It's no secret that BlackBerry (NASDAQ:BBRY) has been having a rough couple of years. And if a recent report from market research firm IDC is any indication, the lumps may well keep coming for the ailing Canadian tech giant. By 2018, the report indicates, the company's share of the global smartphone market could fall as low as 0.3%.
Of course, BlackBerry insiders and investors alike are accustomed to this brand of dire forecasting. But here's something they might not have considered in a while: whether BlackBerry's best days might actually still be ahead of it.
During a recent presentation at a San Francisco technology conference, CEO John Chen outlined a bold new initiative that could get his dwindling business back on the growth track. Codenamed "Project Ion,, the plan is significant not only in that it represents BlackBerry's entrance into the much-hyped "Internet of Things" space, but also, and perhaps more importantly, because it could signal a strategic shift away from the consumer handset space altogether.
Watch the following video as Motley Fool tech analyst Lyons George dives into BlackBerry's ambitious new roadmap -- and considers what it means to investors on the hunt for a turnaround.
Leaked: Apple's next smart device (warning -- it may shock you)
Apple recently recruited a secret-development "dream team" to guarantee that its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are even claiming that its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts that 485 million of these devices will be sold per year. But one small company makes this gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and to see Apple's newest smart gizmo, just click here!
Lyons George has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.