famo u give me 4.7 billion u can fuck my wife
good deal or bad?
I was thinking they were worth moreReally don't know.
BB has a very low market share in North America.
Worldwide, they are still strong to a point, but are they worth $4.7 Billion
Nigga youll let em have they way with you for that scratch.famo u give me 4.7 billion u can fuck my wife
the only thing android and iphone users care about is when are those bbm apps coming.
Well, that didn't take long. BlackBerry on Monday announced plans to become a private company in a deal that is worth just $4.7 billion.
Hedge fund Fairfax Financial, BlackBerry's largest shareholder, hopes to buy the company outright for $9 per share, BlackBerry announced Monday afternoon. That's an extremely low premium -- prior to the announcement, BlackBerry was trading at $8.24 per share. As recently as Friday, BlackBerry shares were trading at more than $10.
Shares of BlackBerry (BBRY) traded just above $9 after the announcement.
The deal comes just three days after BlackBerry announced brutal preliminary quarterly financials. On Friday, BlackBerry said it will lay off 4,500 staffers by the end of the year, and the company will log a $1 billion loss for last quarter. BlackBerry also said Friday that it plans to offer just four smartphones going forward instead of six.
Fairfax already owns about a 10% stake in the long-struggling smartphone maker. Fairfax CEO Prem Watsa said the deal "will open an exciting new private chapter for BlackBerry, its customers, carriers and employees," and that it will "deliver immediate value to shareholders."
BlackBerry's chairwoman, Barbara Stymiest, said the company would also consider other deals if they are "superior" to Fairfax's offer. BlackBerry has until Nov. 4 to find a better offer before proposing Fairfax's plan to shareholders.
Who knows at this point. Like i said in that app thread, i think the false start was purposely done to gauge public interest and value of their last true asset. I dont think its a coincidence they are purchased the day after they create such a net buzz.the only thing android and iphone users care about is when are those bbm apps coming.
Who knows at this point. Like i said in that app thread, i think the false start was purposely done to gauge public interest and value of their last true asset. I dont think its a coincidence they are purchased the day after they create such a net buzz.
famo u give me 4.7 billion u can fuck my wife
Nigga youll let em have they way with you for that scratch.
last true asset???Who knows at this point. Like i said in that app thread, i think the false start was purposely done to gauge public interest and value of their last true asset. I dont think its a coincidence they are purchased the day after they create such a net buzz.
Ok. So last consumer market asset.last true asset???
dude you have no clue - RIM real money has always been in enterprise hardware and software... everything you're seeing from them now has been about them exiting the consumer market only.
A crash. And change in regulation.On a side note - whats up with these large INC running to privatize - RIM was talking about this since last year - Dell and others have started their own strategies to go private- what do they see coming?
On a side note - whats up with these large INC running to privatize - RIM was talking about this since last year - Dell and others have started their own strategies to go private- what do they see coming?
A crash. And change in regulation.
this. and it is going to happen sooner than later. especially if congress doesn't get their act together.
BlackBerry has always struck me as a company that got lucky; in the right place at the right time. This led them to be the fastest growing company in the world a few years ago, but a lack of strategic direction appears to have been their undoing.
I'm sure they'll retain a decent-sized business by catering for governments and regulated industries that need their industry-leading security (I doubt the NSA hacked BES, the media tends to confuse this with BIS) but it looks like their involvement in the consumer space is drawing to a close.
last true asset???
dude you have no clue - RIM real money has always been in enterprise hardware and software... everything you're seeing from them now has been about them exiting the consumer market only.
On a side note - whats up with these large INC running to privatize - RIM was talking about this since last year - Dell and others have started their own strategies to go private- what do they see coming?
Ok. So last consumer market asset.
A crash. And change in regulation.
Dell does not want to go private. Michael dell (who gave up being ceo) wants to go private to restructure his falling company. The only way for him to do that is by taking re ownership of the company. His biggest obstacle is carl icahn, who continues to undercut him with every offer he makes. Michael dell sees that as the pc market continues to decline and the mobile market increases it would be foolish to pursue Dells current course. This is also about his legacy. As for BB (formally RIM) the same my be said for them as with dell. They both need to restructure, which means heavy loses that the market would not accept from a publicly traded company.this. and it is going to happen sooner than later. especially if congress doesn't get their act together.
Dell does not want to go private. Michael dell (who gave up being ceo) wants to go private to restructure his falling company. The only way for him to do that is by taking re ownership of the company. His biggest obstacle is carl icahn, who continues to undercut him with every offer he makes. Michael dell sees that as the pc market continues to decline and the mobile market increases it would be foolish to pursue Dells current course. This is also about his legacy. As for BB (formally RIM) the same my be said for them as with dell. They both need to restructure, which means heavy loses that the market would not accept from a publicly traded company.
She ain't even worth $4.70
She ain't even worth $4.70
I dont think their downfall is linked as much to form factor as it was to its refusal on improving software and browsing experience. They were stubborn to adjust the platform. Physical keyboard still has a market imo.they were pig-headed about their physical keyboard when the rest of the competition went all-out on touchscreen.
Thanks for further clarity, my point was that the regulations- both current and future- are far more strict for a public company vs private. Im also certain they are concerned with market and value crash as well during their restructure.Dell does not want to go private. Michael dell (who gave up being ceo) wants to go private to restructure his falling company. The only way for him to do that is by taking re ownership of the company. His biggest obstacle is carl icahn, who continues to undercut him with every offer he makes. Michael dell sees that as the pc market continues to decline and the mobile market increases it would be foolish to pursue Dells current course. This is also about his legacy. As for BB (formally RIM) the same my be said for them as with dell. They both need to restructure, which means heavy loses that the market would not accept from a publicly traded company.
BlackBerry has always struck me as a company that got lucky; in the right place at the right time. This led them to be the fastest growing company in the world a few years ago, but a lack of strategic direction appears to have been their undoing.
I'm sure they'll retain a decent-sized business by catering for governments and regulated industries that need their industry-leading security (I doubt the NSA hacked BES, the media tends to confuse this with BIS) but it looks like their involvement in the consumer space is drawing to a close.
BlackBerry has always struck me as a company that got lucky; in the right place at the right time. This led them to be the fastest growing company in the world a few years ago, but a lack of strategic direction appears to have been their undoing.
I'm sure they'll retain a decent-sized business by catering for governments and regulated industries that need their industry-leading security (I doubt the NSA hacked BES, the media tends to confuse this with BIS) but it looks like their involvement in the consumer space is drawing to a close.
they were pig-headed about their physical keyboard when the rest of the competition went all-out on touchscreen.
by the time they got onboard, it was too late. then they release their newest phone & they're STILL pushing the physical keyboard.
bb had this game on lock. their rise & fall should be a teaching guide for good vs bad management.
they were pig-headed about their physical keyboard when the rest of the competition went all-out on touchscreen.
by the time they got onboard, it was too late. then they release their newest phone & they're STILL pushing the physical keyboard.
bb had this game on lock. their rise & fall should be a teaching guide for good vs bad management.