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Sinking Blackberry Attempts to Sell: Too Late?

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Tech Biz

Sinking Blackberry Attempts to Sell: Too Late?

With few people buying Blackberry handsets, will anyone buy the company behind them?

After years of struggling to reclaim its place in the ultra-competitive smartphone market, Blackberry announced yesterday that it would consider a sale. The beleaguered handset maker has formed a special committee that will explore value-generating alternatives, such as a joint-venture, a partnership, or a break up – but Blackberry may have already crossed the point of no return.

“Unable to match Apple's iPhone for cool or the sheer range of devices from Samsung and others using Google's Android mobile system, [Blackberry’s] market share has collapsed from close to 50 percent in the US in 2009 to less than 3 percent, according to figures released last week by the analyst IDC,” stated The Guardian.

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