What will the future be like for Blackberry?

Recently, Blackberry’s major supplier has announced that they will no longer continue its partnership agreement with Blackberry. This news headline no doubt had captured the public’s attention with everyone wondering what will the future look like for Blackberry, a company which was once one of the leading companies in the smartphone industry. Due to lack of consumer interest in the new products launched by Blackberry in early 2013, the cost of inventory and storage came to light while U.S. carrier T-mobile has announced that it will no longer stock products of Blackberry in its retail stores. While Canadian carrier’s response remains to be unknown, it is obvious to everyone that the company is no longer capable of competing along with Apple and Android within the industry with its major financial loss. The importance of stakeholders is thus portrayed in this situation as the company begins to lose its grasp on customers and is forced to cut the employment rate. Although the company will not go into bankruptcy, the loss of consumer interest, cut on human resources, and rising costs of inventory will mark the collapse of the company within the industry.

 

Link: http://www.vancouversun.com/business/technology/Blackberry+supplier+planned+exit+puts+smartphone/8962988/story.html

http://www.theglobeandmail.com/report-on-business/blackberry-handset-maker-begins-talks-to-wind-down-partnership/article14545696/

The Cost Behind the “Great” Project

Currently the Northern Gateway Pipeline project has aroused great controversies within the province and the rest of the country. According to the website that introduces the project in great length, the project is said to be beneficial to the Canadian economy by boosting the country’s GDP and government revenue. Further beneficial factors for the province and the aboriginals were listed on the website, as if to justify the project’s plan to endanger the environment. This is an issue that not only worries the environmentalists but also the First Nations.

Although nowadays, a majority of people are being educated on how important it is for us to cherish the natural environment, there are still businesses out there that would stress the importance of economy over the value of the environment. Is it truly justifiable for companies like the Northern Gateway Pipeline to place a time bomb in the forests that we British Columbians were always proud of? Is it also ethical to watch them place these pipelines near the Aboriginals’ homes?

Based on my biased point of view, the cost of constructing the pipeline is much greater than the profit the project will earn in the unforeseen future.

Link: http://www.northerngateway.ca