Fairfax Scooping Up Another $250 Million in BlackBerry
Jan 8, 2014, 3:38 PM by Eric M. Zeman
BlackBerry today indicated that Fairfax Financial Holdings will purchase another $250 million in debentures from BlackBerry, which should help improve its cash position. Fairfax already owns a 14% stake in BlackBerry and late last year bought $250 million in debt financing. Today's investment boosts its share of BlackBerry debentures to $500 million. BlackBerry took on the investment late last year after failing to sell itself to private investors. The company has struggled to sell smartphones in the face of fierce competition from rivals such as Apple and Samsung.
Feb 9, 2022
Samsung today announced its lineup of flagship phones for 2022: the Galaxy S22 series. The top-end S22 Ultra sees the biggest changes as it essentially absorbs Samsung's Note series with an integrated S Pen stylus and a more Note-like shape and design, instead of the Contour Cut design of the other models.
Jan 14, 2021
Samsung today officially unveiled its Galaxy S21 series of flagship phones for 2021. All three models sport a distinctive new "Contour Cut Camera" design where the metal frame extends around one corner to surround the rear cameras.
Apr 14, 2020
OnePlus has revealed its new lineup for 2020 — the OnePlus 8 and OnePlus 8 Pro — both of which have 5G. They also manage to pack larger batteries into slightly thinner bodies compared to their predecessors.
Sep 7, 2022
Apple has revealed the iPhone 14 series, with new features, improved specs, and new size options. In place of a Mini option, the iPhone 14 will come in the same 6.1-inch and 6.7-inch screen size options as the Pro models.
May 27, 2020
This summer, Samsung will launch Samsung Money by SoFi, a new financial product integrated with Samsung Pay. Like Apple Card, Samsung Money can be used as a payment method with the wallet app (Samsung Pay), the account is managed within the wallet app, and the product also includes a physical payment card.
Granted, BlackBerry has the indispensable portrait QWERTY design, but world is largely moving on. And yes, BlackBerry still has an edge over the competition when it comes to mobile device security, but this is not something that sells nearly as well in the consumer market as it does in the enterprise market. Sure, BlackBerry could still make a decent comeback in emerging markets, but I doubt they'll make a comeback in the US after the launch of their lead balloon otherwise known as BlackBerry 10. The iPhone has already taken the token proprietary UNIX-based mobile OS slot, which causes QNX UNIX-based BB10 to look a bit redundant.
I don't think this will end well, but that's just me, and I don't claim to be...