John Chen is the new interim CEO of Blackberry. Today was the day the Fairfax Financial (Prem Watsa) deal was supposed to go to the next phase. Watsa had signed a deal some months ago to buy the company for $4.7 billion and take it private. But when he couldn’t arrange the financing the way
In this article, Why Apple Will Buy BlackBerry the author puts forward some convincing reasons why we might expect Apple to end up buying Blackberry. First, the $5 billion or so it would cost is chicken feed for Apple. They currently have more than $150 billion in cash. Second, buying BB would give them a
This has been a disastrous week for Blackberry supporters, loyalists, shareholders and employees. The most recent screw ups stink to high heaven – premature announcements of being up for sale, discouraging news of major losses and sweeping layoffs, a badly bungled launch of BBM, and now a disheartening offer to buy the company at well
This week Apple CEO Steve Jobs criticized his main competitors in the smartphone market place – RIM and Google (owners of the Android operating system). Legions of Apple lovers hang on every word from Jobs, and that includes many journalists and bloggers. So it is no wonder that this story got a lot of widely
