The end of an era is definitely upon us. Actually, BlackBerry's dominance and even relevance in smartphones has been over for some time, but the company finally announced it will no longer make its own devices. From now on, BlackBerry will outsource the production of hardware and focus more on software. The company announced its joint venture with an Indonesian manufacturer that will make BlackBerry handsets from now on.

BlackBerry was once the most dominant name in smartphones until 2007 when Apple released the iPhone. Since then, it's been nothing but a slow decline. There are still diehard BlackBerry fans out there, but the number is shrinking and the company is right to focus on its software business instead.