Something most of you constantly fail to recognize. Debt = Money. They are one in the same. That BBRY has chosen to not go down the debt path will be one their other largest mistakes. Cash is non-yielding asset. Debt provides you the ability for acquisitions, growth, etc, etc.
Had a client come into the office years ago, Harvard Educated blabla, sold a shipping line. Did wonderful for himself. He wanted to park $9 of his money in Real Estate in 2008 or 9 I forget. Anyway his profit has literally been 2%. He paid CASH for everything against my direction and now complains he had no return on his money.
However I also have someone else who bought around $9 million and used leverage, debt and refinance and we have him up to over 14% per year for those years!! On invested capital.
Debt = Money my friends. You must learn this simple concept or quit playing in capital markets.
Apache Oil is another great example. $0.3 Billion in cash, $11 Billion in DEBT!!!
so what,its a brand in decline see subcriber rates,zero support from the carriers,att just announced a partnership of some type with nok,and worst of all for blackberry little support for its stock and belief in its business .nok has some at least