Why BlackBerry Isn't Going to Make It

By John Reeves and David Meier – Aug 30, 2013 at 6:50PM

NYSE: BB

BlackBerry

Market Cap

$2B

Today's Change

(1.80%) $0.05

Current Price

$2.83

Price as of April 26, 2024, 4:00 p.m. ET

Why BlackBerry's list of problems may be just a bit too long.

In this video, Motley Fool analysts John Reeves and Dave Meier take a look at the smartphone market today, and BlackBerry's (BB 1.80%) chances of survival. Dave highlights the explosive rate of growth in the smartphone market and, by comparison, BlackBerry's sales are down 40% from a year ago. He also notes that BlackBerry's Q10 had some excitement behind it for the company, but some vendors have said there is "virtually no demand" for the product. Dave tells investors that, with BlackBerry's weak ecosystem, and such strong offerings coming from Apple (AAPL -0.35%) and Google (GOOGL 10.22%), he just doesn't see how BlackBerry can stick around.

David Meier owns shares of Apple. John Reeves owns shares of Apple and Google. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple and Google. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.