Habiib
Well-known member
- Sep 25, 2011
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They will have to settle for razor thin margins if they want to sell in good numbers. Selling a for a premium price won't work because they just don't have the name anymore.
Yes they will. I've not had a chance to look at their balance sheet lately, but they need to really figure out why their operating costs are so high and are nuking their revenue. If sales continue to slide and they don't make adjustments to how they conduct business, they'll just be accelerating their side into bankruptcy.
If significant reductions can be made with their operating costs, then maybe they can make due with smaller profit margins short term. I think this is where someone like John Chen from Blackberry could come in, identify the problem and come up with a solution from that standpoint.
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