Articles by Chris Umiastowski

Scotiabank sees a sale or partnership as more likely than BlackBerry going private

Scotiabank sees a sale or partnership as more likely than BlackBerry going private

Chris Umiastowski 201

Today I had a read through a report from Gus Papageorgiou from Scotiabank. On the back of the announcement of a special committee to explore strategic alternatives, he raised his target price on the stock. His new target is $14.20, up from $12.50 previously. In his report, he comments on the higher probability of a sale of the company or a strategic partnership versus a going private...

Quick take on the BlackBerry strategic alternatives announcement today

Quick take on the BlackBerry strategic alternatives announcement today

Chris Umiastowski 439

It has been over one year since BlackBerry hired JP Morgan and RBC Capital Markets to help it explore strategic alternatives such as finding a partner or licensing the BB10 operating system. What happened during that time?  I’m not sure. As far as I can tell nothing has happened, except both investment banks have likely been paid nice fees for being on the assignment. Was this strategic...

Despite a meeting with Silver Lake, I don’t see BlackBerry going private

Despite a meeting with Silver Lake, I don’t see BlackBerry going private

Chris Umiastowski 262

Late last night, Reuters published a story suggesting that BlackBerry’s board of directors may actually be opening up to the idea of going private. So in good CrackBerry form, I thought I should write up something that explains what it means and how it might change things for the company if it happens. Let me start by saying this:  I don’t think BlackBerry is going private anytime soon...

Wish List: I'd like to see BlackBerry become the Tesla of the smartphone industry

Wish List: I'd like to see BlackBerry become the Tesla of the smartphone industry

Chris Umiastowski 141

If a Tesla Model S electric car can get a 50% battery recharge in 20 minutes at a supercharging station ... shouldn’t it be possible to do the same on a BlackBerry?  That’s what I’d like to discuss here. Over the last few months I’ve developed what my wife lovingly refers to as unhealthy obsession with Tesla Motors and their Model S electric car.  You know the one, right?  It starts at...

Apple’s iOS7 is a clear reminder that BlackBerry must keep moving.

Apple’s iOS7 is a clear reminder that BlackBerry must keep moving.

Chris Umiastowski 338

When I watched the unveiling of iOS7 in yesterday’s live stream of Apple’s World Wide Developer Conference I couldn’t help but notice that some of the new gestures seemed to be strikingly similar to those in BlackBerry 10. It’s easy to make a case that Apple’s latest mobile OS heavily borrows from the best of BlackBerry.  But none of that matters. The average iPhone customer doesn’t...