1. crackbrry fan's Avatar
    Clearly BlackBerry needs to turn things around, and "a new owner might be able to help," said Stephen J. Lubben at The New York Times. But even if this deal falters, BlackBerry won't face bankruptcy anytime soon. Under Canadian law a company must be insolvent before filing, and the phone-maker's balance sheet shows $13 billion in assets and only $3.7 billion in liabilities. "That sure doesn't look like insolvency." BlackBerry's real challenge will be to scale back its operations to match its shrinking customer base. Last week's announcement that the company will slash 4,500 jobs ? about 40 percent of its workforce ? suggests it's on the right track. BlackBerry should be able to avoid bankruptcy

    Posted via CB10
    09-27-13 10:55 PM
  2. Blacklatino's Avatar
    Clearly BlackBerry needs to turn things around, and "a new owner might be able to help," said Stephen J. Lubben at The New York Times. But even if this deal falters, BlackBerry won't face bankruptcy anytime soon. Under Canadian law a company must be insolvent before filing, and the phone-maker's balance sheet shows $13 billion in assets and only $3.7 billion in liabilities. "That sure doesn't look like insolvency." BlackBerry's real challenge will be to scale back its operations to match its shrinking customer base. Last week's announcement that the company will slash 4,500 jobs ? about 40 percent of its workforce ? suggests it's on the right track. BlackBerry should be able to avoid bankruptcy

    Posted via CB10
    Sales are also down all over by at least 40%(posted - yesterday). So, it's not in the best shape right now, and the reports are not looking good. My concern is what happens next with a new owner.
    09-27-13 11:01 PM

Similar Threads

  1. BlackBerry Bridge - iOS/Android/Windows
    By Brutal Efficiency in forum General BlackBerry Discussion
    Replies: 38
    Last Post: 05-19-15, 03:37 PM
  2. WTS/WTT: Blackberry Z10 BLK & Blackberry Playbook
    By Balti43 in forum The Marketplace - Buy, Sell & Trade
    Replies: 10
    Last Post: 10-01-13, 04:45 PM
  3. Information posted a couple of Days ago true!
    By crackbrry fan in forum General BlackBerry Discussion
    Replies: 1
    Last Post: 09-27-13, 10:52 PM
  4. Sims on z10 for free
    By Acvdm in forum BlackBerry Z10
    Replies: 2
    Last Post: 09-27-13, 09:47 PM
LINK TO POST COPIED TO CLIPBOARD