MOBILE, Ala. - Title: BlackBerry’s Open Letter
Remember when BlackBerry was king of smartphones? That seems like eons ago right? The company is trying to reassure people that it's still a major player in the cellular game.
If you pick up a newspaper on Tuesday, which used to be as common an occurrence as buying a Blackberry, you will see an open letter from the company. It acknowledges that these are "challenging times." But it says users "can continue to count on BlackBerry."
The letter notes that BlackBerry is still flush with cash and carries no debt. However, it doesn't mention that the company is for sale, and could be broken up and sold in chunks. Fox10News reported in September, when the company announced Fairfax Financial Holdings signed a letter of intent that "contemplates" buying BlackBerry for roughly $4.7 billion. Fairfax is BlackBerry's largest shareholder. At last check, it was still trying to attract other investors.
BlackBerry has suffered in its battle to maintain market share as other smart phones like Apple's iPhone have jumped into the market to capture both business and consumer users. On that note, the company also said its popular BBM messaging service will now be available on iPhone and Android phones. Reportedly, almost six million customers have signed up to be notified when the service is rolled out.
For those who don't read newspapers anymore --the BlackBerry letter was also released on Twitter.
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