[rim_investor]

I think Bernstein analyst is overreacting. Please see link below for BlackBerry current and historical financials from the Globe and Mail. They have had negative cash flow in several quarters over the past 5 years...especially in Q2s.
http://www.theglobeandmail.com/globe...ncials/?q=BB-T

Posted via my AWESOME Z10 on CB10

[Blacklatino]

Ok, even if that were true, there's a reason for going from an exploratory to the company trying to sell ASAP..

[BigBadWulf]

Ok, even if that were true, there's a reason for going from an exploratory to the company trying to sell the company.

Stop the logic, you hater.

OP, there's hope for the future, but trying to slap enough lipstick on the financials to make it look good is impossible.

[Dunt Dunt Dunt]

I think Bernstein analyst is overreacting. Please see link below for BlackBerry current and historical financials from the Globe and Mail. They have had negative cash flow in several quarters over the past 5 years...especially in Q2s.
BlackBerry Limited Stock Quote - The Globe and Mail

Posted via my AWESOME Z10 on CB10

With the amount of CASH they have, if they could stop the write downs and at least keep sales on track with where they are now, they would last a little while....

But at this point with the uncertainty of "will device's be available", "will services like BES, BIS, NOC, BBM work in the near future". Sales that have been sluggish at best will take a nose dive - both in hardware and software. Service revenues are going to continue to shrink each month as more and more legacy users leave BlackBerry, and as more enterprise customers leave legacy BES and go with a different platform.

So the question becomes, even with a buyout and going private. What would it take to rebuild confidence in the Brand to get people to buy whatever BlackBerry decide they can sell? What is their liability in servicing existing hardware and software customers? What size company could expected revenues support? How do you tell the people you have that wages will have to be cut to reflect that new company? Where do you get the new executive and management that can do the job, but at the price this new smaller company can afford? Is this "new" business model a long term solution, or will it only be short term?

A lot of people here have said that "BB has 3 Billion in the bank and they have been growing their business and making a profit each quarter, so no worries"..... and all of that was true a year ago. The problem they didn't understand was we are talking about an industry where most people have a new device every 1, 2 or 3 years. So that gives you an indication of just how fast things can fall apart on you. The US falling out of love with BlackBerry wasn't a nationalistic thing, it wasn't the media or anything else. It was in response to an inferior product, and as other markets have been exposed to Android devices and more mature networks.. they are just coming to the same conclusion.

They have very little time left, no matter what the historical financial might "indicate".... this company has never experienced a past situation where no one was buying their devices.

[sleepngbear]

Not bad? Compared to what, Enron?

[fin2007]

Finance is not bad, but it has no future.

Right now both hardware/service revenue are downing 10%+ quarter by quarter in several quarters in a row now, and it seems the service revenue down trend will surely continue.

I do not see how the new owner could really turn around the company by just selling hardware.

In the hardware business, if your sell volume is less than 10M per quarter, there is no hecking way you can be profitable from selling phones.
BBRY's software business could only support a 300 employee company.

[njblackberry]

Pump and dump?
Good Enron comparison. Or maybe WorldCom.

[Shanerredflag]

Is that Worldcom guy out of jail yet?

Posted via CB10

[m1a1mg]

Is that Worldcom guy out of jail yet?

Posted via CB10

Not even close.

Hey, isn't he a Canadian by birth?

[danprown]

Said no one.

Except Morgan from the Stockberrians.