BlackBerry stocks sink after dropping sale

[QuintonB]

BlackBerry sale bail sinks stock

BlackBerry Ltd abandoned on Monday its plan to sell itself and said its CEO is stepping down, sparking a 16 percent dive in its share price

 

[Polymathic]

Wow the company lost $1.3billoin in value in a couple months

 

[Tech786]

Someone did mention BB would be worth nothing...

 

[Fulcrum29]

I see that the board wants that prior Sybase CEO to take temporary charge...

 

[AlphaJohn]

Pretending that your problems doesn't exist is not a way to manage a company.

Time to split up the carcass while its still fresh and meat on the bones.

 

[Maverick Jester]

Five stages of grief... currently in stage 3.

And good riddance to Heins. What a tool.

 

[Ecco]

It just worse for these guys. Quite sad.

 

[Tech786]

Five stages of grief... currently in stage 3.

And good riddance to Heins. What a tool.

He and the guys that designed the PlayBook!

 

[Fulcrum29]

John Chen announced that he will do away with devices as an core service and do what they do best on the applications side.

QNX

 

[AlphaJohn]

John Chen announced that he will do away with devices as an core service and do what they do best on the applications side.

QNX

That what I said they should have done 2 years ago.... not QNX but focus on BBM, BIS/BES like services.

BIS: Android is capable of running VPN's and it would have been easy to ajust BIS to work with said VPN service.
BBM: if markted well 2 years ago had the ability to be the defacto messaging tool today. Free app, charge for emocons/themes or something like that.
BES: I still see potential here as businesses trust Blackberry and its installed on countless servers all across the globe. All that was needed is to enhance it to provide application security and communication management for all devices, its not that hard to do.

Edit: I know its easy to call out things as a backseat CEO, and think that Blackberry already looked at the options mentioned, I just wonder why they did not follow it. Must have a bloody good reason, I hope.

 

[Fulcrum29]

That what I said they should have done 2 years ago.... not QNX but focus on BBM, BIS/BES like services.

BIS: Android is capable of running VPN's and it would have been easy to ajust BIS to work with said VPN service.
BBM: if markted well 2 years ago had the ability to be the defacto messaging tool today. Free app, charge for emocons/themes or something like that.
BES: I still see potential here as businesses trust Blackberry and its installed on countless servers all accross the globe. All that was needed is to enhance it to provide application security and communication management for all devices is not that hard.

BB 10 (BIS/BES) is based on QNX (which includes way more systems than the standard consumers knows about, but utilises on a daily basis).

The BES market share is still strong and they have increasing activations, either test or productive environments.