CHART OF THE DAY: This Is A Business That Will Die In Five Years, According To BlackBerry's CEO
BlackBerry CEO Thorsten Heins said, "In five years I don’t think there’ll be a reason to have a tablet anymore."
He believes we're going to carry around a single device that powers all our other screens. That since device is going to be a smartphone in his opinion, and therefore
He also says, "Tablets themselves are not a good business model."
To which, we present this chart from Dan Frommer. As you can see, through three years the
Perhaps the wheels fall off this thing, and it disappears from existence in five years. We doubt it.
The reason the iPad sells well, despite being slightly redundant, is that people like to have dedicated gadgets. People don't want one device to power everything.
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