Tarun Pathak/CMR India
21 Jan 2014
To sum things up, I think the declining smartphone market share is due to the inability of the company to catch up with the ever changing smartphone ecosystem and slow pace of innovation within company which is distracted by exploring too many strategic alternatives. The vendor should go back to basics, exploring its key strengths and come back strongly.
Fairfax Financial's recent $1 billion investment in BlackBerry and subsequent decision to buy another $250 million worth of BlackBerry debt have certainly boosted the vendor's financials. I hope it will put the proceeds in the right direction, and not invest more in the areas which will end up confusing the company and its followers.
Tarun Pathak is an analyst at CyberMedia Research India.