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Morgan Stanley Reportedly Holding Off on BlackBerry 10 Upgrades

by Sean P. Aune | September 1, 2013September 1, 2013 4:00 pm PST

BlackBerry Z10 Quick Settings

The corporate world has been saving grace of BlackBerry phones as companies love it for its infamous security. But with the recent news that BlackBerry has formed a committee to explore the possibility of a sale, it seems that those corporate customers are being a bit more hesitant about upgrading to BlackBerry 10.

According to a report from Bloomberg, Morgan Stanley has put a hold on any upgrades to the BlackBerry 10 operating system and is holding its employees at BlackBerry 7 devices from 2011 for the time being. Two unnamed sources that spoke with Bloomberg said that Morgan Stanley is not confident at this time that BlackBerry will give BlackBerry 10 the support it needs, especially if the company is sold to another owner in the near future.

If BlackBerry can’t count on its corporate customers, which has been its bread and butter in the past, and consumer interest doesn’t appear to be surfacing for the company’s handsets, you have to wonder if the manufacturer does have any other options than to sell itself off. Adam Emery, a spokesman for BlackBerry, told Bloomberg he couldn’t comment on Morgan Stanley’s plans, but did say, “We remain steadfast in our commitment to our customers and shareholders. We believe in our innovative technologies and we are laser-focused on delivering long-term value.”

BlackBerry wrapped up its latest quarter on Aug. 31 and will report the results on Sept. 27. It is sure to be an interesting quarter for the beleaguered company.

Bloomberg

Sean P. Aune

Sean P. Aune has been a professional technology blogger since July 2007, but his love of tech dates back to at least 1976 when his parents bought...

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