Posted by & filed under Contemporary Business Issues, Corporate Restructuring.

Description:  Once written off for dead, Blackberry stock continues to rise. CEO John Chen has rewritten the Blackberry story by switching emphasis from the hardware market into supply of software. Concentrating on security, Blackberry’s software offers clients data protection in the midst of scary news on the data security front. Hardware now accounts for only about 1% of the company’s revenue.

Date: March 28, 2018

Source:  money.cnn.com

Link: http://money.cnn.com/2018/03/28/investing/blackberry-earnings/index.html

1) Did you ever own a Blackberry?

2) If you were charged with turning around of a company, what would be your first move?

3) In Wiley’s Auditing: A practical approach, we read about how the auditor must evaluate the going concern concept as part of an audit engagement. If you had been the auditor of Blackberry these last few years, what would be some of the factors you would have considered in evaluating the going concern concept?

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