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Vishu Bheda
•

Medial • 8m

This is the story of how BlackBerry lost $77 billion in market value. They called the iPhone a "toy." Then, one disastrous decision sealed their fate and crushed their empire. The surprising truth behind BlackBerry's epic downfall: In 2007, BlackBerry was the king of smartphones, owning 50% of the US market. Their secure email, physical keyboard, and business-friendly features made them a favorite. But in 2007, Apple launched the iPhone—a touchscreen phone with apps, internet, and entertainment. BlackBerry thought it was a toy and didn’t see it as a threat. Their response, like the BlackBerry Storm and PlayBook, had big flaws and disappointed users. By 2012, their market share fell to just 7.3%, with Apple and Google taking over. However, BlackBerry didn’t give up. They shifted to making software for cars, and today their technology is used in over 175 million vehicles worldwide. Follow Mr Z for such business stories!

8 Replies

Replies (8)

Anonymous 6

Hey I am on Medial • 8m

Bro i wanted a blackberry phone growing up but by the time i could afford it, company only shut down 😂😭😭😭

Anonymous user

Hey ,I am on Medial • 3m

So basically they shifted to another product.

Anonymous 7

Hey I am on Medial • 8m

A masterclass in missed adaptation is what this was. I mean they were so locked into their idea of what a smartphone “should” be that they ignored the future staring them in the face.

Anonymous 5

Hey I am on Medial • 8m

How many bad decisions did they make that it couldn't be recovered? Its just wild

Anonymous 4

Hey I am on Medial • 8m

Never underestimate the next big thing—it could change everything.

Anonymous 3

Hey I am on Medial • 8m

BlackBerry's fall shows the power of staying ahead.

Anonymous 2

Hey I am on Medial • 8m

From smartphones to smart cars—BlackBerry’s comeback is inspiring!

Anonymous 1

Hey I am on Medial • 8m

Underestimating innovation is the quickest way to fall.

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Why is the craze of Apple IPhone increasing so rapidly in india recently I saw a child which was telling that she needs a iPhone to her father and she is just 9 how Apple Created such a aspiration among people ?