Firm Says It Is ‘Suicidal’ to Bet Against BlackBerry
BlackBerry (NASDAQ:BBRY) stock is up during trading on Tuesday after the U.S. Defense Department announced last week that it will continue to primarily use BlackBerry devices on its new network, proving that while BlackBerry’s phones have failed to remain popular among consumers, the company is still the leader in military contracts and enterprise services.
The Defense Information Systems Agency (or, DISA) said that the program will include 80,000 BlackBerry devices and 16 mobile apps to start. A secure network will make it easier for military personnel to work on unclassified documents from their mobile devices. Only 1,800 devices running on Apple’s (NASDAQ:AAPL) iOS and Google’s (NASDAQ:GOOG) Android platforms will be included in the program.
One analyst cited by Bloomberg said that BlackBerry can more easily meet the tough security specifications required by the Defense Department and other government agencies than its competitors. “It’s a challenging specification, and other vendors are having a tough time meeting it,” said Doug Pollitt, a broker at Toronto-based Pollitt & Co, to Bloomberg. “BlackBerry has already got it.”