Tuesday, August 20, 2013

Is this the start of the BlackBerry Death Spiral?

Buyout could make BlackBerry viable in federal market

Once the reigning smartphone of choice for federal employees and corporate business leaders, a now struggling BlackBerry said it's looking into other options after its new smartphone models failed to spark renewed confidence from even its most loyal customers.

The company announced that it's hiring a special committee to consider possibilities for BlackBerry's future, which couldinclude a complete sale of the company or partnerships with private investors.

The possibilities for federal agencies like the Defense Department, which recentlygave the go- ahead to the new BlackBerry Q10 and Z10 models, are unclear.

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