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What Happened to BlackBerry Limited (formerly Research In Motion)?

BlackBerry was once the dominant smartphone maker, controlling nearly 20% of the global market in 2009. The company failed to adapt to the touchscreen revolution led by Apple's iPhone and Google's Android, losing its market position and transitioning to enterprise software and security services.

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Quick Answer

BlackBerry fell from smartphone dominance due to its failure to compete with Apple's iPhone and Android devices after 2007. The company was too slow to embrace touchscreens and app ecosystems, losing corporate and consumer customers rapidly. Today, BlackBerry has pivoted to cybersecurity and automotive software, officially ending smartphone production in 2022. While no longer a consumer brand, the company survives as an enterprise software provider focusing on security solutions.

📊Key Facts

Peak Market Share
20% (2009)
IDC
Peak Stock Price
$147 (2008)
Yahoo Finance
Current Stock Price
~$4-6 (2024)
NYSE
Current Market Cap
~$2.5 billion
Yahoo Finance
Smartphone Market Share
0% (discontinued 2022)
BlackBerry

📅Complete Timeline14 events

1
1984Notable

Research In Motion Founded

Mike Lazaridis and Douglas Fregin establish RIM in Waterloo, Ontario. The company initially focuses on wireless technology and data compression.

2
January 1999Major

First BlackBerry Device Released

RIM launches the BlackBerry 850, a two-way pager that could send and receive emails. The device establishes BlackBerry as a leader in mobile email communication.

3
2002Major

BlackBerry Phone Integration

RIM introduces the BlackBerry 5810, combining email capabilities with voice calling. This marks BlackBerry's entry into the smartphone market.

4
January 9, 2007Critical

Apple Launches iPhone

Steve Jobs unveils the iPhone, introducing a revolutionary touchscreen interface and app ecosystem. This event begins the decline of keyboard-based smartphones like BlackBerry.

5
2008Major

BlackBerry Peaks at $147 Stock Price

RIM reaches its highest stock valuation as BlackBerry dominates the enterprise market. The company appears unstoppable despite emerging iPhone competition.

6
November 2008Major

BlackBerry Storm Launch Fails

RIM's first touchscreen phone, the Storm, launches with significant software problems and poor user experience. The failed iPhone competitor damages BlackBerry's reputation.

7
October 2011Major

Global BlackBerry Outage

A massive three-day service outage affects millions of BlackBerry users worldwide. The incident severely damages customer confidence and accelerates user defection to competitors.

8
January 2012Major

Co-founders Step Down

Mike Lazaridis and Jim Balsillie resign from RIM's board and executive roles. Thorsten Heins becomes CEO as the company struggles with declining market share.

9
January 2013Notable

Company Rebrands to BlackBerry

RIM officially changes its name to BlackBerry Limited and launches BlackBerry 10 OS. Despite positive reviews, the new platform fails to regain market share.

10
November 2013Major

John Chen Becomes CEO

Former Sybase CEO John Chen takes over BlackBerry, initiating a strategic pivot away from consumer devices toward enterprise software and services.

11
September 2016Critical

Hardware Production Ends

BlackBerry announces it will stop designing and manufacturing its own devices, licensing the brand to partners instead. This marks the end of in-house smartphone production.

12
August 2020Major

Final Licensing Deal Ends

BlackBerry's licensing agreement with TCL expires, effectively ending new BlackBerry smartphone production. OnwardMobility announces plans for a 5G BlackBerry but later cancels.

13
January 4, 2022Critical

Legacy Device Support Ends

BlackBerry officially discontinues support for BlackBerry 7.1 OS, BlackBerry 10, and PlayBook devices. Legacy devices lose email, text, and calling capabilities.

14
2024Notable

Cybersecurity and IoT Focus

BlackBerry continues operating as an enterprise software company, focusing on cybersecurity solutions, QNX automotive systems, and IoT platforms with annual revenues around $700 million.

🔍Deep Dive Analysis

BlackBerry's decline represents one of tech's most dramatic falls from grace. At its peak in 2009, Research In Motion (RIM) controlled nearly 20% of the global smartphone market and was valued at over $70 billion (Source: IDC, 2009). The company's BlackBerry devices were synonymous with mobile email and dominated corporate America, earning the nickname "CrackBerry" for their addictive nature among business professionals.

The iPhone's 2007 launch marked the beginning of BlackBerry's downfall, though the impact wasn't immediately apparent. Apple's touchscreen interface and app ecosystem represented a fundamental shift that BlackBerry's leadership initially dismissed. Co-CEO Mike Lazaridis famously said the iPhone wasn't a threat because it lacked a physical keyboard (Source: Fortune, 2015). This miscalculation proved catastrophic as consumers embraced touchscreens and the growing app stores.

BlackBerry's attempts to compete came too late and were poorly executed. The BlackBerry Storm (2008), their first touchscreen device, was plagued with software issues and poor user experience (Source: Engadget, 2008). The company's market share plummeted from 20% in 2009 to just 0.6% by 2014 (Source: Gartner, 2014). Management turmoil, including the departure of co-founders Lazaridis and Jim Balsillie in 2012, further destabilized the company during this critical period.

Under CEO John Chen, who joined in 2013, BlackBerry pivoted away from consumer devices toward enterprise software and cybersecurity. The company's QNX operating system found new life in automotive applications, powering infotainment systems for major automakers (Source: BlackBerry Annual Report, 2021). In January 2022, BlackBerry officially ended support for its classic devices, marking the definitive end of the smartphone era (Source: BlackBerry Press Release, 2022). Today, the company generates revenue primarily through cybersecurity solutions, IoT services, and automotive software, though at a fraction of its former size and influence.

People Also Ask

Does BlackBerry still make phones?
No, BlackBerry stopped making smartphones in 2022. The company discontinued support for all legacy devices in January 2022 and focuses solely on enterprise software and cybersecurity services.
Why did BlackBerry fail against the iPhone?
BlackBerry failed to adapt to the touchscreen revolution and app ecosystem pioneered by the iPhone. The company was too attached to physical keyboards and underestimated consumer demand for apps and multimedia capabilities.
What does BlackBerry do now?
BlackBerry is now a cybersecurity and enterprise software company. They provide security solutions for businesses, QNX operating systems for automotive applications, and IoT platform services.
Can you still use old BlackBerry phones?
No, old BlackBerry devices no longer function for communication. BlackBerry ended support for legacy devices in January 2022, disabling email, texting, and calling capabilities on classic BlackBerry phones.