BlackBerry sell in 890,000 BB10 devices (-14% YOY) | Total user base down 34% YOY
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Posted via Z30eyesopen1111 likes this.07-03-15 08:37 AMLike 1 -
- Just a quick update to say that BlackBerry have sold in approximately 1.58m BlackBerry 10 smartphones for the six month period ending August 29th 2015. This is compared to the around 2.44m BlackBerry 10 smartphones sold to retail during the same period last year. OS7 smartphone shipments have dropped considerably year on year with only 0.32m shipped in the last 6 months compared to 1.26m during the same period last year. Total smartphone shipments are down 49% year on year.
The Installed base of BlackBerry users now stands at 30 million which is down from 46 million compared to the same time last year. (-35%)
Hardware revenue continues to decrease and is unable to be offset by increasing software and services revenue leading to a 39% decrease YOY in total revenue generated for this 6 month period.
Apologies I wasn't able to update at the beginning of October when this news came out.
The next set of results will account for the first month sell in of the "BlackBerry Priv", the company's first Android based smartphone.11-10-15 04:59 PMLike 6 - The devices are not sold in stores. That's the main reason they can't sell in big quantities. A large number of people go into stores and ask for advice on which phone to buy next. If there are no BlackBerries in the store or if the reps aren't willing to sell them, they will never sell in big numbers again.
Also, I was under the impression that they have sold out of BBOS 7.1 devices and weren't going to make any more ever again. Hence, there will be no more BBOS sales from now on. That's really crazy, if there are still people willing to buy them.11-10-15 06:34 PMLike 0 - One of the statements that John Chen keeps mentioning is that he intends to grow the business also via inorganic growth.
He is looking for deals to bring in revenue via potential purchases. Good Technologies and the other companies they have purchased are going to bring in perhaps $200-300 mil in revenue.
On a recent Bloomberg or CNBC interview he might have mis spoken but it almost appeared to suggest he was looking at Mobile Iron as a buy. The interviewer had mentioned the buyout of of their competitor "Mobile Iron" when in fact he should have said Good Technologies. John Chen corrected him and said something along the lines of "Mobile Iron makes sense too"
Given the balance sheet and the fact that they are at least financially stable now they are looking to buy.
If the Priv is successful only moderately then a decent little hardware business on top of software, services and IOT could make for growth over the next 12-24 months.
Just my personal opinion
Posted via CB1011-10-15 06:39 PMLike 0 - Why is this US only though. Are apps not used outside of the US? Is the US market an anomaly? No it was simply the leading indicator and trend setter for the entire smartphone market. While BlackBerry spent all that time selling cheap phones in developing markets and ignoring the US and telling Verizon LTE was a stupid idea, Android devices were getting cheaper, and networks in developing markets getting better. Now BlackBerry is getting decimated in all markets globally and people expect apps on their phones. Chen told developers to pound sand.
Posted via Z30
Fast forward to the Chen era. I had suggested at the time when run time became available to users (way too late) that BlackBerry needed an Android app store - not this ported stuff.
I thought at the very least, BlackBerry should have offered Android APK's (the same as Google Play store minus GPS) in the BBW store. That would have been preferable to Amazon.
I think that BB10 might have tenable if BlackBerry would have had a Android store and if they would have had a good all touch phone at a reasonable price.11-10-15 06:55 PMLike 0 - Glad it's useful
But as you can see the number being sold in is considerably down compared to last year, 320,000 units out of around 650m smartphones sold in the last 6 months isn't anything worth noting.
One of the statements that John Chen keeps mentioning is that he intends to grow the business also via inorganic growth.
He is looking for deals to bring in revenue via potential purchases. Good Technologies and the other companies they have purchased are going to bring in perhaps $200-300 mil in revenue.
On a recent Bloomberg or CNBC interview he might have mis spoken but it almost appeared to suggest he was looking at Mobile Iron as a buy. The interviewer had mentioned the buyout of of their competitor "Mobile Iron" when in fact he should have said Good Technologies. John Chen corrected him and said something along the lines of "Mobile Iron makes sense too"
Given the balance sheet and the fact that they are at least financially stable now they are looking to buy.
If the Priv is successful only moderately then a decent little hardware business on top of software, services and IOT could make for growth over the next 12-24 months.
Just my personal opinion
Posted via CB10
When the declining part of the organisation still accounts for 81% of the overall business in terms of revenue then that means that BlackBerry need to find a way to slow that decline as the software and services division continues to grow. I don't see the Priv being able to do that and honestly with OS7 shipments about to be discontinued and more users migrating away from OS7 I'd expect revenue and shipments to continue declining through this fiscal year and into the next.11-11-15 06:34 AMLike 2 - One of the statements that John Chen keeps mentioning is that he intends to grow the business also via inorganic growth.
He is looking for deals to bring in revenue via potential purchases. Good Technologies and the other companies they have purchased are going to bring in perhaps $200-300 mil in revenue.
On a recent Bloomberg or CNBC interview he might have mis spoken but it almost appeared to suggest he was looking at Mobile Iron as a buy. The interviewer had mentioned the buyout of of their competitor "Mobile Iron" when in fact he should have said Good Technologies. John Chen corrected him and said something along the lines of "Mobile Iron makes sense too"
Given the balance sheet and the fact that they are at least financially stable now they are looking to buy.
If the Priv is successful only moderately then a decent little hardware business on top of software, services and IOT could make for growth over the next 12-24 months.
Just my personal opinion
Posted via CB10
Posted via CB1011-11-15 06:56 AMLike 0 -
Cause I agree without REAL marketing to let people see the phone and know it exists... I'm not sure how they expect anyone to recognize it when it comes time to buy a new phone.
Get some inventory built up. get additional retailers and carriers on board, drop the price $100 and do some marketing..... who knows where that could lead.11-11-15 07:27 AMLike 2 - Have to hope that for some reason BlackBerry is just testing the waters, before jumping in.
Cause I agree without REAL marketing to let people see the phone and know it exists... I'm not sure how they expect anyone to recognize it when it comes time to buy a new phone.
Get some inventory built up. get additional retailers and carriers on board, drop the price $100 and do some marketing..... who knows where that could lead.
It's like hunting for wild boar11-11-15 10:13 AMLike 0
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BlackBerry sell in 890,000 BB10 devices (-14% YOY) | Total user base down 34% YOY
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