I support BBRY and I buy shares !
Originally Posted by
_dimi_ Why on earth would they EOL a product as promising as BBM Meetings?
The same reason you and I don't buy every stock we think is promising. We all have finite resources, whether it's $3 or $3B. So we invest in the things we feel have the best chance of success.
This is the most important job a CEO does. Chen has his prioritized list, presumably, of where he wants to allocate assets. This particular product didn't make the list (because of cost of service, cost of customer acquisition, and project value)
It doesn't necessarily mean the project doesn't have potential value, it just means there are products ahead of it with better expected returns.