How the iPhone and Bad Decisions Killed BlackBerry : The New Yorker

Excerpt from a stark BlackBerry snapshot

"Six years later, BlackBerry’s stock is worth just over ten dollars a share, and on Monday it announced that it has formed a “special committee” to explore ways to sell the company or form a joint venture with another business, among other options. This was a striking declaration: although BlackBerry has been in trouble for some time—it underwent a public “strategy review” of its business plan a year ago—its decision to put up a giant, blinking for-sale sign suggests it has become especially desperate. If BlackBerry sells itself, the buyer’s biggest gains will be a pile of cash, a big portfolio of patents, and some security technology. In other words, one of the companies that pioneered the smartphone market may soon end up selling itself as scrap."

How the iPhone and Bad Decisions Killed BlackBerry : The New Yorker