Friday, 1 March 2013

confession: i broke

You are reading what i plan to be the first of two blogs today, this one is a slight confession from me in that i snapped and bought blackberry.

I'm afraid i just see this company as to undervalued to not be bought (even with an idiot CEO). Blackberry sales are growing at a phenomenal rate and it appears they are actually making headway to break back into the market. If this continues or not only time will tell but i seriously believe this company has a chance to be great again. 

Blackberry have not fallen so far behind in the tec market that they can not keep up any more as they have proved with the Z10, sales are rapidly increasing even though they were already above Nokia  yet Nokia's market capitalization is higher then Blackberry, this is one of the key reasons for my retaking of a position  how can a company with higher sales and a brighter future be worth less then a worse company?  Why do i believe that Blackberry have a brighter future? well it's simple they not only make there own hardware but they also make there own software meaning they retain all profits made rather then Nokia having to pay Microsoft for using  windows 8.

All this said though i believe that Blackberry still needs rejuvenating  such as replacing the CEO with someone who will be able to reshuffle the company and lead them to the heights i see can come.

2 comments:

  1. I like reading your current well written blog.I have you bookmarked your website to be able to check out the new material in the future.

    Blackberry (BBRY) Stock Price Today

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    1. Thank you, that means a considerable amount!!! Unfortunately I have been running this blog for a number of years now and looking back at some of the grammar and spelling mistakes from then is rather painful now!!! It's nice to know somebody reads my blog as it can be disheartening getting nowhere with it as each post takes a while.

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