- 07-17-13, 08:12 AM #2
- 07-17-13, 09:07 AM #3
Wish I could say it is surprising but after my two weeks with the Q10 I see why.
Missing too many key features and is not ready for prime time. Sad really because I am still wanting Blackberry to do well but the company is too disorganized and is led by incompetent management.
- 07-17-13, 11:04 AM #9
*these are just my assumptions, I could be 100% incorrect
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- 07-17-13, 11:48 AM #10
- 07-17-13, 12:30 PM #12
Blackberry sold less than 1M bb10 phones per month last quarter. This setback isn't to make up for the "double production" which makes it now "normal production". No, it's because bb10 is selling less than 1M o'er month, so they're producing accordingly for the extremely subpar demand. Bb is clearly toast.
- 07-17-13, 12:36 PM #14
As I've said before, when they were allegedly "king of the world" at the time of the iPhone launch in 2007, they had a grand total of 8 million users. 8 Million! That's it. The stock was roaring, they were the darling of the tech industry.
Now they're running at more or less a million a month and they're toast?
People seem to think that there's nothing RIM can do to downsize, upsize, focus etc to keep the company going. "if they don't outsell Apple or Google, they're dead" apparently.
- 07-17-13, 12:41 PM #15
As to your last paragraph, I didn't say I expected them to sell more than Google or Apple. But thanks for not mentioning windows phone. I took the courtesy of mentioning them for you, and to remind you that they overtook 3rd place to take BBRY down to 4th. WINDOWS PHONE = SAD.
This is not even personal opinion. This is just fact. As I said, take off your blinding glasses and make a more substantial argument, if you can.
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- 07-17-13, 12:50 PM #16
Again, I own multiple devices from multiple vendors and I use all of them daily.
[QUOTE]They made a loss last quarter[/QUOTE
They made a loss of $84 million on revenue of over $ 3 billion dollars. By most standards, that's 'near breakeven" territory. Not a good trend, but this is not the same thing as - say - a $1.5 billion dollar loss, that ate up all their cash, caused them to take on billions in debt to keep the doors open etc.What you didn't mention is how they lost another 4M subscribers last quarter.You realize that windows phones beats the heck out of that number per month? You realize how sad that is?
- CrackBerry Abuser
07-17-13, 12:54 PM #17
- 425 Posts
[QUOTE=RubberChicken76;8840278]LOL - don't be ridiculous. That's another thing I don't get about this forum. If someone has a problem, the fanboys yell, "TROLL!". If someone doesn't see the sky as collapsing, the haters yell, "Take Off Your Rose Coloured Glasses, Fanboy!!!"
Again, I own multiple devices from multiple vendors and I use all of them daily.They made a loss last quarter[/QUOTE
They made a loss of $84 million on revenue of over $ 3 billion dollars. By most standards, that's 'near breakeven" territory. Not a good trend, but this is not the same thing as - say - a $1.5 billion dollar loss, that ate up all their cash, caused them to take on billions in debt to keep the doors open etc.
Because it wasn't relevant to what I was saying. It's relevant if BlackBerry stays the same size, and losses continue to grow and all sorts of other things happen. It doesn't mean that BlackBerry can't further downsize, focus on specific niches, be bought, merge etc. etc. etc.
With multiple manufacturers and one of the biggest companies on the planet pushing Windows Phone yet struggling to sell volume? I think they have their own concerns.
There is about 100x room for improvement so who knows where it goes from here.
- 07-17-13, 01:00 PM #18I'm sorry but I agree iwth the poster above. No matter what picture you paint, BlackBerry 10 is wildly unsuccesful. Nuff said at that.
When the iPhone came out, and everyone thought RIM was the belle of the ball, they were a much smaller company with much smaller userbase in a much smaller market ... and everyone thought they were the greatest thing since sliced bread.
Now, with a much larger user base, a much higher run rate than they had then, they are "dying". I'm not saying, "they are in line to take over the universe". Nor am I saying "BlackBerry 10 is a resounding, company saving success at its current trajectory". I'm saying it's a bit melodramatic to say they are "doomed".
I'd be more convinced of that if the userbase had fallen by 50 million users, if they had just bled a billion in red ink and all the bills were past due because the company had maxed out their credit.
I think they have a bit of time to try and right the ship still. My gut is that Thorsten is readying the company for sale.
There's a quote I remember from the engadget podcast when BlackBerry 10 came out that I thought described the situation. It went something like,
"RIM is not out of the woods, nor is there really anything here that will cause Android and iPhone users to flock to BlackBerry 10 or return them to the number 1 spot. But what this does do is at least buy them some time."
What would have happened, for example, if BlackBerry decided to release Bold 9950 and Torch 9890 devices instead the Z10 and Q10? What would the numbers be like? What would the losses be like? Would would the customer sentiment be like?
My gut says they'd be dead. My gut also says that the BlackBerry 10 lineup is doing well enough that they'll live to enough to get BlackBerry 11 to market and/or be bought by a bigger company
- 07-17-13, 01:11 PM #19
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- 07-17-13, 01:23 PM #20
Here's a game console example:
I loved Sega consoles. I loved the Master System. I loved the Genesis. I loved the Dreamcast. But Sega didn't do well enough to be able to keep going in this business and jettisoned it.
If BlackBerry suddenly has to do a massive dump of 95% of its employees so it can only do MDM and BBM, that would suck. But I'm not worried about them vanishing from the device front tomorrow.
- 07-17-13, 02:10 PM #22
8 million users out of??? You do realize that current smartphone market is way bigger than it used to be in 2007, right?
Food for thought: What we may will never know is how many people, from the existing BB user base, have more than one device in their hands which is not another BB and the only thing that keep them going with BB is the BBM. The next 2-3 months after the launching of BBM for iOS and Android is surely interesting to observe and I'm afraid we're not going to hear good news for the BB that we know and love at the moment.
- 07-17-13, 02:36 PM #23
But that's also not the point as I've said above. People get too worked up about assuming 'imminent doom' sometimes.
- 07-17-13, 02:52 PM #24
People say BB is dying relative to how the market is today, in 2013. Apple and Android phones combine to control 90% of the USA market: Apple, Android combine for almost 90% of U.S. smartphone market - Los Angeles Times
So you look at that % figure, plus sales figures from each platform, and the BBRY stock and it is hard to be positive about this company.
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