BlackBerry considers putting itself up for sale as market share lags

BlackBerry announced today that it's considering putting itself up for sale as competition from Apple and Android-based rivals erodes sales.

12th August, 2013
BlackBerry Z10, the model the company had pinned its hopes on earlier this year

BlackBerry announced today that it's considering putting itself up for sale - the strongest indication yet that the smartphone maker won’t remain independent as competition erodes sales and hammers its share price.

A special board committee will consider ways to enhance BlackBerry’s value and scale, including joint ventures, partnerships or a sale of the company, according to a statement released today.

JPMorgan Chase will serve as its financial adviser.

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