Interesting bit about chips used in BlackBerry phones.
BlackBerry uses $QCOMM chips very differently than rest of industry. Adding unique security to the base level - $BBRY CEO John Chen".
Posted via swift BlackBerry ? Z30!
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Interesting bit about chips used in BlackBerry phones.
BlackBerry uses $QCOMM chips very differently than rest of industry. Adding unique security to the base level - $BBRY CEO John Chen".
Posted via swift BlackBerry ? Z30!
You're being "c0cky" now. LoL :rotfl:
Best testimonial EVER."We are already starting to turn on our machine to now hire people," said Chen, adding that any headcount growth is likely to be moderate for now. "I want to make sure that we don't get carried away and get ourselves into trouble again financially, but then again, we do need to invest in certain areas, if we want to compete in the future," said Chen, a well regarded turnaround expert in the technology industry, who took the reins at BlackBerry some nine months ago.
JC making all of the right moves. Now we have a fully encrypted end to end product. Messaging, email, voice, it is a powerful offering and no one is even close.
Black phone is arguably the closest but still miles off and do not have the NOC.
Secusmart acquisition was the logical progression.
I'm happier with my investment now, than I have been in the past.
Posted via CB10
“We are always improving our security solutions to keep up with the growing complexity of enterprise mobility, with devices being used for more critical tasks and to store more critical information, and security attacks becoming more sophisticated,” Mr. Chen said in unveiling the deal.
“The acquisition of Secusmart underscores our focus on addressing growing security costs and threats ranging from individual privacy to national security.”
I also liked this:
“We do have some challenges in the North American markets. We know that” – John Chen
OT: But Security Related
Chinese hacked government computers, Ottawa says
Chinese hacked government computers, Ottawa says - The Globe and Mail
10:30 like a swiss clock. HFT computers don't read the news ... I wish I had some cash left ...
Attachment 287612
edited. Sorry
Not quite sure even those who read the news behave differently these days, unfortunately...
Im really starting to tire of this consistent 1% drop off at 10:30. Either we are the most manipulated stock on the market, or there is something seriously wrong with BlackBerry that we are missing. Positive ER, positive news, raised price points and no corresponding lowerings, and yet we are still negative....:mad:
I lol'ed ... really loud. John, we love you (biblic sense ;)).
Attachment 287615
Patience is our karma. Waiting to turn it into reward is our glory !
Interesting. From the securesmart website:
Will be interesting to see, which parts BlackBerry will uphold. Will they step into the telephone systems market?Examples of Forward-Looking Developments
- Secure telecommunication without the Secusmart Security Card
- Operating systems with encryption
- Secure telephone conferences
- Competely encrypted telephone systems
- Landline telephones with integrated protection
BlackBerry Buys Anti-Eavesdropping Tool Used by Merkel - Bloomberg
BlackBerry Ltd. (BBRY), pushing further into security services, agreed to buy Secusmart GmbH, a provider of anti-eavesdropping technology whose clients include German officials such as Chancellor Angela Merkel.
Secusmart, a Dusseldorf, Germany-based company that already had a partnership with BlackBerry, makes voice and data encryption for mobile phones. Financial terms weren’t disclosed. The acquisition is BlackBerry’s first since the hiring last November of Chief Executive Officer John Chen, who vowed to cut losses by focusing on services to corporations and governments.
Now, having stabilized the Waterloo, Ontario-based company, Chen said in an interview yesterday that he’s laying the groundwork for hiring and sales growth. With Secusmart, BlackBerry aims to capitalize on demand for spy-proofing technology in the wake of revelations about U.S. government surveillance tactics, including allegations that Merkel’s mobile phone was tapped.
The deal is still subject to regulatory approval. Chen said he’s confident Germany will approve the sale, especially since the government already uses BlackBerry phones and software.
At a time of backlash against U.S. companies, including the German government’s decision not to renew a Verizon Communications Inc. contract, Chen said it doesn’t hurt being a Canadian company.
“Canadians are very neutral, as you know,” said Chen, who grew up in Hong Kong and is a naturalized U.S. citizen. “Canadians always do business with everybody else and it’s fine.”
More Orders
Germany’s government has already distributed about 3,000 encrypted smartphones made by BlackBerry to federal officials, and has plans to order more such devices, Tobias Plate, a spokesman for the Interior Ministry, said yesterday at a news conference in Berlin.
Last month, Germany’s top prosecutor said it would start a formal investigation into whether U.S. intelligence agents tapped Merkel’s phone. The White House has said agents aren’t spying on Merkel and has pledged not to do so in the future.
Chen’s goal is to return BlackBerry to profitability by the company’s next fiscal year, which ends in March 2016. The company is seeking to counter declining demand for its phones by focusing on supplying software and hardware to customers in regulated industries such as finance, government, health care and law, which have higher standards for security and risk management.
Hiring Again
BlackBerry announced plans to fire 4,500 employees, or a third of its workforce, less than two months before Chen took over as it tried to streamline the business for a buyout deal that eventually fell through. As the turnaround plan unfolds, Chen said he’s ready to start hiring again, with a focus on sales, software development and customer care.
“I have a plan to start slowly adding headcount into the company, and now we’re in that phase,” Chen said.
While BlackBerry shares are up 34 percent this year through yesterday with Chen at the helm, other technology companies are eyeing the same corporate niche he’s going after. BlackBerry fell less than 1 percent to $9.91 at 10:33 a.m. New York time.
This month, Apple Inc. and International Business Machines Corp. said they would work together to develop mobile applications for businesses. BlackBerry dropped 12 percent the day of the announcement.
“I’m paying a lot of attention” to the partnership, Chen said. “I’m giving them due respect that they could get something done, although they’re going to have to come from way behind,” he said.
Part of his plan to stay ahead might include acquisitions, he said. Areas BlackBerry is interested in include server technology and identity management, Chen said.
Still, he said he’s being careful not to risk too much in potential deals.
“It’s not, ‘Because the future is so bright, I’ve got to bet the farm,’” he said. “I’m a very safe, conservative guy.”
From the front page of CB re: Blackberry Guardian
"Today, in NYC at the BlackBerry Security Summit, BlackBerry has announced that program will now extended to Android apps available from the Amazon Appstore and other sources when it arrives with BlackBerry OS 10.3 officially."
What are the other sources of Android apps....itune?????? lol
My ex-wife has destroyed my patience... and my wallet lol.
oh love it! let me train my nasty rooster (he doesn't do much than run after the seven hens)
“PATIENCE YOU MUST HAVE my young padawan” :D ;)
Why would Blackberry buy this company?
I thought that they were already secure?:eek:
You just made me want to go home and play Star Wars The Old Republic hahaha. Needed that laugh! :D
Ladies and Gentlemen.
The JC in action.
Attachment 287620
Posted using Z30. Best of the best Smart phone in the world.
Wells Fargo Boosts BlackBerry Estimates - Tech Trader Daily - Barrons.com
BlackBerry (BBRY) may not have any suitors lined up, but Wells Fargo’s Maynard Um is feeling more confident after meetings with management.
Um maintained a Market Perform rating on the stock, but increased his valuation range by $1, to $9.50 to $10.50, and increased his fiscal year 2015 and 2016 per share results to a loss of 58 cents and 27 cents, respectively, from a loss of 88 cents and 82 cents previously, mostly on what he sees as higher average selling prices for BlackBerry’s hardware, higher BB10 device margins and additional incremental subscribers.
Um, like CEO John Chen, sees a sale of the company less likely in the near future, and thus believes that the company will look for other strategic alternatives, including more restructuring and divestitures, which could lead to more upside.
Still, there’s enough uncertainty to keep Um on the sidelines: “While we believe that there is opportunity for multiple expansion driven by gross margin expansion and are incrementally more bullish, visibility to materially more upside to FY16, at the moment, in our opinion, is limited given the number of moving parts to FY16 profitability.”
Read more highlights from his note:
- Management is confident in their cash flow breakeven target by YEFY15: Based on discussions, the company has several levers to drive cash flow: 1) New device mix shift to enterprise phones (higher margin, ASP, and cash flow), 2) Lower acq of intangibles ($100mn/qtr lower after Nov. qtr), 3) Working capital relief from Foxconn deal related, 4) room to lower OpEx if needed (granted new products will likely see some uptick in sales/marketing). BBRY reinforced that it has many different scenarios to get to cash flow breakeven and remains confident that it will not fall below $2.5B in cash (including ongoing cash burn and investments) and has accounted for punitive scenarios related to lower sales, margin and higher OpEx to calibrate guidance.
- New product cycle key to hardware: The launch of Passport/Classic in Sept/Nov, respectively, are important. While service revs will decline as BB10 hardware is sold (expected to be offset by higher software rev), these devices are higher margin than the Z3 and offer inventory relief that help decrease hardware segment losses and benefit cash flow. Given these devices are for higher-end enterprises users, we expect ASP will be higher than our original forecast.
- BES12 an important pivot point in the broader strategy: Mgmt envisions BES12 as the administration point for its enterprise ecosystem to manage more than just BlackBerry devices (iOS and Android). As such, timing and adoption of BES12 is vital, which we expect to be on time in the fall.
- $100MM in eBBM – more enterprise-related revenue: While many compare BBM to consumer-oriented peers, BBRY continues to stay focused on the enterprise and expects to add potential sources of enterprise dollars (varying uses cases across govt, financial services, legal and healthcare.
Data were secure. Now voice is too. Another level.
Some Black-ish companies must have a bad beat today ...