Friday, June 28, 2013

Investopedia: BlackBerry Still Doesn't Get It

There's maybe no better example of the disconnect between the real world and the stock market than the near-tripling of BlackBerry's (Nasdaq:BBRY) stock price from the September lows of 2012 to the February highs of this year. This is a company that still doesn't appear to know how to handle investor relations, nor actually listen to what customers want and design their devices accordingly. The company's sizable cash balance gives management many additional bites at the cherry, but it's hard for me to see a reason to believe they'll execute on the turnaround opportunities in front of them.

Please read more here:
http://www.investopedia.com/stock-analysis/062813/blackberry-still-doesnt-get-it-bbry-aapl-nok-lnvgy.aspx

No comments: