These are coming faster than I can keep track. Andrew Hall in Seeking Alpha jumps the shark. Again. How so? Apple should buy something. Anything. But what?
BlackBerry however, now seems to me to be a strong, logical candidate.
It is far from massive. Current market cap is $6.9 billion, and there is close to $2 billion in cash, so it could probably be acquired for $7-8 billion net.
How how long would it take Apple to earn back that $8-billion price tag from a division that is only losing big money, and would continue to only lose big money?
Strong? They’re losing money and marketshare hand over fist; as fast as data can be collected.
Logical? What does Apple stand to gain from BlackBerry?
Many corporate users carry a BlackBerry for business, but an iPhone or Android phone for private use, for fun, and for access to the wide range of apps that the BlackBerry store is never going to match. Most would rather carry only one phone, and a unit that combined BlackBerry security, email access, and messaging (not to mention the little red light) with Apple’s design, and iPhone Apps would have a huge attraction.
If Apple already has a larger footprint among corporate smartphone users, what’s the incentive to own BlackBerry?
This is a jumping the shark idea from a guy who probably lost a few shirts on BBRY, then again on AAPL, and he’s trying to make a big score on what? Ads on Seeking Alpha?