Rimm
as good as bb10 might be, they've bled tons of market share. I'm not so sure they will be able to get back the users they lost to iOS and Android. It may help sure them up in emerging markets though where they appear to be doing reasonably well despite their severely dated handsets. What will ultimately be the test is how well their app ecosystem gets moving and whether or not BB10 can properly run apps from the google play store like they've been talking about.
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NTSB Considers Switching From BlackBerry to iPhone, Citing Reliability
Wednesday, 21 Nov 2012 01:55 PM
Citing reliability issues, the U.S. National Transportation Safety Board has announced it may replace BlackBerry smartphones with Apple's iPhones, a move that could be a staggering blow to already struggling Research in Motion.
http://www.moneynews.com/TheWire/NTS...1/21/id/465055
Wednesday, 21 Nov 2012 01:55 PM
Citing reliability issues, the U.S. National Transportation Safety Board has announced it may replace BlackBerry smartphones with Apple's iPhones, a move that could be a staggering blow to already struggling Research in Motion.
http://www.moneynews.com/TheWire/NTS...1/21/id/465055
Federal agency to switch to iPhone, drop BlackBerry
Mon Oct 22, 2012 5:32pm EDT
(Reuters) - The U.S. Immigration and Customs Enforcement agency (ICE) said it will end its contract with BlackBerry maker Research In Motion Ltd in favor of Apple Inc's iPhone, dealing a new blow to RIM just months before it launches a vital new device.
The agency said in a solicitation document posted last week that it intends to buy iPhones for more than 17,600 employees - a purchase worth $2.1 million.
http://www.reuters.com/article/2012/...89L0YW20121022
Mon Oct 22, 2012 5:32pm EDT
(Reuters) - The U.S. Immigration and Customs Enforcement agency (ICE) said it will end its contract with BlackBerry maker Research In Motion Ltd in favor of Apple Inc's iPhone, dealing a new blow to RIM just months before it launches a vital new device.
The agency said in a solicitation document posted last week that it intends to buy iPhones for more than 17,600 employees - a purchase worth $2.1 million.
http://www.reuters.com/article/2012/...89L0YW20121022
US government dumps BlackBerry in favor of iPhone, iPad for NOAA
The National Oceanic and Atmospheric Administration (NOAA) is dumping RIM’s BlackBerry from its list of officially supported mobile devices, according to a memo sent from the organizations CIO.
The U.S. government will instead supply workers with new iPhones and iPads.
http://www.loopinsight.com/2012/02/0...ipad-for-noaa/
The National Oceanic and Atmospheric Administration (NOAA) is dumping RIM’s BlackBerry from its list of officially supported mobile devices, according to a memo sent from the organizations CIO.
The U.S. government will instead supply workers with new iPhones and iPads.
http://www.loopinsight.com/2012/02/0...ipad-for-noaa/
Nokia Deal Is Just the Beginning for China Mobile
Nokia boss Stephen Elop, chief executive of the beleaguered Finnish company, has managed something the late Steve Jobs never achieved: a partnership with the world’s biggest cellular operator. On Dec. 6, Nokia (NOK) unveiled plans to cooperate with China’s dominant cellular operator, China Mobile (CHL), to offer the Lumia 920T, Nokia’s new Windows-based smartphone, to the more than 700 million Chinese who are China Mobile subscribers. The Lumia tie-up with China Mobile offers Nokia “a chance to reestablish its brand in China,” writes John Butler, Bloomberg Industries analyst.
Nokia boss Stephen Elop, chief executive of the beleaguered Finnish company, has managed something the late Steve Jobs never achieved: a partnership with the world’s biggest cellular operator. On Dec. 6, Nokia (NOK) unveiled plans to cooperate with China’s dominant cellular operator, China Mobile (CHL), to offer the Lumia 920T, Nokia’s new Windows-based smartphone, to the more than 700 million Chinese who are China Mobile subscribers. The Lumia tie-up with China Mobile offers Nokia “a chance to reestablish its brand in China,” writes John Butler, Bloomberg Industries analyst.
RIM Pitches BlackBerry 10 Deal to Businesses
With the launch of its BlackBerry 10 platform fast approaching, Research In Motion has begun a full court press to spur adoption in a stronghold it’s now losing to Apple and Google: Enterprise.
The company on Thursday announced BlackBerry 10 Ready, a new program intended to woo business customers to its new platform. Enrollment gets participants online training, a free BlackBerry 10 smartphone and the opportunity to trade up their BlackBerry Enterprise Server licenses.
That last offering is an important one, allowing companies transitioning to RIM’s new platform to swap their existing BES licenses for new BES 10 licenses at no cost on a one-for-one basis. BES licenses aren’t cheap. So RIM’s offer of a free upgrade will likely appeal to some — particularly corporate holdouts that still subscribe to the “you will use a BlackBerry and that’s an order” view of employee empowerment.
But these days, such firms are becoming fewer and fewer. As we’ve noted here before, the “bring your own device” era has given Android and iPhone serious traction in the enterprise market that RIM once dominated. And while promotions like BlackBerry 10 Ready will certainly garner interest, how much can they actually reverse a trend as seemingly powerful as the consumerization of IT?
http://allthingsd.com/20121206/rim-p...D_yahoo_ticker
With the launch of its BlackBerry 10 platform fast approaching, Research In Motion has begun a full court press to spur adoption in a stronghold it’s now losing to Apple and Google: Enterprise.
The company on Thursday announced BlackBerry 10 Ready, a new program intended to woo business customers to its new platform. Enrollment gets participants online training, a free BlackBerry 10 smartphone and the opportunity to trade up their BlackBerry Enterprise Server licenses.
That last offering is an important one, allowing companies transitioning to RIM’s new platform to swap their existing BES licenses for new BES 10 licenses at no cost on a one-for-one basis. BES licenses aren’t cheap. So RIM’s offer of a free upgrade will likely appeal to some — particularly corporate holdouts that still subscribe to the “you will use a BlackBerry and that’s an order” view of employee empowerment.
But these days, such firms are becoming fewer and fewer. As we’ve noted here before, the “bring your own device” era has given Android and iPhone serious traction in the enterprise market that RIM once dominated. And while promotions like BlackBerry 10 Ready will certainly garner interest, how much can they actually reverse a trend as seemingly powerful as the consumerization of IT?
http://allthingsd.com/20121206/rim-p...D_yahoo_ticker
At this point they have lost so many users, the BB10 would have to be a game changer to compete and move the stock. I did buy Puts going into the earnings and it worked out quite well, with the VIX down might not be a bad idea to play the options again for the long run.
Creepy guy in the mirror.
Joined: Oct 2004
Posts: 2,631
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From: Ontario, Canada
Having handled a dev alpha of bb10 I can say the device works very well and is a completely new device. The only thing that relates it to the old bb is the logo and BBM. Is is a killer? No, but that is not the goal and it doesn't need to to win. They just need to hold onto the business users they already have.
The articles about government agencies dumping bb have been aplenty. There seems to be a huge contingent that wants to be the one that can say "I predicted that fail". There have been a few articles though of the same government agencies evaluating bb10 favorably because of the benefit that features like blackberry fusion and blackberry balance will bring to the table. They have a unique offering, it is just a matter if people will accept it or if people assume what the media already has for the most part already concluded... Bb is doa.
RIM is going to lose a revenue stream that will hurt the books. They really need their appworld to generate revenue going forward. RIM is investing huge money to attract developers to their app market. Some new apps are being developed that are going to be exclusive to bb. And we are not just talking about fart apps.
Think the positive trend is more than hype.
The articles about government agencies dumping bb have been aplenty. There seems to be a huge contingent that wants to be the one that can say "I predicted that fail". There have been a few articles though of the same government agencies evaluating bb10 favorably because of the benefit that features like blackberry fusion and blackberry balance will bring to the table. They have a unique offering, it is just a matter if people will accept it or if people assume what the media already has for the most part already concluded... Bb is doa.
RIM is going to lose a revenue stream that will hurt the books. They really need their appworld to generate revenue going forward. RIM is investing huge money to attract developers to their app market. Some new apps are being developed that are going to be exclusive to bb. And we are not just talking about fart apps.
Think the positive trend is more than hype.
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Time for a thread title update.
BBRY: The Stock Ticker Formerly Known As RIMM ???
Guess investors don't like the name change?
RIMM: $14.33 - Down $1.33 (8.49%)
BBRY: The Stock Ticker Formerly Known As RIMM ???
RIM Unveils BlackBerry 10, Changes Company Name
Research in Motion formally introduced its BlackBerry 10 operating system on two new handsets Wednesday and in a surprising move, the company's CEO also announced that the company's name would now be BlackBerry.
RIM CEO Thorsten Heins introduced the system and claimed that the platform represented "a new day in the history of Blackberry."
The company's new ticker symbol will be BBRY.
We have transformed ourselves inside and out," Heins said. "That's why I am happy to announce we are now BlackBerry."
RIM is going to release two variations of the BlackBerry 10 at first. The BlackBerry Z10 will be a touch-screen model and the Q10 will feature a keyboard and laso have touch-screen capabilities.
One of the key new features, though, doesn't necessarily lie in the hardware, but in the software.
RIM is aiming to lure the the enterprise market back with its business centered software called BlackBerry Balance that enables work data and apps to be segregated on the smartphone from the users' personal saved data.
The company also showed off its BlackBerry Hub feature, which essentially enables easier messaging and easier access to multiple apps.
Research in Motion formally introduced its BlackBerry 10 operating system on two new handsets Wednesday and in a surprising move, the company's CEO also announced that the company's name would now be BlackBerry.
RIM CEO Thorsten Heins introduced the system and claimed that the platform represented "a new day in the history of Blackberry."
The company's new ticker symbol will be BBRY.
We have transformed ourselves inside and out," Heins said. "That's why I am happy to announce we are now BlackBerry."
RIM is going to release two variations of the BlackBerry 10 at first. The BlackBerry Z10 will be a touch-screen model and the Q10 will feature a keyboard and laso have touch-screen capabilities.
One of the key new features, though, doesn't necessarily lie in the hardware, but in the software.
RIM is aiming to lure the the enterprise market back with its business centered software called BlackBerry Balance that enables work data and apps to be segregated on the smartphone from the users' personal saved data.
The company also showed off its BlackBerry Hub feature, which essentially enables easier messaging and easier access to multiple apps.
RIMM: $14.33 - Down $1.33 (8.49%)
Last edited by AZuser; Jan 30, 2013 at 10:54 AM.
^ investors didnt like that bb10 launched everywhere except the US and won't be on US shores until March. A Samaung buyout is looming.....
Last edited by whudini3000; Feb 1, 2013 at 08:33 PM.
Sanest Florida Man
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Former Blackberry co-CEO sells off entire stake in the company he helped build
http://mobile.theverge.com/2013/2/14...ake-in-company
A document filed by BlackBerry today reveals that Jim Balsillie, who formerly served as co-CEO along with Mike Lazaridis, has sold off his entire stake in the company. As recently as last year, Balsillie held 28.6 million shares, a number that has rapidly plummeted to zero according to a regulatory filing. Balsillie and Lazaridis oversaw BlackBerry's meteoric rise in the mobile phone arena, but also occupied the top ranks during the company's stunning downfall.
For his part, Lazaridis has stayed on as vice chairman of BlackBerry — known as Research In Motion in the years he spent steering the company along with Balsillie. The fact that Balsillie has chosen to cut financial ties now, just as BlackBerry launches a comeback effort led by brand new hardware and a re-imagined operating system, suggests he may not be entirely confident in the company's future roadmap. Of course, it's also possible that Balsillie has decided to put this storied chapter of his life behind him once and for all.
For his part, Lazaridis has stayed on as vice chairman of BlackBerry — known as Research In Motion in the years he spent steering the company along with Balsillie. The fact that Balsillie has chosen to cut financial ties now, just as BlackBerry launches a comeback effort led by brand new hardware and a re-imagined operating system, suggests he may not be entirely confident in the company's future roadmap. Of course, it's also possible that Balsillie has decided to put this storied chapter of his life behind him once and for all.
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BBRY pre-announced earnings today. One word to describe Q2: Disaster
$8.73 - Down $1.80 (17.06%)
After Hours : $8.54 - Down $0.19 (2.12%)
$8.73 - Down $1.80 (17.06%)
After Hours : $8.54 - Down $0.19 (2.12%)
BlackBerry crushed on warning, big layoffs
BlackBerry Ltd. warned on Friday that revenues for its recently ended second fiscal quarter will come in way below expectations as sales of its latest smartphones have plunged — causing the stock to get crushed in late afternoon trades.
BlackBerry shares slid more than 17% to $8.72 by the closing bell, after a halt on the stock was lifted. The company said its special board committee “continues to evaluate strategic alternatives” for the business.
In an afternoon statement, the company said it expects to report revenue of about $1.6 billion for the quarter, compared to $3.04 billion that was expected by analysts, according to consensus estimates from FactSet. It also expects a GAAP net operating loss in the range of $950 million to $995 million for the quarter.
BlackBerry said it is recognizing revenue from about 3.7 million smartphones shipped for the quarter ended Aug. 31. About 5.9 million smartphones were sold through to end customers during the quarter, which the company said “included shipments made prior to the second quarter and which reduced the company’s inventory in channel.”
The company added that most of the shipments recognized for the most recent period are of its older BlackBerry 7 family.
That bodes poorly for the BlackBerry 10 platform, which was launched in February with the new Z10 smartphone. The company plans to take a pre-tax charge in the range of $930 million to $960 million in the quarter against inventory and supply commitments “which is primarily attributable to BlackBerry Z10 devices.”
The slumping sales of the new models have forced the company to take several drastic steps, including the layoffs of about 4,500 workers that was reported earlier this week, but not confirmed by the company until now. The cuts are part of a plan to reduce its operating expenses by 50% by the end of the 2015 fiscal year.
BlackBerry also said it will cut planned future device portfolio from six handsets to four, which will include two high-end devices and two entry-level products. This is part of a plan to focus on the enterprise and “prosumer” market.
“We are implementing the difficult, but necessary operational changes announced today to address our position in a maturing and more competitive industry, and to drive the company toward profitability,” CEO Thorsten Heins said in a statement.
BlackBerry will report full results for the period on Friday, Sept. 27
http://www.marketwatch.com/story/bla...ffs-2013-09-20
BlackBerry Ltd. warned on Friday that revenues for its recently ended second fiscal quarter will come in way below expectations as sales of its latest smartphones have plunged — causing the stock to get crushed in late afternoon trades.
BlackBerry shares slid more than 17% to $8.72 by the closing bell, after a halt on the stock was lifted. The company said its special board committee “continues to evaluate strategic alternatives” for the business.
In an afternoon statement, the company said it expects to report revenue of about $1.6 billion for the quarter, compared to $3.04 billion that was expected by analysts, according to consensus estimates from FactSet. It also expects a GAAP net operating loss in the range of $950 million to $995 million for the quarter.
BlackBerry said it is recognizing revenue from about 3.7 million smartphones shipped for the quarter ended Aug. 31. About 5.9 million smartphones were sold through to end customers during the quarter, which the company said “included shipments made prior to the second quarter and which reduced the company’s inventory in channel.”
The company added that most of the shipments recognized for the most recent period are of its older BlackBerry 7 family.
That bodes poorly for the BlackBerry 10 platform, which was launched in February with the new Z10 smartphone. The company plans to take a pre-tax charge in the range of $930 million to $960 million in the quarter against inventory and supply commitments “which is primarily attributable to BlackBerry Z10 devices.”
The slumping sales of the new models have forced the company to take several drastic steps, including the layoffs of about 4,500 workers that was reported earlier this week, but not confirmed by the company until now. The cuts are part of a plan to reduce its operating expenses by 50% by the end of the 2015 fiscal year.
BlackBerry also said it will cut planned future device portfolio from six handsets to four, which will include two high-end devices and two entry-level products. This is part of a plan to focus on the enterprise and “prosumer” market.
“We are implementing the difficult, but necessary operational changes announced today to address our position in a maturing and more competitive industry, and to drive the company toward profitability,” CEO Thorsten Heins said in a statement.
BlackBerry will report full results for the period on Friday, Sept. 27
http://www.marketwatch.com/story/bla...ffs-2013-09-20
Last edited by AZuser; Sep 20, 2013 at 04:28 PM.
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BlackBerry lands $9-a-share privatization bid
SAN FRANCISCO (MarketWatch) -- BlackBerry Ltd. (BBRY +2.69%) said Monday afternoon that it has signed a letter of intent with a consortium led by Fairfax Financial Holdings Ltd. to take the smartphone maker private in a deal worth $9 per share. The deal would total about $4.7 billion in value, as the consortium would acquire all the BlackBerry shares that Fairfax does not own for $9 per share. Fairfax currently owns about 10% of the company's shares. In a statement, BlackBerry said the consortium has six weeks to conduct due diligence, during which BlackBerry can continue to shop for other deals. The consortium is seeking financing for the deal from BofA Merrill Lynch and BMO Capital Markets. BlackBerry shares were down more than 5% to $8.23 before the stock was halted on Monday, following a large-scale pre-announcement by the company on Friday.
http://www.marketwatch.com/story/bla...are-2013-09-23
SAN FRANCISCO (MarketWatch) -- BlackBerry Ltd. (BBRY +2.69%) said Monday afternoon that it has signed a letter of intent with a consortium led by Fairfax Financial Holdings Ltd. to take the smartphone maker private in a deal worth $9 per share. The deal would total about $4.7 billion in value, as the consortium would acquire all the BlackBerry shares that Fairfax does not own for $9 per share. Fairfax currently owns about 10% of the company's shares. In a statement, BlackBerry said the consortium has six weeks to conduct due diligence, during which BlackBerry can continue to shop for other deals. The consortium is seeking financing for the deal from BofA Merrill Lynch and BMO Capital Markets. BlackBerry shares were down more than 5% to $8.23 before the stock was halted on Monday, following a large-scale pre-announcement by the company on Friday.
http://www.marketwatch.com/story/bla...are-2013-09-23
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Wow, Ford is dumping Microsoft in favor of Blackberry for the next version of their Sync app. 
http://www.marketwatch.com/story/for...?siteid=yhoof2
http://www.marketwatch.com/story/for...?siteid=yhoof2
SAN FRANCISCO (MarketWatch) - Ford Motor F +1.06% will switch to BlackBerry BBRY +9.85% to run its Sync mobile phone multimedia software starting in 2016, a media report said Monday. Ford will end its use of Microsoft Corp.'s MSFT -0.53% Windows as it embraces BlackBerry's technology, The Wall Street Journal reported, citing an unnamed Ford official. Shares of BlackBerry were last trading up nearly 10%. Microsoft was down a fraction, while Ford rose 1.3%.
Last edited by doopstr; Feb 24, 2014 at 02:04 PM.
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http://finance.yahoo.com/news/ford-b...175004369.html
According to Bloomberg, Ford Motor Co. (F) is planning to use BlackBerry Ltd.’s (BBRY) QNX operating system in the new version of its Sync in-car communication and entertainment system, instead of Microsoft Corp.’s (MSFT) Windows, which it uses currently. The shift is being induced by numerous reported malfunctions in Ford’s current technology systems and touch screens.
In-car communication systems are increasingly becoming deciding factors for consumers’ car purchases, according to a study by Accenture plc (ACN). As a result, Ford is not faring well in consumer surveys conducted by J.D. Power & Associates and Consumer Reports. The automaker’s Ford and Lincoln brands occupied the 26th and 27th positions, respectively, in Consumer Reports’ survey on 28 brands, which was released in Oct 2013.
As a result, Ford is seeking a change in the operating system used by Sync. As QNX and Microsoft are the most popular operating systems used in cars, a shift to QNX seems the obvious choice. BlackBerry had acquired the QNX Software Systems in 2010 for a consideration of $200 million.
QNX is used in the Audi and BMW cars at present. It is also used in nuclear power plants and unmanned aerial drones.
According to Bloomberg, QNX will not only cost less than Microsoft but also provide better speed and flexibility to Ford’s Sync system. Currently, the Microsoft-based Sync system is operative in over seven million Ford vehicles.
The company posted earnings per share of 31 cents (excluding special items) in the fourth quarter of 2013, flat year over year. However, the automaker surpassed the Zacks Consensus Estimate of 28 cents.
Revenues in the quarter grew 3.6% to $37.6 billion, exceeding the Zacks Consensus Estimate of $35.47 billion. The improvement was attributable to increased wholesale volumes in the automotive business.
Ford currently carries a Zacks Rank #3 (Hold).
In-car communication systems are increasingly becoming deciding factors for consumers’ car purchases, according to a study by Accenture plc (ACN). As a result, Ford is not faring well in consumer surveys conducted by J.D. Power & Associates and Consumer Reports. The automaker’s Ford and Lincoln brands occupied the 26th and 27th positions, respectively, in Consumer Reports’ survey on 28 brands, which was released in Oct 2013.
As a result, Ford is seeking a change in the operating system used by Sync. As QNX and Microsoft are the most popular operating systems used in cars, a shift to QNX seems the obvious choice. BlackBerry had acquired the QNX Software Systems in 2010 for a consideration of $200 million.
QNX is used in the Audi and BMW cars at present. It is also used in nuclear power plants and unmanned aerial drones.
According to Bloomberg, QNX will not only cost less than Microsoft but also provide better speed and flexibility to Ford’s Sync system. Currently, the Microsoft-based Sync system is operative in over seven million Ford vehicles.
The company posted earnings per share of 31 cents (excluding special items) in the fourth quarter of 2013, flat year over year. However, the automaker surpassed the Zacks Consensus Estimate of 28 cents.
Revenues in the quarter grew 3.6% to $37.6 billion, exceeding the Zacks Consensus Estimate of $35.47 billion. The improvement was attributable to increased wholesale volumes in the automotive business.
Ford currently carries a Zacks Rank #3 (Hold).
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BBRY : $8.41 - Down $0.64 (7.07%)
Reported today that Q4 revenue dropped 64% from $2.7 billion a year ago to $976 million. Expectations were for revenue of $1.11 billion. First time since 2007 revenue came in below $1 billion.
They also reported a GAAP quarter loss of $423 million (80 cents a share) vs profit of $94 million (18 cents a share) a year ago. Bright side? Loss came in better than expected.
Reported today that Q4 revenue dropped 64% from $2.7 billion a year ago to $976 million. Expectations were for revenue of $1.11 billion. First time since 2007 revenue came in below $1 billion.
They also reported a GAAP quarter loss of $423 million (80 cents a share) vs profit of $94 million (18 cents a share) a year ago. Bright side? Loss came in better than expected.
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2 years later....
Exclusive: Samsung approaches BlackBerry about buyout - source | Reuters
Exclusive: Samsung approaches BlackBerry about buyout - source | Reuters
Exclusive: Samsung approaches BlackBerry about buyout - source
Samsung Electronics Co Ltd recently approached BlackBerry Ltd about buying the company for as much as $7.5 billion, looking to gain access to its patent portfolio, according to a person familiar with the matter and documents seen by Reuters.
South Korea's Samsung proposed an initial price range of $13.35 to $15.49 per share, which represents a premium of 38 percent to 60 percent over BlackBerry's current trading price, the source said.
Executives from the two companies, which are working with advisers, met last week to discuss a potential transaction, the source said, asking not to be identified because the conversations are private.
Shares of Blackberry jumped as much as 30 percent on heavy volume in afternoon trading in New York.
The offer price would imply an enterprise value of $6 billion to $7.5 billion for BlackBerry, assuming conversion of $1.25 billion of convertible debt, according to the documents.
BlackBerry announced a high-profile security partnership with Samsung in November. The partnership will wed BlackBerry's security platform with the South Korean company's own security software for its Galaxy devices.
Representatives for BlackBerry declined to comment while Samsung could not be immediately reached for comment.
Samsung Electronics Co Ltd recently approached BlackBerry Ltd about buying the company for as much as $7.5 billion, looking to gain access to its patent portfolio, according to a person familiar with the matter and documents seen by Reuters.
South Korea's Samsung proposed an initial price range of $13.35 to $15.49 per share, which represents a premium of 38 percent to 60 percent over BlackBerry's current trading price, the source said.
Executives from the two companies, which are working with advisers, met last week to discuss a potential transaction, the source said, asking not to be identified because the conversations are private.
Shares of Blackberry jumped as much as 30 percent on heavy volume in afternoon trading in New York.
The offer price would imply an enterprise value of $6 billion to $7.5 billion for BlackBerry, assuming conversion of $1.25 billion of convertible debt, according to the documents.
BlackBerry announced a high-profile security partnership with Samsung in November. The partnership will wed BlackBerry's security platform with the South Korean company's own security software for its Galaxy devices.
Representatives for BlackBerry declined to comment while Samsung could not be immediately reached for comment.
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