Wasn't that Blackberry's line?
https://www.google.com/finance?q=NASDAQ%3ABBRY&ei=h3SiVanIKY...
Could have been Sun Microsytem's too.
I think they're saying bye to relevance and innovation. They're worth half as much as Tesla, for example.
Yes, and years later BlackBerry is still around, with a CEO that's almost finished reversing the damage the previous ones caused.
I get your point, but still. Also, you seem to be conflating stock price with company success, health, etc. You shouldn't. Post 90s, they're pretty divorced from one another.
> I think they're saying bye to relevance and innovation. They're worth half as much as Tesla, for example.
No, they're worth half as much as Tesla according to the stock market. There's a big difference.
BlackBerry under the previous CEOs was much like Sun: lots of cool ideas, lots of smart people, but no direction towards shipping products people wanted.
Now it's like Apple shortly after buying NeXT. Only with no advertising (their current biggest flaw).
Btw, I'm glad Blackberry has turned it around. I bought the stock around $10. I should see it pop anytime now? Or you've got some other made up way to value a company and I should ignore the stock market?
Sun was actually in talks to buy Apple in ~1996 :)
This is asinine. Motorola has licensed deals with almost every American and Canadian police/government force. They basically own digital RF encryption. They have a foothold in this industry and it's not close, and they can't be pushed out. If I was an employee in their radio division I could really care less if they are involved in phones are not.
It's still a billion dollar company, what are we even saying 'bye' to?