News

Fairfax Financial consortium agrees to purchase BlackBerry for $4.7 billion

BlackBerry has signed a letter of intent with Fairfax Financial that means the company could soon be sold in a $4.7 billion deal. While a letter of intent isn't a binding contact, it does bode well for BlackBerry and, if everything pans out, could mean BlackBerry will go private in the very near future. Press Release BlackBerry shareholders would receive U.S. $9 per share in cash...

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BlackBerry added 1.1 Million BBM users without even launching the official release

Although it's been a long day for those waiting for cross-platform BBM and those in Waterloo working to make it all happen, there was some pretty interesting news in the status update from BlackBerry. In case you missed it, they actually added 1.1 Million users to the BBM platform without even launching the app officially.  I'm not trying to sugarcoat it, the rollout has been a frustration and...

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I’m happy to hear about the larger round of job cuts at BlackBerry

I’m happy to hear about the larger round of job cuts at BlackBerry

On Wednesday of this week, the WSJ reported that BlackBerry may cut as many as 40% of total jobs. When we talked about this on the latest CrackBerry podcast, we were not yet sure if the 40% number was accurate, or if these cuts were above what the company had already said they’d do. Then we did some of our own digging and we found out the headcount would be dropping to about 7600, verifying the...

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Take the Talk Mobile Creativity survey for a chance to win a $100 Best Buy Gift Card!

We've closed out mobile creativity week of Talk Mobile, so it's survey time! Yep, another Talk Mobile week, another Talk Mobile survey, and another chance to win some money in exchange for giving us some quantifiable data! Mobile creativity week touched on photography, videography, mobile business, and more, and it was just great. So, without further ado, here's the mobile creativity...

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BlackBerry could really use a big name equity partner

BlackBerry could really use a big name equity partner

It’s been just over one month since the BlackBerry board of directors announced the formation of a special committee to look at strategic alternatives.  Today I thought I’d give a bit of an update on my thinking around the topic. First, I want to remind you all that the supposed mandate of this special committee is to “accelerate BlackBerry 10 deployment”, to quote the press release.  Unless...

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WSJ reports big layoffs at BlackBerry

WSJ reports big layoffs at BlackBerry

The Wall Street Journal just reported that BlackBerry could be laying off up to 40% of staff. This information, reported by Will Connors, who follows the company very closely, comes from people “familiar with the matter”.  Just to make sure this is clear, all this means is that the sources do not want to be described or named.  If it was only one source, they would probably not have gone out...

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BlackBerry Jam Asia

BlackBerry Jam Asia 2013 kicks off next week, and I’ll be heading down for the second year in a row. This go-around we’re in Hong Kong rather than Bangkok, and there are a lot of potential announcements to be made. However, before that happens, there’s this mysterious event on the 18th. in Malaysia - what might they announce there, but not at BlackBerry Jam Asia? Before we start guessing about...

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Brainstorming BBRY: What would BlackBerry without a hardware business look like?

About two weeks ago BlackBerry board member Bert Nordberg gave an interview to the WSJ, in which he made some pretty interesting remarks. Personally, I think anything Nordberg says has to be taken seriously given his background as CEO of Sony Ericsson. For a good many years, Sony Ericsson was doing a great job of putting out high quality phones, and the joint venture was very profitable. The WSJ...

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What if your next BlackBerry 10 device was made by LG?

What if your next BlackBerry 10 device was made by LG?

There has been a ton of speculation and rumors out there about the future of BlackBerry and it's likely not going to settle down until some real official news breaks. Even here on CrackBerry, we started a 'What If' series to discuss the hypothetical likelihood of some of the potential interests out there and while this isn't necessarily following the same format as those, there has been one name...

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BlackBerry's sales force gutting isn't what you think

BlackBerry's sales force gutting isn't what you think

Yesterday we saw several websites report on job cuts in BlackBerry’s sales force. The initial source of the story was Nick Waddell’s Cantech Letter. His source described the consumer sales force as being basically “gone” and the enterprise sales team as “gutted”. The source clearly believed that half of BlackBerry’s sales force had been wiped out. Obviously we have to take this kind of...

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Can BBM be worth $5 per share to BlackBerry’s valuation?

Can BBM be worth $5 per share to BlackBerry’s valuation?

This morning one analyst published a quick report suggesting that BBM could be worth $5 per share in BlackBerry’s valuation. Considering the stock trades at just over $11 as I write this, and considering that I don’t think the stock incorporates any value for BBM in the price, it’s decent upside potential. In his research note, Gus Papageorgiou from Scotiabank suggests that BlackBerry may be...

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8 Reasons BlackBerry Owners Get It Done

8 Reasons BlackBerry Owners Get It Done

I am always a fan of a well-assembled infographic, and this morning while checking out my twitter stream I came across an awesome BlackBerry one. Titled 8 Reasons BlackBerry Owners Get It Done, it was put together from data collected by a Verizon survey that polled 1700 smartphone users earlier this year. The results are what you might expect when visualizing the "classic" BlackBerry user. They'...

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What if Lenovo bought BlackBerry?

What if Lenovo bought BlackBerry?

Ever since BlackBerry announced that they’re assessing strategic options, including (but not limited to) selling the company, everybody’s been talking about who would buy them outright or in part. Of course we’re all rooting for BlackBerry and hope that it doesn’t come to a sale, but there are a lot of different ways the next few quarters could pan out. Patents could be bid on by a consortium of...

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Ripping off the Band-Aid; BlackBerry board allegedly pushing to sell company by November

After years of us complaining that it's always taking BlackBerry too damn long to bring new products to market, it's looking like they're finally going to deliver something ahead of schedule. Only problem is, it's not a new product. We're talking about finding a new buyer / strategic partner for the company (that's irony right there). News today from the WSJ states that BlackBerry's special...

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Take the Talk Mobile Carriers survey for a chance to win a $100 Best Buy Gift Card!

With carrier week of Talk Mobile done, it's time for another survey, because darnit, we love numbers here. The survey will let us pull together the numbers to put together more awesome infographics like the ones we've done for gaming and keyboards. Carriers week was full of awesome, including lots of sage and common sense advice on how to make the carriers into organizations that don't...

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Bert Nordberg

Despite his experience in bringing Android into the fold at Sony Ericsson, BlackBerry board member Bert Nordberg said in a recent interview that flipping the switch isn't as viable an option in BlackBerry's situation.  "As a CEO of Sony Ericsson, deciding to bet on Android was an easy decision. With BlackBerry things are definitely much harder. Blackberry's security framework is built into the...

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What Microsoft buying Nokia means for BlackBerry

What Microsoft buying Nokia means for BlackBerry

This morning Microsoft made official what lots of industry observers thought was the only logical conclusion ... they bought Nokia’s phone and services business. They’re also picking up necessary patents and licensing Nokia’s mapping technology as part of a $7.2 billion deal. In my mind this deal is confirmation that Microsoft felt it needs to entirely control the hardware end of the business in...

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Want someone to build a BlackBerry 10 app? Try creativity in asking!

Over the years, I've seen Kevin do some crazy things but what I witnessed recently was likely one of the top antics I've seen from him in a while. Before I get into that though, I have a little story to share. It may be true, it might not but here it goes. A little background first though, my mother recently remarried and her new husband told me this story about how he gained a job at one of his...

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Wall Street Journal digging reveals very weak Q10 demand

Wall Street Journal digging reveals very weak Q10 demand

Someone who I find does a good job of digging into BlackBerry is Will Connors from the Wall Street Journal. He and colleague Thomas Gryata published a story yesterday highlighting the difficulties BlackBerry is having selling the Q10. I’ll be the first to admit I was expecting a much stronger launch. With so many older BlackBerry devices on the market I figured there would be millions of people...

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What if Cisco bought BlackBerry?

Cisco and BlackBerry

Ever since BlackBerry announced that they’re assessing strategic options, including (but not limited to) selling the company, everybody’s been talking about who would buy them. Of course we’re all rooting for BlackBerry and hope that it doesn’t come to an outright sale, but there are a lot of different ways the next few quarters could pan out. Patents could be bid on by a consortium of...

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