Linked by Thom Holwerda on Fri 6th Dec 2013 00:23 UTC
PDAs, Cellphones, Wireless

RIM grew into one of the world's most valuable tech companies. The BlackBerry became the indispensable accessory of business executives, heads of state, and Hollywood celebrities - until iPhone and Android came along and spoiled the party. Today the company, which has been renamed, simply, BlackBerry, is burning through cash as sales keep falling. On Nov. 21, BlackBerry shares closed at just above $6, the lowest it's been in almost 15 years.

Over the last two months, Bloomberg Businessweek spoke to dozens of current and former BlackBerry employees, vendors, and associates. Here is their account of the thrill of BlackBerry's ascension - and the heartache of watching its demise.

Aside from of course the personal tragedies that may arise from a possible complete BlackBerry collapse, I have little to no connection to the company or its products.

Except for one product.

I hope they release it as open source before it's too late.

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Member since:

Don't you think that's a problem with the company's management, though? A company can become big, yet still quick and nimble to adapt to any situation. And if there are too many people with too many positions, that sounds to me like someone hired too many employees. Time to chop off some heads, I say!

Reply Parent Score: 5

Bill Shooter of Bul Member since:

I don't know how many large companies are able to Keep themselves as nimble as small companies. Google did it for a while, but its reportedly cracked down on the 30% time.

Reply Parent Score: 3