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BlackBerry Officially Open To Sale
Nerval's Lobster writes "BlackBerry is considering whether to sell itself off to the highest bidder. The company's Board of Directors has announced the founding of a Special Committee to explore so-called 'strategic alternatives to enhance value and increase scale,' which apparently includes 'possible joint ventures, strategic partnerships or alliances, a sale of the Company or other possible transactions.' BlackBerry CEO Thorsten Heins added that, while the committee did its work, the company would continue to its recent overhead-reduction strategy. Prem Watsa, chairman and CEO of Fairfax Financial—BlackBerry's largest shareholder—announced that he would resign from the company's board in order to avoid a potential conflict of interest. News that BlackBerry is considering a potential sale should surprise nobody. Faced with fierce competition from Google and Apple, the company's market-share has tumbled over the past several quarters. In a desperate bid to regain its former prominence in the mobile-device industry, BlackBerry developed and released BlackBerry 10, a next-generation operating system meant to compete toe-to-toe against Google Android and Apple iOS—despite a massive ad campaign, however, early sales of BlackBerry 10 devices have proven somewhat underwhelming."
Proverbs 16:18: Pride goeth before destruction, and an haughty spirit before a fall. This was BlackBerry's issue - they thought they were the king, and that they didn't need to listen to the market. "You don't need a camera. That's crazy talk", "Nobody will accept a touch keyboard", "No other devices will gain corporate acceptance", "Employers will always make the choice for employees" etc etc. It's been one long "we know what you want better than you do" at BlackBerry.
Just because I can hook a shark from a boat, I do no offer to wrestle it in the water.
For all of it's faults, BlackBerry does all of that very well.
Is it enough? Only time will tell, but I wouldn't write them off yet.
So the company that essentially made everyone want a smartphone (recall the crackberry) explores ways to die.
Something is wrong at the top of a company when they create a market then hand it to a rival without even a challenge.
It's a more common problem than one might imagine: Massive success is certainly profitable; but it makes you conservative and risk-averse (you don't want some fancy skunkworks project, even your own, to cannibalize your cash cow, and your whiny customers want compatibility). It can also constrain your horizons: RIM effectively crushed all comers to the 'mobile email' market (WinMo's numbers were never pretty, even with MS pushing it, and Palm never really recovered after it became clear that PDAs would be network-connected, rather than intermittently docked, in the future); but barely even attempted, much less recognized as the looming future, cellphones-as-mostly-general-purpose-computers until 'email' had already become something that the competitor's markedly superior (as computers) phones could handle adequately by virtue of being a computer with an internet connection.
Feel free to disagree, but I think what killed BB in the end was losing their reputation for reliability. They may not have been the newest shiny object, but dammit, when you made a call, it went through, no matter how you held the phone. Being tightly integrated with the company intranet was a huge plus, something that android and ios still don't have completely. I miss being able to tap on a meeting organizer name in calendar to message him I'll be a little late.
I suspect that national outage awhile back started people thinking about single points of failure. I know that when BES went down for a week (not Blackberry's fault -- we outsourced our BB admins and that did not go well) most of us BB users had Android or IOS phones on order by the time it came back up. Blackberry ("Crackberry") got us hooked on instant gratification -- immediate access to office communication -- and when it went away, we were not prepared to take that cold turkey.
Oliver's law of assumed responsibility: If you're seen fixing it, you will be blamed for breaking it.