[ZayDub]

Since the employees are paid partly in stock options and buying the stock (and then not selling it) supports the price of those options, buying the stock does actually support the company. But it is also a way to, hopefully, make money for the investor.

Once a company issues stock, they can care less about the price of the stock, aside from the perception a low stock price can have on their brand.

Buying the stock doesn't support the employee any more than it supports you or me, who may own shares...they just happen to work for the company. Besides, most people who are paid in stock options are doing fairly well anyway -- I doubt they need my support

BBM Channel: C002165D3 Tour 9630 > Bold 9650 > Q10 > Playbook > Classic AND Passport SE!!!

[spiller]

Hey, based on Chen's positive comments re Blackphone recently, anyone think he's going after it?

Posted via CB10

Is the blackphone the same phone that BlackBerry worked with Boeing on? Remember that 'we are working on something with Boeing but I can't say more than that'.

Posted via CB10

[audio_Rx]

Is the blackphone the same phone that BlackBerry worked with Boeing on? Remember that 'we are working on something with Boeing but I can't say more than that'.

Posted via CB10

http://lmgtfy.com/?q=blackberry+boeing+phone

No

Posted via CB10

[b121]

First off, how long ago were your $30-40 stock purchases?
Big pat on the back for your persistence and subsequent recovery. Nice job!

Secondly, I believe we run into a driver's issue with the current chipsets on the market. It's apparently expensive for BlackBerry to stay current with new hardware. Thus another reason for an Android phone. That work is pretty much done by the vendor as BB10 causes an expense. Similar to the app situation, BlackBerry encounters a job Qualcomm won't do for them as the market share is too low (note: Qualcomm benefits from a soon to be good selling Priv).
Similar/same shell running both OS should be an obvious choice for BlackBerry as that makes sense without really needing an explanation.
At the least, I would like to see the Passport chipset run in a Priv for us. Would only require a new mother board using last year's Passport guts.
The Classic could remain unchanged but be upgraded that way also, but incorporating a capacitve touch(full) keyboard . BB10 devices work well off lower internals, therefore the older Passport innards could provide a couple more BB10 iterations for the near future.
This is probably too oversimplified and has some glaring tech reason why it would be a pipedream, but , here's hoping!


Posted via CB10

Thanks for the response awindsr.

I had to logon and check... yikes! In 2011, I bought from high of $56 all the way down to $13, and quite a few times in between. Not proud of it, but didn't pay capital gains tax for a while .

Posted via CB10 (7250 -> 8703e -> 9530 -> 9550 -> 9650 -> 9930 -> PlayBook -> Z10 -> Z30 -> Classic)

[b121]

Ok, I think I didn't explain it well. Let me try again:

All costs for all aspects of the business (software, payroll, office expense, marketing etc) is already in balancesheet that they release every quarter.

Now, we've been told it'd take 5M device sold for BlackBerry to break-even on device side of the business. Upto 5M sales, device sales aren't going to contribute to company's profit. But at 5M sales, they'll stop negatively hurting balance sheet.

So, if we sell 6M devices (1m extra), and make an average of $150 profit per device, that's $37.5M per quarter profit coming from device side of the business.

Would that significantly impact stock price or be like meh?

I think you are over estimating the profit by excluding variable costs.

For simple math, let's say the variable cost of a phone is $100. That means if they sell 1MM units @ $120, they would realize $120MM of revenue and $20MM of gross profit ($120MM - $100MM).

If their fixed costs were $100MM, the first 5MM units are just paying for their fixed cost ($20MM * 5), and hence break even on phones.

However, they would still incur the variable cost on the next million units. The result is $20MM of profit in this example, not $120MM ($120MM - $100MM).

Does this make sense?


Posted via CB10 (7250 -> 8703e -> 9530 -> 9550 -> 9650 -> 9930 -> PlayBook -> Z10 -> Z30 -> Classic)

[chrysaurora]

I think you are over estimating the profit by excluding variable costs.

For simple math, let's say the variable cost of a phone is $100. That means if they sell 1MM units @ $120, they would realize $120MM of revenue and $20MM of gross profit ($120MM - $100MM).

If their fixed costs were $100MM, the first 5MM units are just paying for their fixed cost ($20MM * 5), and hence break even on phones.

However, they would still incur the variable cost on the next million units. The result is $20MM of profit in this example, not $120MM ($120MM - $100MM).

Does this make sense?


Posted via CB10 (7250 -> 8703e -> 9530 -> 9550 -> 9650 -> 9930 -> PlayBook -> Z10 -> Z30 -> Classic)

It makes perfect sense. But come on, variable cost is not going to be 80% of the average selling price.

I was talking about a profit of $150 per device after first 5M devices. So, if average selling price is $450, I am saying $300 is cost (variable, marketing etc) and $150 is profit per device.

The reason I am saying that is because I think I rem reading/hearing their margin was around 40%. So, if average selling price is $450. Then $180 would be margin. I substracted another $30 and made it $150 per device to account for discounts/sales.

Assuming $450 average selling price, margin of 40-ish percent.

First 5M x $450 = $2.25 Billion.
Now we are at break-even point. All fixed costs have been paid.

Now what is the marginal cost of producing 5millionth 1 device? $150? $200? $250? Let's go with $200. And assume further reduction in average sale price to $350 (from $450 at launch).
So, now we have $150 marginal profit.

So, the extra 1m device sales should give us $150M marginal profit.

What am I missing?




Posted via CB10

[_dimi_]

It makes perfect sense. But come on, variable cost is not going to be 80% of the average selling price.

I was talking about a profit of $150 per device after first 5M devices. So, if average selling price is $450, I am saying $300 is cost (variable, marketing etc) and $150 is profit per device.

The reason I am saying that is because I think I rem reading/hearing their margin was around 40%. So, if average selling price is $450. Then $180 would be margin. I substracted another $30 and made it $150 per device to account for discounts/sales.

Assuming $450 average selling price, margin of 40-ish percent.

First 5M x $450 = $2.25 Billion.
Now we are at break-even point. All fixed costs have been paid.

Now what is the marginal cost of producing 5millionth 1 device? $150? $200? $250? Let's go with $200. And assume further reduction in average sale price to $350 (from $450 at launch).
So, now we have $150 marginal profit.

So, the extra 1m device sales should give us $150M marginal profit.

What am I missing?


Posted via CB10

I'm afraid we don't know enough about these special contracts they have with the 2 additional Taiwanese manufacturers. If it's similar to their contract with Foxconnr, most of the revenue should run through BlackBerry, but profit-wise your guess is as good as mine. Perhaps JC was willing to take on more risk regarding inventory this time, but I highly doubt it.. If anyone else wants to shine in, feel free... :-)

Posted via CB10

[_dimi_]

So I see the latest JP Morgan cost cutting as another hate article towards BlackBerry. I hope BlackBerry have secured JP Morgan as a (future) BES12 client. Perhaps they should publish an Inside Blog article stating this and target these employees to go buy the Priv so they can get the best of both worlds.

Posted via CB10

[ZayDub]

So I see the latest JP Morgan cost cutting as another hate article towards BlackBerry. I hope BlackBerry have secured JP Morgan as a (future) BES12 client. Perhaps they should publish an Inside Blog article stating this and target these employees to go buy the Priv so they can get the best of both worlds.

Posted via CB10

JPM uses Good...which is now owned by BlackBerry

BBM Channel: C002165D3 Tour 9630 > Bold 9650 > Q10 > Playbook > Classic AND Passport SE!!!

[Superfly_FR]

Is the blackphone the same phone that BlackBerry worked with Boeing on? Remember that 'we are working on something with Boeing but I can't say more than that'.

Posted via CB10

BlackBerry did help to secure the Boeing Black Smartphone.
Interestingly enough :
1/ It probably helped to create the Priv extra security implementation
2/ Chen didn't mention it when referring to "most secure" Android devices (only Samy knox and BP)

[masterful]

JPM uses Good...which is now owned by BlackBerry

BBM Channel: C002165D3 Tour 9630 > Bold 9650 > Q10 > Playbook > Classic AND Passport SE!!!

Even with their compliance department? That is odd...a lawyer should know better.

#BBFactCheck

[b121]

It makes perfect sense. But come on, variable cost is not going to be 80% of the average selling price.

I was talking about a profit of $150 per device after first 5M devices. So, if average selling price is $450, I am saying $300 is cost (variable, marketing etc) and $150 is profit per device.

The reason I am saying that is because I think I rem reading/hearing their margin was around 40%. So, if average selling price is $450. Then $180 would be margin. I substracted another $30 and made it $150 per device to account for discounts/sales.

Assuming $450 average selling price, margin of 40-ish percent.

First 5M x $450 = $2.25 Billion.
Now we are at break-even point. All fixed costs have been paid.

Now what is the marginal cost of producing 5millionth 1 device? $150? $200? $250? Let's go with $200. And assume further reduction in average sale price to $350 (from $450 at launch).
So, now we have $150 marginal profit.

So, the extra 1m device sales should give us $150M marginal profit.

What am I missing?




Posted via CB10

Cool. Yes, we are saying the same thing. I was using simple math vs actuals. If they can generate that much revenue and profit, we should see a nice appreciation in the stock price. I'm assuming that the street is waiting for revenue to stabilize and some evidence the priv will sell at those volumes.

If we see a strong launch and 1-1.5MM devices in that first quarter, perhaps analysis will adjust their financial models.

Posted via CB10 (7250 -> 8703e -> 9530 -> 9550 -> 9650 -> 9930 -> PlayBook -> Z10 -> Z30 -> Classic)

[Christophe Piquemal]

Well, if you want to sell 5M Priv in a year, you need to do the great part in the first and second quaters... Nobody buys today a 1 year old phone.

[Corbu]

BlackBerry Appoints the Honourable Wayne G. Wouters to the Board of Directors

[bungaboy]

OT: Twitter cutting staff as CEO Dorsey looks to revive growth

"Twitter Inc will lay off up to 336 employees, or about 8 per cent of its workforce, as co-founder Jack Dorsey readies to revive growth in the microblogging service provider’s user base in his second stint as chief executive.

The layoffs, primarily in the company’s product and engineering functions, come a week after Dorsey took over as permanent CEO."


Twitter cutting staff as CEO Dorsey looks to revive growth - The Globe and Mail

[Superfly_FR]

Nice !


OT: finally got my 40 HALO @ $13.95. Needless to say that commissions added, I'm in the $14.4 effective price
But I'd guess I'm gonna hold these for a while and it's currently trading $14.11 so ... should be fine !

[gedob]

BlackBerry Appoints the Honourable Wayne G. Wouters to the Board of Directors

So he's the one who named the new phone. "He was inducted as a member of the Privy Council in 2014."

[Uzi]

BlackBerry Appoints the Honourable Wayne G. Wouters to the Board of Directors

So he's the one who named the new phone. "He was inducted as a member of the Privy Council in 2014."

Good catch

[Corbu]

Android Security Roundup: Mobile Security Spending. Mobile Natives | Inside BlackBerry for Business Blog

+ somehow related:
http://www.rcrwireless.com/20151005/...-roundup-tag11

[bbjdog]

BlackBerry did help to secure the Boeing Black Smartphone.
Interestingly enough :
1/ It probably helped to create the Priv extra security implementation
2/ Chen didn't mention it when referring to "most secure" Android devices (only Samy knox and BP)

We also have to remember that Boeing is a BES12 client. Therefore the Black phone is secure and hence JC comment's.

[Corbu]

MERCEDES AMG PETRONAS - LEWIS TO ANSWER MORE OF YOUR QUESTIONS IN OUR SECOND LIVE Q&A VIA THE TEAM?S BBM CHANNEL

[bbjdog]

Thumbs up for Passport user!

http://blogs.blackberry.com/2015/10/...p-of-her-game/

[La Emperor]

Interesting..
Google-funded study reveals Android security is a total disaster.

https://www.yahoo.com/tech/s/google-...154452572.html

[sidhuk]

Thumbs up for Passport user!

Q and A: BlackBerry Passport Keeps Electronic Arts Manager On Top Of Her Game | Inside BlackBerry

"My Passport has taken the place of my digital camera. I use it for all of my event pictures, which are then used on our company’s various blogs, press releases and more. The images are of such brilliant quality; they truly help us highlight what we do in Canada in terms of our Outreach projects."

[cjcampbell]

OT - Hey Morgan.... you still propping HALO at $13.50?

Posted via CB10

Edit - apparently not lol