Originally Posted by
cjmartin Anyway, the point of my post is this. The optimist in me says . . . a deal must be in the works, they forced x-BBM, z30 and this earnings warning all within a 3 day window. Why would they do this, unless there was a deal in the works?
Playing the devils advocate (as we all have to do, if we are realistic), maybe BlackBerry received no reasonable offers and decided the only way to move forward as a company was to bite the bullet this quarter, and slim down the company to move toward profitability. This is a very reasonable approach . . . when you are out of options, cut the fat, focus the business and try to move forward.
Then I began to think about this more, and the devils advocate approach doesn't seem to make any sense to me. If the purpose is to not sell or make a deal . . . then why the urgency? Why not wait until the ER to unleash all this bad news? This makes me think that there is a VERY serious deal on the table. Though an acquisition deal, definitely not a joint venture or partnership. I feel there must be an acquisition on the table, but the acquiring company did not want the write down or the employees on their books, before signing the deal.