success in the consumer segment and it has tied with IBM to build share in the enterprise segment. Apple’s product quality and IBM customization is likely to help it penetrate IBM’s customer base, or at least that is the idea. Despite its shrinking market share, Blackberry still has some loyal users and its technology is still valuable, particularly for enterprises. The huge portfolio of patents is also a positive.”
Read more in the full article here.
MacDailyNews Take: These are the types of rumors that swirl around dying companies.
Let’s get real, shall we? Blackberry still has “some” loyal users just like there were “some” Dodo birds in the 1660s.
The fact is that Apple’s done just fine so far without owning BlackBerry or their patents.