U.S. Senate Bids Goodbye To BlackBerry Ltd Devices

U.S. Senate Bids Goodbye To BlackBerry Ltd Devices

After a long relationship the U.S. Senate announced today that its time with BlackBerry is coming to an end and it will no longer supply staffers with the product once present supplies are exhausted. It could certainly be argued that Blackberry effectively divorced itself when its CEO announced in January at CES that BlackBerry’s new devices would be running Android if the company indeed made two new devices this year.

Senate confirms that Blackberry’s days are numbered “On The Hill”

Despite the fact that BlackBerry’s CEO, John Chen, has repeatedly said that the company remains interested in getting national security certification of BlackBerry 10 (OS) in order for certain government projects to use them, the U.S. Senate seems done with the company.

Exclusive: Dan Loeb’s Two New Stock Picks [Q1 Letter]

Nestle Dan Loeb Daniel Loeb third point capital hedge fund manager activist investor poison pen activism Yahoo corporate governance famous investorsThird Point's Dan Loeb discusses their new positions in a letter to investor reviewed by ValueWalk. Stay tuned for more coverage. Loeb notes some new purchases as follows: Third Point’s investment in Grab is an excellent example of our ability to “lifecycle invest” by being a thought and financial partner from growth capital stages to Read More

While many view the device as a dinosaur, it has been a stalwart on Capital Hill for well over a decade and its security remains as strong as ever. The notice of the Senate’s decision was sent to staffers and their bosses on Wednesday this week.

In the letter from the Senate’s Sergeant at Arms, which was first reported by Jim Swift’s bomble.com, the note read, “Once we have exhausted our current in-house stock, new device procurements will be limited, while supplies last, to warranty exchanges only.”

For those looking to try to get a BlackBerry (fake a warranty need?) before it’s too late, here is the present inventory:

As of June 29, 2016, our BlackBerry device stock levels are:

RIM Classic Verizon BlackBerry – 275

RIM Z30 Verizon Black BlackBerry – 160

RIM Classic AT&T BlackBerry – 45

RIM Passport AT&T BlackBerry – 45

RIM Z10 AT&T Black BlackBerry – 45

RIM Q10 AT&T Black Blackberry – 40

While the Senate is clearly done, BlackBerry’s handset business might be as well. Most consider the Priv the last chance for the company, and poor sales suggest that it will likely be the final coffin nail for BlackBerry when it comes to making its own hardware.

With a $699 price tag that is certain to come down, the Priv hasn’t seen the sales the company is hoping for to keep it in the game.

For years the BlackBerry faithful kept the company afloat but even that did-hard support has waned.

Previous article The Causes Of Systemic Risk – And Ways To Prevent Them
Next article Baird Analysts Says Apple Inc. Earnings Estimates Too High
While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. <i>To contact Brendan or give him an exclusive, please contact him at [email protected]</i>

No posts to display