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Blackberry Will No Longer Make Devices

September 29, 2016 -

BlackberryBlackberry announced yesterday that they were going to stop making devices. Honestly, I didn’t even realize they were still making devices. I haven’t see anyone with a Blackberry device in 7 years.

It’s an unfortunate but not uncommon story in business. A company comes out with a game-changing product and quickly dominates the market. But competition emerges, the market changes, and the once dominant company cannot keep up.

Next thing, you have a company that was once worth $383 billion now worth $4 billion. And I would assume all their revenue comes from legacy clients that haven’t switched to another platform yet.

In the late 90’s and early 2000’s, Blackberry devices were everywhere. iPhones were around but they were used for entertainment – an iPod with a phone. For business, the Blackberry device was it.

I remember initially I wasn’t high enough in the company to get a Blackberry (they only went to those in the C-suite), so I bought my own. The connectivity to email was amazing. You no longer needed to be in the office or connect through webmail to get your email. It was a leap forward.

But the best thing about a Blackberry device was the keyboard. While others struggled with autocorrect features on the iPhone virtual keyboards, us Blackberry users got so good we could type with our thumbs as fast as we could type on a regular keyboard.

We never went anywhere without our Blackberry. And because the screen didn’t draw much power, the battery in the device lasted forever.

Blackberry may be the most notable casualty in the cell phone industry, but they’re not alone. Remember Palm Pilot? That was another device that changed the business world. Nokia, Motorola, Sony all had their moments in the sun only to be surpassed by the dominance of Apple and Samsung.

But look at what has happened in the cell phone world recently. It used to be that I couldn’t wait for the latest device to come out. I was frustrated if I was on a two-year contract and wasn’t able to upgrade as soon as the device was released. Each subsequent device was another great leap forward in design, capacity, and functionality.

And now the most exciting thing anyone can come up with is that the new iPhone eliminated the headphone jack and the Samsung keeps exploding while being recharged.

Have we reached that stage of the cellphone lifecycle where we no longer see any great technology advances? If so, what will take its place? Is there any game-changing new consumer technologies on the horizon? Or have things evolved away from technology as the product to using technology in new ways.

The news about Blackberry is a little like learning that an elderly relative who has been on life support for the past few years has finally died. It’s sad, but not unexpected.

Farewell Blackberry.

 

Did you ever own a Blackberry Device?  When did you switch to something else?

 

About Financial Slacker

After over 20 years in the corporate world, I realized that I was a Financial Slacker. I spent all my time making money for others rather than for myself.

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Reader Interactions

Comments

  1. Martin - Get FIRE'd asap says

    September 29, 2016 at 4:30 pm

    I had a Palm Pilot FS. I convinced my boss that I needed one to stay in touch with clients when I was on the road. Oh the joy of being able to send and receive email almost anywhere and I could play game on it too. Imagine that!

    As you say, I haven’t seen a Motorola or Nokia phone in years but they were once the industry leaders weren’t they. And now, people line up outside the shop to get the latest phone models with, wait for it…….a better camera and no headset jack! Not exactly earth moving innovation is it.

    View Comment
    • Financial Slacker says

      September 30, 2016 at 6:12 pm

      It makes me a little sad that we’re nit seeing the same level of technological innovation. But it also saves me lots of money. I haven’t bought a new cell phone for anyone in the family for over 2 years.

      View Comment
  2. Untemplater says

    October 1, 2016 at 11:52 pm

    I’m surprised they lasted as long as they did. I thought they stopped making phones years ago!

    View Comment
    • Financial Slacker says

      October 2, 2016 at 8:46 pm

      Once the bring your own device to work movement started, BB just couldn’t compete.

      View Comment
  3. Dividends Down Under says

    October 2, 2016 at 12:27 am

    I loved having a Blackberry, it was the first smartphone I ever had. The keyboard was fantastic, I could type so much better on that, than my current HTC. The (for me) unlimited blackberry internet was awesome as well.

    It’s amazing how quickly the company rose and fell – they pushed things forward a long way, but others have come a lot further – like you said.

    A shame, I’ll always have a special place for Blackberry.

    Tristan

    View Comment
    • Financial Slacker says

      October 2, 2016 at 8:45 pm

      It was my first smartphone as well. Carrier was T-mobile. I loved it. I also had a BB Storm. It was their attempt at a touchscreen. It did not work well.

      View Comment

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