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Major Wall Street firm holds off on BlackBerry 10 upgrade amid sale rumors

Published Aug 30th, 2013 5:00PM EDT
Morgan Stanley BlackBerry 10 Upgrade

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BlackBerry had better decide on whether it’s going to pursue any “strategic alternatives” pretty soon. Bloomberg reports that rumors of a potential sale of BlackBerry have spooked Morgan Stanley from upgrading its employees’ phones from BlackBerry 7 to BlackBerry 10. An unnamed source tells Bloomberg that the company normally would have had an upgrade plan for BlackBerry 10 in place by now but that the firm did not want to commit to a platform that faces an uncertain future now that BlackBerry is pondering a change in direction. BlackBerry said earlier this month that it’s exploring “strategic alternatives” that “could include, among others, possible joint ventures, strategic partnerships or alliances, a sale of the company or other possible transactions.”

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.