In the last quarter, Blackberry could only sell 3.7 million phones. Apple sells 9 million phones in a weekend and the iphone 5S is just an iphone 5 with a better camera and a finger print sensor:
Tell me something. Blackberry has 72 million subscribers. They come out with the best hardware/software package in the history of the company and they can only sell 3.7 million phones.
Are current Blackberry users that cheap? I still see lots of BB users rocking old Pearls and 8000 series Curves with a trackball. Are these people in a time warp? Yet they tell me how they love Blackberries and want them to stay in business. I don't get it.
The artificial write-down orchestrated to enable the low-ball bid by Fairfax Financial Holdings Limited. Thorsten and Prem must have been conspiring for quite some time and the BlackBerry Board of Directors sanctioned it.
The artificial write-down orchestrated to enable the low-ball bid by Fairfax Financial Holdings Limited. Thorsten and Prem must have been conspiring for quite some time and the BlackBerry Board of Directors sanctioned it.
Posted via CB10 from the BlackBerry Z10
I think you are on to something! They write down $1 billion worth of phones to $0???
Why didn't they have a fire sale to clear the inventory channel. Blackberry, unlocked, no contract, $400. BAM! You have $400 million dollars and a million new subscribers.
They should have used a nano SIM card in their new hardware so that the Berry Curious on iphones could give it a try, Even the new Motorola X uses a nano SIM. Because Google gets it.
The artificial write-down orchestrated to enable the low-ball bid by Fairfax Financial Holdings Limited. Thorsten and Prem must have been conspiring for quite some time and the BlackBerry Board of Directors sanctioned it.
Posted via CB10 from the BlackBerry Z10
This is why, if it's sold these dudes get the loot, then blow town. Laughing at all the unemployed Canadians on the new long haul Biz Jet. And that's the truth!
Good job PW and BOD!
Frank Boulben, chief marketing officer: $7.7 million U.S. Dollar France
Kristian tear, chief operating officer: $7.4 million U.S. Dollar Sweeden
Brian Bidulka, chief financial officer: $6 million U.S. Dollar Canada
Steven Zipperstein chief legal council: $9 million U.S. Dollar USA
Thor Heins, CEO: $55+ million U.S. Dollar Germany
Blackberry is valued at $4.7 billion. But they have $2.6 billion in cash, so the net price is $2.1 billion. Fairfax pays $4.7 billion but immediately grabs the cash reducing the net cost to $2.1 billion. They then sell the patents for say $3.1 billion making a cool $1 billion profit. Then it is Business Jet time and Aloha suckers!!!
This is why, if it's sold these dudes get the loot, then blow town. Laughing at all the unemployed Canadians on the new long haul Biz Jet. And that's the truth!
Good job PW and BOD!
Frank Boulben, chief marketing officer: $7.7 million U.S. Dollar France
Kristian tear, chief operating officer: $7.4 million U.S. Dollar Sweeden
Brian Bidulka, chief financial officer: $6 million U.S. Dollar Canada
Steven Zipperstein chief legal council: $9 million U.S. Dollar USA
Thor Heins, CEO: $55+ million U.S. Dollar Germany
Each of these clowns should get their money and go .. the only stipulation I would make would be that they get their millions in the form of unsold Z10 inventory rather than cash ...
