Blackberry sinks in Canadian tech
Blackberry prospects may be looking up
It’s not hard to look up from the bottom of a canyon, and BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) investors have been doing just that for the last couple of years. The firm’s stock has not risen on the back of that optimism, though there is always the possibility of a recovery in Waterloo.
BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) still has trustworthy brand and the company probably still has a couple of engineers left on staff. Its enterprise software offerings are rumored to hold its best potential right now, but that may change, as theories have over the last year.
If it cannot find a niche, BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) is not long for this world. The company is still spending a huge amount of money to get its hardware to work, and that money may as well be burned for all the good it’s doing for shareholder value.
Many value investors have given up on their strategy over the last 15 years amid concerns that value investing no longer worked. However, some made small adjustments to their strategy but remained value investors to the core. Now all of the value investors who held fast to their investment philosophy are being rewarded as value Read More
It’s no longer possible to call any moment a crossroads for BlackBerry — the company’s been refusing to make public decisions about its business for a long time. Its departure from the top of the Canadian tech industry will be greeted as the end of an era, and that’s likely to happen officially in 2015.