Rumor: BlackBerry Closing Hardware Business This Week – Gistdigest24 news

65
4730

Rumor: BlackBerry Closing Hardware Business This Week – Gistdigest24 news

Generally speaking, BlackBerry has really been struggling to profit from any one of its businesses in recent years but the company’s biggest issues definitely stem from its hardware division.

The hardware branch of the Ontario-based firm is still spending close to 65% of its research and development budget despite mostly failing to produce results for years.

In the second quarter of 2016, BlackBerry’s phone division only managed to sell half a million devices and the company as a whole is still hesitant about Android while the investors are begging for a change in strategy.

Well, that change actually came last year when BlackBerry shifted a significant portion of its focus to software and related services but the company’s leadership still isn’t willing to stop investing resources into its phone business which amounts to less than 1% of the global market.

At least, that’s what’s been happening so far.

Namely, if reports that surfaced earlier this week are to be believed, BlackBerry is readying a big announcement for its investors next week.

The company is posting its earnings release for the second quarter of the year next Wednesday and numerous sources claim that BlackBerry’s CEO John Chen will use that opportunity to announce the closure of the firm’s hardware division.

Chen was previously quoted as saying that he isn’t convinced any kind of device will be the future of BlackBerry and has reportedly said he’ll make the final decision about the hardware branch of the company in September.

Given how September is nearing its end and there’s a convenient earnings report scheduled for the 28th, it isn’t impossible that the said date actually ends up marking the end of BlackBerry’s hardware-related endeavors.

BlackBerry is also currently running a huge sale on all of its physical products which you can get at a 40% discount until September 27th. Not surprisingly, many claim that this is just further proof the company’s hardware business is coming to an end.

Less than six months ago, one of TD Securities’ analysts predicted that BlackBerry’s exit from the hardware market is imminent, stating that most signs suggest the company is preparing to announce a complete shift to software.

However, it’s worth noting that even if these rumors come true and BlackBerry shuts down its hardware division, it’s likely that the firm will still be involved in the mobile phone business as evidenced by the recently released BlackBerry DTEK50 which was made by Alcatel-owned TCL and is effectively a rebranded version of the Alcatel Idol 4.

That scenario would likely be a conciliatory solution for the company whose investors want to pull out of the smartphone market but whose management is still hesitant to do so.

The last BlackBerry-made smartphone was the BlackBerry Priv which hit the market in November of 2015.

65 COMMENTS

  1. I simply want to tell you that I am just all new to weblog and honestly savored this blog site. Very likely I’m likely to bookmark your site . You really come with remarkable articles and reviews. With thanks for revealing your blog site.

  2. What i do not realize is if truth be told how you’re now not really much more neatly-appreciated than you may be right now. You’re so intelligent. You know therefore considerably in the case of this topic, made me personally imagine it from a lot of various angles. Its like men and women don’t seem to be fascinated until it is something to accomplish with Lady gaga! Your personal stuffs excellent. All the time deal with it up!

  3. Its like you read my mind! You appear to know so much about this, like you wrote the book in it or something. I think that you could do with a few pics to drive the message home a little bit, but instead of that, this is great blog. A great read. I’ll certainly be back.

  4. Can I simply say that of a relief to discover one who actually knows what theyre dealing with on the web. You definitely discover how to bring a difficulty to light to make it critical. Workout . really need to check out this and understand why side of your story. I cant believe youre no more well-known when you definitely contain the gift.

  5. It’s perfect time to make some plans for the future and it is time to be happy. I have read this post and if I could I desire to suggest you some interesting things or advice. Perhaps you can write next articles referring to this article. I wish to read even more things about it!

  6. Hiya, I am really glad I have found this information. Nowadays bloggers publish just about gossips and web and this is really frustrating. A good site with interesting content, that’s what I need. Thanks for keeping this website, I will be visiting it. Do you do newsletters? Can’t find it.

  7. Thanks for the sensible critique. Me & my neighbor were just preparing to do a little research about this. We got a grab a book from our local library but I think I learned more clear from this post. I am very glad to see such magnificent info being shared freely out there.

  8. hello!,I like your writing so a lot! proportion we keep up a correspondence more approximately your post on AOL? I need an expert on this area to unravel my problem. Maybe that’s you! Having a look forward to peer you.

  9. I cannot really think how much with this I probably did not really have an understanding of. Thank you for writing this info. I am certain to go back on this site to find if you have any new content.

  10. You really make it appear so easy together with your presentation but I to find this matter to be actually one thing which I believe I’d never understand. It sort of feels too complex and very vast for me. I am having a look ahead to your next submit, I will try to get the hang of it!

  11. Excellent blog right here! Also your website lots up very fast! What host are you the use of? Can I am getting your affiliate hyperlink on your host? I desire my web site loaded up as quickly as yours lol

  12. Thanks for all of the effort on this web page. Kim really loves setting aside time for research and it’s really simple to grasp why. My partner and i learn all concerning the powerful manner you offer functional guidance on your website and as well strongly encourage contribution from some others on that area of interest and my child is now discovering so much. Have fun with the remaining portion of the new year. You’re conducting a dazzling job.

  13. I am extremely impressed with your writing skills and also with the layout on your weblog. Is this a paid theme or did you customize it yourself? Either way keep up the nice quality writing, it’s rare to see a great blog like this one today..

  14. Wonderful paintings! That is the type of information that are meant to be shared across the web. Shame on the seek engines for not positioning this publish upper! Come on over and discuss with my website . Thanks =)

  15. Hello, Neat post. There’s an issue along with your website in internet explorer, could check this¡K IE nonetheless is the marketplace chief and a huge part of other people will leave out your great writing because of this problem.

  16. Hi, Neat post. There’s an issue together with your web site in internet explorer, could test this… IE nonetheless is the marketplace leader and a large element of other folks will miss your great writing due to this problem.

  17. I precisely wanted to say thanks all over again. I do not know the things that I might have gone through without those ways contributed by you over this area of interest. It was a challenging circumstance in my position, but spending time with your professional technique you processed the issue made me to leap over happiness. Extremely grateful for this assistance as well as hope you know what an amazing job you’re carrying out instructing other individuals by way of your blog. Most probably you’ve never come across all of us.

  18. I don’t even know how I ended up here, but I thought this post was good. I don’t know who you are but certainly you’re going to a famous blogger if you are not already 😉 Cheers!

  19. I like the helpful info you provide in your articles. I will bookmark your weblog and check again here frequently. I’m quite certain I’ll learn many new stuff right here! Good luck for the next!

  20. I think this is one of the most important info for me. And i’m glad reading your article. But want to remark on some general things, The web site style is ideal, the articles is really excellent : D. Good job, cheers

  21. Whats Taking place i am new to this, I stumbled upon this I have found It absolutely useful and it has aided me out loads. I am hoping to give a contribution & aid other customers like its helped me. Good job.

  22. Great ¡V I should certainly pronounce, impressed with your site. I had no trouble navigating through all tabs and related info ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or something, web site theme . a tones way for your customer to communicate. Excellent task..

  23. Thanks for every other informative site. Where else may I am getting that type of information written in such an ideal means? I have a venture that I’m just now working on, and I’ve been on the look out for such information.

  24. It is the best time to make some plans for the future and it is time to be happy. I’ve read this post and if I could I desire to suggest you few interesting things or suggestions. Perhaps you could write next articles referring to this article. I wish to read more things about it!

  25. Thanks for sharing superb informations. Your site is very cool. I am impressed by the details that you have on this website. It reveals how nicely you understand this subject. Bookmarked this website page, will come back for more articles. You, my pal, ROCK! I found just the information I already searched all over the place and simply could not come across. What a perfect web-site.

  26. Thank you, I have just been searching for information about this subject for ages and yours is the best I have discovered till now. But, what in regards to the bottom line? Are you sure concerning the supply?

  27. I’m really impressed with your writing skills as well as with the layout on your blog. Is this a paid theme or did you customize it yourself? Anyway keep up the excellent quality writing, it’s rare to see a nice blog like this one today..

  28. Thank you for the sensible critique. Me & my neighbor were just preparing to do some research about this. We got a grab a book from our local library but I think I learned more clear from this post. I’m very glad to see such wonderful info being shared freely out there.

  29. Unquestionably believe that which you said. Your favorite reason seemed to be on the internet the simplest thing to be aware of. I say to you, I definitely get irked while people consider worries that they plainly do not know about. You managed to hit the nail upon the top and also defined out the whole thing without having side-effects , people could take a signal. Will likely be back to get more. Thanks

  30. I loved as much as you will receive carried out right here. The sketch is tasteful, your authored subject matter stylish. nonetheless, you command get got an shakiness over that you wish be delivering the following. unwell unquestionably come more formerly again as exactly the same nearly a lot often inside case you shield this increase.

  31. I am really impressed with your writing skills and also with the layout on your blog. Is this a paid theme or did you modify it yourself? Anyway keep up the excellent quality writing, it is rare to see a great blog like this one these days..

  32. Excellent goods from you, man. I have understand your stuff previous to and you’re just too wonderful. I actually like what you’ve acquired here, certainly like what you’re saying and the way in which you say it. You make it enjoyable and you still take care of to keep it wise. I can’t wait to read far more from you. This is actually a tremendous website.

  33. hi!,I love your writing very so much! share we be in contact more approximately your article on AOL? I require an expert in this house to resolve my problem. Maybe that’s you! Taking a look ahead to see you.

  34. I have recently started a blog, the info you provide on this web site has helped me greatly. Thanks for all of your time & work. “Men must be taught as if you taught them not, And things unknown proposed as things forgot.” by Alexander Pope.

  35. Thank you a lot for giving everyone a very marvellous chance to read in detail from this website. It is always very awesome and also packed with a good time for me and my office co-workers to search your website particularly thrice weekly to read the latest guides you have got. And lastly, I am always happy with your fantastic tips you serve. Some two points in this posting are in truth the most beneficial we have all had.

  36. hi!,I like your writing very much! percentage we communicate more about your article on AOL? I need an expert in this area to unravel my problem. May be that is you! Looking ahead to look you.

  37. What i do not realize is in reality how you’re no longer actually a lot more well-appreciated than you might be now. You’re very intelligent. You realize thus considerably in terms of this subject, made me for my part believe it from so many numerous angles. Its like men and women are not involved unless it is something to do with Girl gaga! Your personal stuffs nice. All the time take care of it up!

LEAVE A REPLY

Please enter your comment!
Please enter your name here