Last week the market was excited by Blackberry again as CEO John Chen set out a new vision for a company focused on enterprise software and tie-ups with some of China’s biggest smartphone manufacturers. But today...
Last week the market was excited by Blackberry again as CEO John Chen set out a new vision for a company focused on enterprise software and tie-ups with some of China’s biggest smartphone manufacturers. Today Blackberry stock fell after an analyst from JP Morgan downgraded the stock on the basis that the firm is being valued on assumption of holding on to existing subscribers and adding more, all paying more. JP Morgan’s James Faucette, describing the firm as a “still very damaged brand” believes that those assumptions may be unattainable.
