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BlackBerry CEO finally admits the company is "open to partnerships"

Posted: , by Michael H.

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BlackBerry CEO finally admits the company is
There have been constant rumors that BlackBerry's ultimate goal in its current strategy is to rebound just enough to be able to sell the company. BlackBerry CEO Thorsten Heins still won't admit that is true, but he did finally say at BlackBerry's annual shareholders meeting today that he is "open to partnerships".

BlackBerry did not have a good showing in its most recent quarter, but Heins tried to make the best of it, saying:
We obviously did not deliver what many analysts and investors expected in the short term. We’re driving night and day to deliver improvements.

Heins also deflected questions about selling the company, saying that he didn't want to "distract management from what [he expects] them to do." But, that doesn't mean that Heins is completely closed off to the idea of outside help. He admitted that BlackBerry is "100% open to partnerships and alliances", but he didn't detail what those partnerships might be. 

Heins continued to urge shareholders to be patient as his plans unfold, but it is unclear how much patience shareholders will have as the company continues to lose money. 

source: WSJ

30 Comments
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posted on 09 Jul 2013, 15:15 8

1. ZeroCide (Posts: 679; Member since: 09 Jan 2013)


Not sure there is much RIM can do to bring BB back.

posted on 09 Jul 2013, 16:27 4

9. juandante (Posts: 214; Member since: 23 Apr 2013)


No it's just there is way to much actors on the market for all of them to live :

RIM
NOKIA
SAMSUNG
LG
HTC
SONY
MOTOROLLA
APPLE
CHINESE
ALCATEL
HP, DELL, ASUS, ACER (previously)

So when you go in a shop, you have at least 9 brand of phone to buy an each brand have more than 10 mobiles (except Apple). They should move to tablet PC or any other thing witch is not saturated.
Sad that it's BB and not chinese/corean sh*t like HTC or LG as they are many, but this must happen.

posted on 09 Jul 2013, 17:40 3

17. sniper1087 (Posts: 311; Member since: 31 Dec 2011)


Sorry to correct you but it bothers me Korean* as well as Motorola*, there

posted on 09 Jul 2013, 15:16 6

2. Johnnokia (Posts: 394; Member since: 27 May 2012)


No one would joing a sinking ship.
So sad for BB. They were giant.

posted on 09 Jul 2013, 15:35 6

4. roldefol (Posts: 2855; Member since: 28 Jan 2011)


Like the Titanic. Sunk by lack of foresight.

posted on 09 Jul 2013, 15:28 8

3. rusticguy (Posts: 2811; Member since: 11 Aug 2012)


Android Tsunami impact.
Who is next?

posted on 09 Jul 2013, 16:31 7

10. AnTuTu (Posts: 599; Member since: 14 Oct 2012)


iOS :p

posted on 09 Jul 2013, 16:52 4

12. moroninc (Posts: 162; Member since: 14 Jul 2012)


haha good one

posted on 09 Jul 2013, 15:38 3

5. WHoyton1 (Posts: 1618; Member since: 21 Feb 2013)


Poor poor BB employees......I feel sorry for the many employed at BB however do not feel sorry for the fat cats at the top.....they should have seen there demise coming and dealt with I! Shame on them!

posted on 09 Jul 2013, 15:45 1

7. roldefol (Posts: 2855; Member since: 28 Jan 2011)


The absolute hubris of the RIM CEOs was just astounding. First they dismissed Apple as a weak player. Then they ignored the touchscreen trend. By the time they acknowledged Android's dominance, it was too late.

So yeah, I feel sorry for the employees and for Canada, but I don't feel sorry for the company or its shareholders.

posted on 09 Jul 2013, 15:42

6. Dr.Phil (Posts: 821; Member since: 14 Feb 2011)


If I was in charge of RIM I might look into collaborating with the Tizen project. I think it would be awesome to see some hints of Blackberry in the Tizen OS, especially some of the gesture based controls. Plus, they would have two huge partners, Samsung and Intel, to make sure that they had a good chance at selling devices and gaining market share (not to mention good prices on hardware components, which means they could offer top of the line hardware at more competitive prices).

posted on 10 Jul 2013, 03:34

25. itsdeepak4u2000 (Posts: 2111; Member since: 03 Nov 2012)


Nice idea.

posted on 09 Jul 2013, 16:17 2

8. RiseAgainst94 (Posts: 271; Member since: 03 Mar 2012)


Nokia. Let's do this.

posted on 13 Jul 2013, 12:10

29. Jillxz (Posts: 133; Member since: 04 Jun 2012)


Nokia's not much better. It will be gone soon.

posted on 09 Jul 2013, 16:50

11. -box- (Posts: 3570; Member since: 04 Jan 2012)


Some of that gesture goodness would be right at home in Windows Phone. Hope BB doesn't go the way of Palm

posted on 09 Jul 2013, 17:13 1

13. Bluesky02 (Posts: 1439; Member since: 05 Dec 2011)


Microsoft should buy it then leave Nokia alone. So that Nokia could revive Meego aka Jolla OS and kick everyone's ass

posted on 09 Jul 2013, 17:14

14. FlushGordon (unregistered)


Too late, too late

But nobody will miss them I guess

posted on 09 Jul 2013, 17:18

15. XPERIA-KNIGHT (Posts: 2384; Member since: 08 Aug 2012)


Keep on keeping in blackberry :)

posted on 09 Jul 2013, 17:19

16. XPERIA-KNIGHT (Posts: 2384; Member since: 08 Aug 2012)


....on**

posted on 09 Jul 2013, 18:00

18. shamataa (Posts: 202; Member since: 07 Dec 2011)


my god man its too late. You are in too deep to get out. Nobody will join you becuase you are not smart enough to do this 1 year ago.

posted on 09 Jul 2013, 19:08

20. FlushGordon (unregistered)


spot on

posted on 09 Jul 2013, 18:11

19. mottykels (Posts: 362; Member since: 15 May 2013)


Throw teh bb os and do a bb android lol

posted on 09 Jul 2013, 19:13

21. sriuslywtf (Posts: 77; Member since: 09 Jul 2013)


So sad to see the utter fall of a smart phone giant...

Maybe diversity is the answer for them..

posted on 09 Jul 2013, 21:12

22. ilia1986 (unregistered)


If they made top-spec Android phones with a slide-out physical BB keyboard a-la BB Torch but only much larger - I think they would be 2nd place after Samsung now.

posted on 13 Jul 2013, 12:11

30. Jillxz (Posts: 133; Member since: 04 Jun 2012)


No body wants a slide out physical keyboard today. Get real.

posted on 09 Jul 2013, 22:43

23. neutralguy (Posts: 1152; Member since: 30 Apr 2012)


Too much people here talking about android. For the love of God, android is not the answer to everything. You may have top of the line handsets paired with android but it doesn't guarantee anything. Look at htc. It's been in android for anyone can remember. Samsung may be a big giant now but it is constantly losing shares and money. It's all up to how you manage the company and how you market your products.

posted on 09 Jul 2013, 23:26

24. ChafedBanana (Posts: 352; Member since: 20 Sep 2011)


BlackBerry's Z10 is a nice phone. I own one along with a Galaxy S4. The problem with Blackberries is they lack so many popular apps that are available on Android and iOS. Pandora?

posted on 10 Jul 2013, 03:35

26. itsdeepak4u2000 (Posts: 2111; Member since: 03 Nov 2012)


Nokia buy BB or Sammy will take it.

posted on 10 Jul 2013, 03:49

27. RomeoJDR (Posts: 237; Member since: 09 Dec 2011)


huge consumer base established what was the point of investing more into research and development when we can boost our gross profit margin. After feeling some heat from Apple and watching Android take seemingly rushed out the fatally flawed Torch followed by a tablet released without their famed messenger supported. Now they are looking for a lifeline. How does a company that knows their future is truly at stake experience delay after delay after delay releasing current generation hardware and software, then delivers a phone that only meets midrange standards? Must be nice to be CEOs for BB becoming millionaires by driving a company off the curb

posted on 10 Jul 2013, 09:46

28. CardiWPfan (Posts: 129; Member since: 12 Sep 2012)


I think the best partnership or viable alliance for BLACKBERRY is Microsoft and Nokia. Microsoft and Nokia did approach Blackberry in 2011 to create a Trifecta alliance. Blackberry backed out and is now suffering. I really think Blackberry needs to reconsider Microsoft's offer from 2011 and roll with it. Get it together Blackberry of I see you being broken up into pieces. Canadian regulations forbids any foreign entity to completely take over a Canadian company 100%.

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