TORONTO BlackBerry's withering smartphone business means potential acquirers will pick over its more alluring assets, including software and patents, which together may be worth about $5 billion, roughly in line with the company's current market value.
The phone unit, BlackBerry's biggest source of revenue, is essentially worthless because most buyers would shut it down in favour of their own technology, at a cost of as much as $800 million, said analysts at Raymond James Ltd. and BMO Capital Markets. Its patents, software and a secure network are each worth more than $1 billion, the analysts said, and the company has about $2.8 billion in cash.
The sale of the company could mean the end of the BB phones. Watch out!
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