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Posts: 1,038 | Thanked: 3,980 times | Joined on Nov 2010 @ USA
#1
Buried within this quarterly report from BlackBerry, is this bullet point under "Q2 Highlights":

Entered into a licensing agreement with telecom joint venture in Indonesia, BB Merah Putih, to manufacture, distribute and promote BlackBerry-branded devices running BlackBerry's secure Android software and applications
And in the Q2 Results, the CEO says:

The company plans to end all internal hardware development and will outsource that function to partners. This allows us to reduce capital requirements and enhance return on invested capital,
So, like Nokia they'll just be -- um -- writing quarterly reports instead of making phones. They've sure fallen a long way since the days they called BlackBerries "CrackBerries" because of their addictive nature, and we used such terms as "BlackBerry Prayer" for the posture users took in meetings when they were looking down at their screens just below the conference table instead of doing whatever business people are supposed to be pretending to do in meetings.
 

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