Tag: Gartner

  • BlackBerry Ltd (NASDAQ:BBRY) at its dismissal stage: Gartner Analysis

    As the customers have different tastes and specifications to purchase a product, BlackBerry Ltd (NASDAQ:BBRY) has discharged this powerful endorsement that customers should take a look towards other mobile technologies.

    According to beleaguered companies of smartphones, using BlackBerry products did not need to switch. The inferences drawn about the feasibility of Blackberry’s business plans are were truly hypothetical.

    “Blackberry is suffering from high financial costs and organized terminations” Gartner the Analyst firm based its suggestion on the above statement.

    On the other hand Blackberry argued that terminations were the part of their business plans to keep an eye and to pay attention towards the whole activities of business.

    In the recent interviews BlackBerry Ltd (NASDAQ:BBRY) mentioned that “We appreciate and show respect for the recommendations of peripheral parties but many of the inferences drawn about the financial position and other strategies of company by The Analyst firm Gartner are completely notional.”

    Dismissals by Blackberry:

    At the end of second quarter, in this year Blackberry have to suffer loss of $950m (£588m) so the company decided to make layoffs of half of its employees.

    Fairfax Financial declared to buy the Canadian firm, which has been suffering from deteriorating sales.

    For safe interaction large financial organizations and government use the products of Blackberry worldwide.

    The customers of Blackberry are anxious to know about future predictions of the company is mentioned in the last week report by the Gartner, analyst. Hardware of Blackberry could be sold to other foreign governments said by technology consultancy.

    Granter the world’s major technology firm stated that to move towards other substitutes businesses have up to six months.

    Gartner suggested that the firms should not use Blackberry handsets ant try to move away from it.