Blackberry is dying and it makes me sad

Source - BlackBerry sank deeper into a jam in the most recent quarter, posting a staggering $4.4 billion loss for the three months ended Nov. 30, 2013, as the company’s smartphone sales continued to crater. Separately, BlackBerry announced a five-year outsourced manufacturing contract with Taiwan’s Foxconn Technology Group. The pact will focus initially on producing smartphones for Indonesia and other emerging markets. 

Investors saw a glimmer of hope with the Foxconn deal, sending BlackBerry shares up as high as 17% Friday. The stock was at $7.18 per share in mid-afternoon trading — but that’s still well off a 52-week high of $18.32 per share (and a fraction of its all-time high of $148.42 in June 2008). Analysts said key details of the Foxconn partnership, including the pricing of the devices, would have to be fleshed out


Mother of God. This is hard to take in. 4.4 billion? Say it ain't so! Can you imagine owning 100 shares of blackberry in June 2008 and thinking that in 5 years that would be down $141.24/share?! Talk about a tank job. You know it is not a good look when your plan to save the business is to focus your smartphone on Indonesia and other emerging markets. So long sweet prince. I will miss you and your perfect keyboard and your flawless email and poor resolution photos. 

Blackberry game tight.