Enterprise customers of BlackBerry’s smartphones and enterprise management software should find alternatives to the financially troubled company’s products over the next three to six months, according to a recently released Gartner report.
BlackBerry responded with a statement, saying: “We recognize and respect external parties' opinions on BlackBerry's recent news. However, many of the conclusions by Gartner about the potential impact of a sale or other strategic alternatives, are purely speculative."
The Waterloo, Ontario company, however, has not fared well during recent months. A brief timeline of its recent troubles include the disclosure of plans to lay off 4,500 of its 12,500 employees; a loss of $965 million in the second quarter of fiscal 2014; and a decline in revenue by 49% in fiscal Q2 from the previous quarter. Meanwhile, the company’s sale to Fairfax Financial Holdings of Toronto for $4.7 billion is pending.