Yes, and years later BlackBerry is still around, with a CEO that's almost finished reversing the damage the previous ones caused.
I get your point, but still. Also, you seem to be conflating stock price with company success, health, etc. You shouldn't. Post 90s, they're pretty divorced from one another.
> I think they're saying bye to relevance and innovation. They're worth half as much as Tesla, for example.
No, they're worth half as much as Tesla according to the stock market. There's a big difference.
They're not done yet. But they've slowed the bleeding tremendously, gotten out of unprofitable businesses, actually shipped the damn OS (instead of farting around with demos and research), and are working to ensure that QNX provides a solid revenue stream in the mean time.
BlackBerry under the previous CEOs was much like Sun: lots of cool ideas, lots of smart people, but no direction towards shipping products people wanted.
Now it's like Apple shortly after buying NeXT. Only with no advertising (their current biggest flaw).
You forgot to include your way to value a company. Also, it's market cap, not stock price.
Btw, I'm glad Blackberry has turned it around. I bought the stock around $10. I should see it pop anytime now? Or you've got some other made up way to value a company and I should ignore the stock market?
Yes, and years later BlackBerry is still around, with a CEO that's almost finished reversing the damage the previous ones caused.
I get your point, but still. Also, you seem to be conflating stock price with company success, health, etc. You shouldn't. Post 90s, they're pretty divorced from one another.
> I think they're saying bye to relevance and innovation. They're worth half as much as Tesla, for example.
No, they're worth half as much as Tesla according to the stock market. There's a big difference.