Research In Motion Ltd (BBRY): Who Will Buy BlackBerry?

The “who will buy BlackBerry” rumor resurfaces
Rounding out a day of excitement for BlackBerry was the re-emergence of an old rumor — that Research In Motion Ltd (NASDAQ:BBRY) will sell all, or part, of itself. This news was dredged up by an analyst with investment bank CanaccordGenuity, citing low Z10 sales and the limited number of available Q10s. Of course, there are just as many rumors detailing the successful Z10 rollout and problems keeping Q10 devices on the shelves because they’re selling so fast.

Picking up the pieces
Cutting production, should it come to pass, isn’t necessarily a deal-breaker for BlackBerry. As mentioned in a recent article, the immediate future for Research In Motion Ltd (NASDAQ:BBRY) is all about making the Q10 available to the masses, and following that up with stellar sales. Adding a mid-range smartphone to the Q10 and Z10 stable could really be a game-changer for BlackBerry. If these two things happen in short order, the day’s sell-off may prove to be an opportunity for growth-oriented value investors.

The article BlackBerry Production Cuts, a New Phone, and Old Rumors originally appeared on Fool.com.

Fool contributor Tim Brugger has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Apple.

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