Updated Aug. 21, 2013 at 10:00 a.m.

Premium Lock Analysts: Withering BlackBerry appears headed for a breakup

Published: 2013-08-21 10:00:00
Updated: 2013-08-21 10:00:29

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The phone unit, BlackBerry's biggest source of revenue, is essentially worthless because most buyers would shut it down in favor of their own technology, at a cost of as much as $800 million, said analysts at Raymond James and BMO Capital Markets. Its patents, software and a secure network are each worth more than $1 billion, the analysts said, and the company has about $2.8 billion in cash....

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