[bungaboy]

It's almost trollthirty here. Come out, come out, wherever you are.

[bungaboy]

Duck!

BlackBerry misses by $0.24, misses on revenues • 7:03 AM
• BlackBerry (BBRY): Q3 EPS of -$0.67 misses by $0.24.
• Revenue of $1.2B misses by $0.38B.

[Bilaal]

Shares up 15 cents, 2.4%

[howarmat]

BlackBerry Earnings Q3 2014 | BGR

[morlock_man]

Gapping up to 6.40 in the PM.

[Corbu]

You guys seen this?
BlackBerry Announces Five-Year Strategic Partnership With Foxconn - Yahoo Finance

[leafs123]

Trading has been halted. That number is before the results came out.

[bungaboy]

Open the flood gates . . . . . Mods gonna be busy!!!

[morlock_man]

You guys seen this?
BlackBerry Announces Five-Year Strategic Partnership With Foxconn - Yahoo Finance

Avoiding manufacturing in China. Interesting.

[bungaboy]

Trading has been halted. That number is before the results came out.

And they said the "leaks" have been stopped. LoL

[leafs123]

Trading resumes at 7:30.

[morlock_man]

So... BBRY finally partners with a large scale manufacturer that can supply the device numbers they need, but still retain creative, design and quality control over their product.

This is going to be a very interesting day.

Speaking of leaks, I can't wait to install the new BB10 leak, even if it's just minor performance increases.

[bungaboy]

You guys seen this?
BlackBerry Announces Five-Year Strategic Partnership With Foxconn - Yahoo Finance

Timing . . . to lessen Q3 fallout?

[Corbu]

BlackBerry posts massive $4.4-billion loss, revenue plunges - The Globe and Mail

[morlock_man]

Timing . . . to lessen Q3 fallout?

They still have a cash position of $3.2 billion. Their cash position and current market cap are near equal, so the market is stuck saying they're worth nothing more than the money they have in the bank.

[bungaboy]

You guys seen this?
BlackBerry Announces Five-Year Strategic Partnership With Foxconn - Yahoo Finance

Added text.

BlackBerry Announces Five-Year Strategic Partnership With Foxconn

Companies Strike Joint Development and Manufacturing Agreement Indonesia Targeted for First Joint Product in Early 2014
Marketwired
BlackBerry

WATERLOO, ONTARIO--(Marketwired - Dec 20, 2013) - BlackBerry Limited (BBRY)(BB.TO), a global leader in wireless innovation, announced today that it has entered into a five-year strategic partnership with Foxconn, the world's largest manufacturer of electronic products and components. The initial focus of the partnership will be a smartphone for Indonesia and other fast-growing markets targeting early 2014.

"This partnership demonstrates BlackBerry's commitment to the device market for the long-term and our determination to remain the innovation leader in secure end-to-end mobile solutions," said John Chen, Executive Chair and CEO of BlackBerry. "Partnering with Foxconn allows BlackBerry to focus on what we do best - iconic design, world-class security, software development and enterprise mobility management - while simultaneously addressing fast-growing markets leveraging Foxconn's scale and efficiency that will allow us to compete more effectively."

Under the partnership, Foxconn will manufacture products for BlackBerry at facilities in Indonesia and Mexico. BlackBerry will own all of its intellectual property and perform product assurance on devices through the Foxconn partnership, as it does currently with all third-party manufacturers.

"BlackBerry is an iconic brand with great technology and a loyal international fan base," said Terry Gou, Founder and Chairman, Foxconn. "We are pleased to be working with BlackBerry as it positions itself for future growth and we look forward to a successful strategic partnership in which Foxconn will jointly develop and manufacture new BlackBerry devices in both Indonesia and Mexico for new and existing markets."

BlackBerry will focus heavily, via internal development, on market segments where its continuous innovations in secure hardware, software and services remain critical and integral to enterprise and government customers. BlackBerry will also drive adoption of its multi-platform BBM (BlackBerry Messenger), deliver real-time, reliable and secure messaging through its Network Operations Center (NOC), and grow its enterprise mobility and mobile device management business through on-premise and cloud-based solutions for cross-platform devices as well as its own.

[silversun10]

Now you get to see why the deal fell through and the effect of all hoopla surrounding it. Now that is water under the bridge. Once the share price settles down, it will be time to focus on the new plans, that seem to make sense.

[the_sleuth]

Positives:
Only burned through $400 mil in cash not $500 Mil to $2.4 Bil as some wall street analysts' predictions.

$3.2 Bil in cash

Over 40 Mil BBM active users on iOS and Android

Good luck longs! SP action today will be interesting

[bungaboy]

BlackBerry posts massive $4.4-billion loss, revenue plunges - The Globe and Mail

The numbers were expected to be ugly, and aside from the sharp shortfall in revenue, there were actually two bright lights for investors to ponder: the company had $3.2-billion in cash at the end of the quarter. Factoring out the $1-billion it raised in a recapitalization effort last month, it burned through $400-million in the last quarter, lower than some analysts had expected.

The company also revealed it had signed up 40 million new users of its popular BlackBerry Messenger service since launching versions for Android and Apple smartphones this fall. The company also promised to unveil new technology from its QNX software division at next month’s International Consumer Electronics Show in the automotive and cloud services space.

[morlock_man]

Only minutes left until we get to see how the market reacts.

[Corbu]

Only minutes left until we get to see how the market reacts.

And how JC handles his first ER.

[morlock_man]

BOOM!

Market thinks they're worth less than the money they have in the bank.

See what Chen does in the Call.

[bungaboy]

The loss, which amounted to $8.37 per share, was largely related to $4.6-billion in non-cash, pretax writedowns to the company’s long-lived assets, inventory, supply commitments and its previously announced restructuring program.

[Corbu]

Call me crazy but could it be that we'll hit bottom with this ER and that things will start looking up looking forward? Let's meet again on Dec. 20 2014!

[Signhere]

Ahh, I hate that sick feeling in my gut on these EA days. This is my 4th and it stings. Still holding though. Sun has got to break through the clouds sometime.

BB