"This is a company that's had a tremendous amount of success. It's got a brand name, BlackBerry, that's recognized all over the world," Watsa said. "It's got subscriber base in the 60 or 70 million area, it's got very smart people. In the enterprise market it's got a very significant market advantage so we think that by focusing it on the enterprise market, it's not going to be as big as it used to be, but it will be profitable again."
Watsa said Blackberry can focus on business users and its smartphone service business where it manages the security of BlackBerry and competing smartphones on its network. He said all possibilities are open including getting out of the hardware business and changing the CEO. He said he's a fan of CEO Thorsten Heins and thinks he's done a very good job, but said he was handed a tough job when he took over in early 2012. "We have to in this due diligence look at all of these things," Watsa said.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.