Fall of BlackBerry Epi 02

1.BlackBerry also faced stiff competition from Chinese smartphone manufacturers such as Huawei and Xiaomi, which offered similar features at lower prices.

2.BlackBerry's decline was further accelerated by the company's poor management and leadership, including delays in product launches and a failure to adapt to changing market conditions.

3.In 2015, BlackBerry reported a net loss of $304 million, marking the company's fifth consecutive year of losses.

4.In the same year, BlackBerry announced that it was exiting the hardware business and would focus on software and services.

5.BlackBerry's software and services business, which includes cybersecurity and enterprise software, has been more successful in recent years.

6.BlackBerry has also made acquisitions to expand its software portfolio, including the acquisition of cybersecurity firm Cylance in 2018.

7.Despite its decline in the smartphone market, BlackBerry remains a well-known brand in the enterprise and government sectors, where its security and privacy features are highly valued.

8.Today, BlackBerry is a much smaller company than it was at its peak, but it continues to innovate in the areas of cybersecurity, enterprise software, and the Internet of Things (IoT).

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