Apple Inc. (NASDAQ:AAPL) finds itself in a problem, which neither it helped in creating nor does it have a solution to. Yes, even the world’s largest company finds itself in a trouble that it can’t solve with its multi billion dollar reserves. You may ask, what exactly is the problem? Well, for starters the problem is not restricted to Apple Inc. (NASDAQ:AAPL), but almost every company that finds its origin in the U.S.. Ever since the news of the U.S. Government snooping on other countries became public and Edward Snowden revealed how the U.S. Government agencies are keeping a tab on everything, governments in other countries have started distancing themselves from anything related to U.S. Tech companies, preferring home grown or Canadian firms like BlackBerry Ltd (NASDAQ:BBRY) instead.
The most recent victim is Apple Inc. (NASDAQ:AAPL) whose products have been banned from Chinese government purchase. As we mentioned in an article, yesterday that Apple Inc. (NASDAQ:AAPL)’s products like iPad, MacBooks and iPad Mini were missing from a procurement list finalized by the Chinese Government in July.
This news comes on the back of a recent procurement list that the Chinese Government published last week, which excluded foreign anti-virus software companies like Kaspersky Lab and Symantec Corp, which had previously sold software to Chinese agencies.
Which brings us to the topic of this article, why Apple Inc. (NASDAQ:AAPL) must buy BlackBerry Ltd (NASDAQ:BBRY). Well, first of all Apple Inc. (NASDAQ:AAPL) has over $160 billion in cash and near-cash reserves, according to its last quarterly reports, which is enough money to any of the largest publicly traded company on earth. BlackBerry Ltd (NASDAQ:BBRY), with its $5 billion market cap won’t even make a dent in Apple Inc. (NASDAQ:AAPL)’s coffers, but that’s not the point of buying a company, which till a few years ago was counted as one of the main rivals.
BlackBerry Ltd (NASDAQ:BBRY) is a company, which even in its downward journey, never lost focus from its primary goal of securing conversation of its customers. Be it data, voice or messages, BlackBerry Ltd (NASDAQ:BBRY) is still the company on which you can rely on if security and privacy is your main concern. Granted that BlackBerry Ltd (NASDAQ:BBRY) has been reduced to a niche player in the smartphone universe, but that doesn’t change the fact that its devices are used by the who’s who of International politics, from U.S. President, Barack Obama, to German Chancellor, Angela Merkel.
BlackBerry Ltd (NASDAQ:BBRY) also recently acquired one of its long standing partners, Secusmart, a German company that makes chips for voice encryptions. With the Secusmart acquisition, BlackBerry Ltd (NASDAQ:BBRY) can now boast of having the most secure communication devices on the planet. Apple Inc. (NASDAQ:AAPL) definitely makes amazing deices when it comes to looks, devices and features, but when it comes to security and privacy, the company hasn’t made a name for itself in that department. BlackBerry Ltd (NASDAQ:BBRY), which has been struggling with its finances and operation for ages, can do wonders with a much needed cash infusion that a large player like Apple Inc. (NASDAQ:AAPL) can provide. If there ever was a time for Apple Inc. (NASDAQ:AAPL) to seriously think about acquiring competitors, it’s now and none of them would provide it with as much value as BlackBerry Ltd (NASDAQ:BBRY) could.
Best Engineering Colleges in America
Fastest Growing Economies in the World