The recent confirmation that it's on the prowl for a possible buyer only helped to reiterate what observers of the global smartphone market have known for some time -- Canadian smartphone maker BlackBerry (NYSE:BB) is in some seriously hot water. The company has seen its global share of the smartphone market slowly shrivel over the several quarters, and was recently passed by Microsoft as the No. 3 player in the smartphone market. Clearly, business ain't exactly booming.
However, one analyst recently made a set of very bold predictions that, if true, would mean things have gone from bad to worse at BlackBerry. In this video, tech and telecom analyst Andrew Tonner breaks down the rumors and what they could mean for BlackBerry and its buyout bonanza.
Fool contributor Andrew Tonner has no position in any stocks mentioned. The Motley Fool owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. 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.
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