Why did Citadel buy BlackBerry?
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Transcript of Why did Citadel buy BlackBerry?
1. 2 BIG REASONS CITADEL COULD HAVE MADE THE MOVE IT DID Why Buy BlackBerry Ltd? 2. Emerging Markets The company is shifting its focus away from the United States smart phones, and looking towards lower- priced entry points in emerging markets. 3. Emerging Markets BlackBerry just came out with its new Z3 phone in Indonesia, a country which was once referred to as BlackBerry Nation At $190, the price point is much more affordable than its Z10, which ran nearly $750. The performance of the Z3 abroad will be viewed as a bellwether for new CEO John Chen 4. Niche Markets That Need Security BlackBerrys greatest strength is its status as the premier provider of secure communications. 5. Niche Security Markets BlackBerry became the first company to receive Full Operational Capability rating to run on the Department of Defense and the U.S. Defense Information Systems Agency networks. The company also make a recent investment in NantHealth, which could signal a move into secured communications for health care service providers. 6. But Lets Keep This In Perspective BlackBerry could end up shifting its focus successfully into emerging and secure network niches, but the opportunity could also attract competition. Thats probably why, even though its a $23 million stake, Citadels investment in the company accounts for only 0.03% of all of its investments 7. The Secret Winner of the Smart Phone Conversion Everyone knows the big names when it comes to smart phones, but thats the problem. The stocks of these companies are already richly valued. But our analysts have discovered a technology company thatll revolutionize how smartphones work, and not many people know about it. You can get the name in our special free report: The Biggest Thing to Come Out of Silicon Valley in Years