Not everyone is convinced BlackBerry’s position is completely untenable, but even among the handset maker’s most ardent supporters, the real faint hope once again resides with Prem Watsa, and the hope that he can fashion a coalition of the unwilling. Having resigned from BlackBerry’s board, it’s thought he may make a play for the company; but, given the foregoing, and the fact the smartphone boom is consolidating, perhaps even stalling, that chance is at best slim, and what investors will end up with is a raspberry.
The article BlackBerry’s Bleak Future originally appeared on Fool.com and is written by Rich Duprey.
Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple, Google, and Microsoft.
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