BlackBerry, once the biggest name in mobile and worth more than $200 billion at its peak period in 2007, may soon be sold for less than $5 billion, according to a statement issued by the former smartphone giant.
BlackBerry is in serious trouble. The once leading smartphone manufacturer has warned investors today that it anticipates $930 million to $960 million in losses related to unsold devices, and has decided to cut more than a third of its workforce as it shifts its business focus.
BlackBerry originally said that it would launch its BlackBerry Messenger client for Android and iOS in the summer, and the Canadian device and services company is cutting it close. BBM for Android launches on the last official day of summer.
The BlackBerry Z30 has appeared in several leaked photos and rumor reports as the BlackBerry A30, so the company formerly known as RIM has chosen today as the day to officially announce its first BB 10 device with a 5-inch display.
Sprint will deliver its first BlackBerry 10 handset later this week when the carrier begins offering the BlackBerry Q10 for $199.99 on a two-year agreement. The phone will be available online and in stores beginning Friday, August 30. The Q10 has already been made available at the other three major carriers in the U.S., but Sprint will make it four at the end of the week for customers craving a device with a physical keyboard. Be sure to read our BlackBerry Q10 review to learn more about the device.
Days after rumors first emerged that BlackBerry may consider taking the company private or even consider a sale, the Canadian mobile device and services company issued a statement that its board members are considering those options and more as they try to fix BlackBerry's fading market position.
The company formerly known as RIM is contemplating going backwards to go from a publicly traded company to a private one that doesn't need to constantly get battered for its lackluster performance. Will that save BlackBerry as an OS and company?
Leaked images of the BlackBerry A10, the next major smartphone release from BlackBerry that is expected to arrive later this year, have appeared online. Based on recent events, It may be one of the most important releases of the year.
Signs of a BlackBerry recovery in North America have been hard to find, and the company may try to right the ship with another round of layoffs. It's already started by firing one executive, and reports suggest more workers could soon join him in unemployment.
AT&T has once again delivered the BlackBerry 10 update to BlackBerry Z10 owners. The update was posted in error weeks ago, but the U.S. carrier says it is now enabling phones to upgrade to the latest version of BB10.