BlackBerry stocks soared by 9% to US$10.08 in trading on early Friday following reports about its possible privatization.
BlackBerry
Several sources said that BlackBerry is currently considering the possibility of taking the company private.
BlackBerry is the first mobile maker to secure the US Defense Department's device administration approval.
Microsoft's Windows Phone boosted its smartphone market share from 3% to 4% allowing it to take the third highest position in the market.
Android-powered smartphones continued to reign with its growing market share while iPhone and BlackBerry's sales plunged in the second quarter.
BlackBerry lost its third place position in a race for major smartphone platforms.
BlackBerry verified that three senior executive officials were removed from the company.
BlackBerry began testing its BlackBerry Messenger services on Android and iOS devices.
According to a Google research, Canada's smartphone market increased.
Sunil Lalvani, BlackBerry India's managing director said that the company was not in any kind of trouble.
BlackBerry could turn things around if the company's restructuring, product improvement and marketing strategy would succeed.
Analysts said that BlackBerry would not lose its corporate professional customers if it would focus on a healthy mix of everything and not just on its security features.
Macquarie Group's analyst, Kevin Smithen, said that BlackBerry lost the capability to boost its sales due to small customer base.
According to Forbes' Ewan Spence, BlackBerry's Q5 did not have enough style to steal away the users of Apple and Samsung.
Analysts suggested that BlackBerry would be able to attain its former glory if it would go back to the enterprise market.
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