BlackBerry Ltd.’s fate seemed to be decided two years ago after its market value plummeted by $65 billion. It took losing another $13 billion since then for the board to hang a for-sale sign.

The smartphone maker yesterday said for the first time it’s considering a sale, after a string of quarterly revenue declines in the past two years pushed its market value down to $5.1 billion as of last week.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.