View Poll Results: Did you buy shares ?

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  • Yes, I'm acting now !

    693 62.77%
  • No

    411 37.23%
  1. Corbu's Avatar
    OT:
    Microsoft to acquire LinkedIn in deal valued at $26.2 billion
    http://www.wsj.com/articles/microsof...ion-1465821523

    PR:
    Microsoft to acquire LinkedIn
    http://news.microsoft.com/2016/06/13...uire-linkedin/
    06-13-16 08:48 AM
  2. masterful's Avatar
    And how much was Skype? Oh wouldn't this be directly impacts Facebook and their professional profile program...

    Posted via my BlackBerry PRIV
    06-13-16 08:52 AM
  3. Corbu's Avatar
    06-13-16 08:58 AM
  4. Corbu's Avatar
    06-13-16 08:59 AM
  5. _dimi_'s Avatar
    I'm sure LNKD investors will be glad not having to undergo a BlackBerry-like 'turnaround' for the next 7 years .. how much difference a (not head-in-the-sand) CEO can make!

    Posted via CB10
    06-13-16 09:04 AM
  6. Corbu's Avatar
    06-13-16 11:49 AM
  7. Superfly_FR's Avatar
    And how much was Skype?
    Posted via my BlackBerry PRIV
    Somewhere in the $8.5 Billions I believe.
    I also believe LI is the biggest acquisition made by MSFT ever ...
    Last edited by Superfly_FR; 06-13-16 at 03:20 PM. Reason: (removed extra if, in the quote too ;) )
    masterful and rarsen like this.
    06-13-16 02:11 PM
  8. masterful's Avatar
    Somewhere in the $8.5 Billions I believe.
    I also believe LI is the biggest acquisition made by MSFT ever ...
    Thanks. Honestly that money should just scoops bbry rather than LINKEDIN!

    Posted via my BlackBerry PRIV
    Last edited by Superfly_FR; 06-13-16 at 03:20 PM.
    06-13-16 02:44 PM
  9. Corbu's Avatar
    How original...
    BlackBerry May Be Profitable by Ending Hardware - Barron's

    BlackBerry May Be Profitable by Ending Hardware

    A shutdown of the hardware business could lift fiscal 2017 gross margin to 79.5% from 50.5%.

    June 13, 2016 2:02 p.m. ET
    BlackBerry (BBRY: Nasdaq)

    By Wells Fargo Securities ($7.00, June 13, 2016)

    A decision on BlackBerry hardware business could be coming in fiscal 2017.

    We believe BlackBerry’s (ticker: BBRY ) transformation into an endpoint security-solutions company is still ongoing with a de-emphasis on hardware and proof points in software growth still needed. While investors shouldn’t necessarily discount a successful turnaround, we would wait for greater visibility. [We rate BlackBerry at Market Perform.]

    Our valuation range of $7.25 to $8.00 is based on a fiscal 2017 sum-of-the-parts valuation of 0.5 times sales for hardware, 0.1 times for services, and 3.0 times for software plus cash.

    Street consensus calls for a fiscal 2017 loss of 31 cents (versus our estimate for a loss of 10 cents) and a loss of 35 cents in fiscal 2018 (versus our estimate for earnings of 1 cent). We believe this is primarily a function of our (and more so the Street’s) expectations for continued losses in the hardware business driven by limited success to drive scale. With Priv [Alphabet ( GOOGL ) Android smartphone] sales soft, this could accelerate a decision though we believe this isn’t necessarily all bad news as such an action would result in earnings accretion.

    Shutting down the hardware business would be accretive. We examine a number of options for the hardware business but believe shutting it down would be most value-creating long term. If the company were to shut its hardware business down, we estimate fiscal 2017 revenue would decline to around $1.07 billion from our current $1.91 billion but estimate gross margin would increase to 79.5% from 50.5% and operating margin to 17% versus our current negative 0.8% forecast. All else equal, this would equate to a fiscal 2017 earnings-per-share estimate of 27 cents versus our estimate for a loss of 10 cents. We also note this would reduce balance-sheet risk and volatility as well.

    Wide Street variance may be due to Street mismodeling, on the positive side, gross margin -- specifically, not capturing the remaining $20 million in fixed intellectual-property (IP) royalty payment amortization rolling off in the fiscal first quarter -- as well as in the interest expense line primarily in the fiscal fourth quarter where we expect debt repayment to substantially reduce interest expense. On the negative side, we think the Street is mismodeling taxes as it should not be getting a benefit as it has over the last few quarters.

    Ahead of the expected segment margin details, we adjust our model and make assumptions to look at gross and operating margins by segment. We estimate hardware operating losses went from around negative $150 million in the fiscal first quarter to negative $70 million in the fiscal fourth quarter driven by: 1) lower IP payment amortization; 2) higher gross margin from Priv sell-in; and 3) lower operating expenses from restructuring. Our model assumes the service access fee (SAF)/software/other businesses in operating margins decline from mid-30% in most of fiscal 2016 (helped by 1 times IP licensing deals) to high-single-digit percentage in fiscal 2017 due to the Good acquisition (around breakeven last quarter), higher costs as it invests research and development (R&D) into acquisitions, and on-going fixed costs of maintaining its network.

    -- Maynard Um
    -- Munjal Shah
    -- Jason Ng
    06-13-16 04:41 PM
  10. world traveler and former ceo's Avatar
    I m for anything that seriously addresses shareholder value... at $3.5 billion market cap... bbry is a sad joke....

    Posted via CB10
    06-13-16 04:58 PM
  11. Corbu's Avatar
    I m for anything that seriously addresses shareholder value... at $3.5 billion market cap... bbry is a sad joke....
    Indeed.

    But is this not equally if not more a reflection of the market as it is of JC's management, at this point in time?
    06-13-16 05:16 PM
  12. app_Developer's Avatar
    .

    But is this not equally if not more a reflection of the market as it is of JC's management, at this point in time?
    What do you mean?
    06-13-16 06:35 PM
  13. Iggy City's Avatar
    JC's vision of what BlackBerry should be is confused.

    I think he has this "wait and see" mentally, hoping somehow that sales will magically increase.

    We shall see what comes out of the quarterly meeting. My guess is more of the same declines and continuing the status quo of wait and see.
    06-13-16 06:54 PM
  14. bbjdog's Avatar
    JC doesn't have a wait and see attitude. What he has is a set of ???? and doesn't let the market dictate what he does. I think you are mistaken JC and Blackberry team for Yellen and the Feds. LMAO!
    06-13-16 08:24 PM
  15. masterful's Avatar
    Questions: does shares buy back really makes a big impact on the short interest or partial and some has moved on to the next short target like YAHOO?

    Posted via my BlackBerry PRIV
    06-13-16 08:33 PM
  16. world traveler and former ceo's Avatar
    Indeed.

    But is this not equally if not more a reflection of the market as it is of JC's management, at this point in time?
    CEO Chen is a seasoned pro... one of the best... next quarter or two will show whether his vision for HW has traction...or whether it's another miss.... In the end, Blackberry needs winners! ...the HW sector is not, and has not proven so... just continuing to drag down the whole brand...

    I know he is buying time and has certain enterprise clients to satisfy... but where are the winners? ... and when are they going to finally show growth in revenues and profits?... major partnerships? IP deals?

    ... Can they monetize anything of significant value that others (Google, FB, MSFT, etc) would be willing to pay a significant premium to acquire?....

    Major deals are happening all around them... Whatsapp, Nokia, LKED,..etc... investors are losing patience in this "turnaround story"...



    Posted via CB10
    Last edited by world traveler and former ceo; 06-14-16 at 06:35 PM.
    06-14-16 06:57 AM
  17. rarsen's Avatar
    http://www.renewableenergyworld.com/...96&bid=1431978

    "Tesla and Panasonic have a strong partnership. The Japanese electronics maker invested $30 million in Tesla in 2010 — now worth more than $300 million — and the two companies have a supply agreement for 1.8 billion cells through 2017, for both the Model S and the Model X. Panasonic is also an investor in Tesla’s gigafactory east of Reno, Nevada. A May report by the Nevada Governor’s Office of Economic Development noted that as of the end of the first quarter, Panasonic had 52 employees working at the gigafactory."

    Note: should of put this on the other CB site, a slip of the keyboard.
    Last edited by rarsen; 06-14-16 at 07:16 AM.
    06-14-16 07:02 AM
  18. Corbu's Avatar
    More on Maynard Um's report:
    BlackBerry: Best Bet is to Shut Down Hardware, Says Wells - Tech Trader Daily - Barrons.com

    Wells Fargo’s Maynard Um today reiterates a Market Perform rating on shares of BlackBerry (BBRY), arguing that shutting down its handset business would be its best course of action.

    Um argues that the company’s sales of its most recent handset, the “Priv,” which is based upon Alphabet’s (GOOGL) Google unit’s Android operating system, are proving “soft,” leading him to conclude that “success in the handset business, to us, seems like an uphill battle, particularly against companies with scale such as Apple and Samsung Electronics.”

    “The attempt at the high end smartphone market appears to not have been successful with disappointing unit volumes.”

    “Hence, we are not overly optimistic about BlackBerry’s chances in the Android hardware market though nor is it embedded into our forecasts,” writes Um.

    With Priv sales soft, this could accelerate a decision though we believe this isn’t necessarily all bad news as such an action would result in earnings accretion […] If our and Street forecasts are correct, BlackBerry would effectively have failed at its attempt to recover the hardware business and we believe the company will take a long hard look at deemphasizing or shutting down its hardware business.

    But would CEO John Chen consider selling hardware? ” The question is what would prompt BlackBerry to look at strategic options for its hardware business?” he writes. Um notes Chen “has stated numerous times that he would look at strategic options if the hardware business failed to get to sustainable profitability.”

    Um opines the company may not succeed even with forthcoming models of Android handsets:

    We note that AT&T has dropped Priv pricing from $699 to $639 and Sprint no longer plans to launch the Priv (an about face from earlier in the year). We believe the strategy change to attack the mid-range smartphone market will also be challenging as while the lower pricing (we anticipate pricing in the $400 range) would help to drive up some unit volumes, the mid- range market is highly competitive. Nonetheless, we expect BBRY to address the mid-range market with two new Android-based smartphones this year – one with a keyboard and one without. BlackBerry’s differentiation, or the push it is to make, would be around security. However, whether a “more secure” smartphone push would be enough of a differentiator in a highly competitive market remains to be seen.

    Um notes argues that in a number of respects, the BlackBerry is not substantially “differentiated” from other Android devices, such as the Samsung Electronics (005930KS) Galaxy s7 line.

    And even the stronger security features that BlackBerry has added seem not to be enough:

    However, PRIV differs from other Android handsets as it contains a hardware root of trust, which verifies the Android OS with the hardware at boot similar to prior BlackBerry devices. It also has Verified Boot and Secure Boot Chain to verify every layer of the device to prevent tampering, and FIPS 140-2 full disk encryption. PRIV also comes with DTEK, an app which monitors what parts of the phone various apps access (e.g. camera, location, messages, contacts, etc.). That said, a recent CNET report cites an “executive at AT&T” as saying that the Priv “is really struggling” and that returns were higher than expected.

    Um goes through a series of calculations that suggest even with recent profit improvement, it makes sense to exit hardware:

    Management indicated that it had positive gross margins in hardware in FQ4 16 (implying gross margins were negative in prior quarters) and that it reduced its hardware operating loss by half in FQ3 16. We estimate hardware operating losses went from around -$150 million in FQ1 to -$70 million in FQ4 driven by 1) lower IP payment amortization, 2) higher gross margin from Priv sell-in, and 3) lower operating expenses from restructuring. Our estimate is predicated on the view that prior to FQ4 16, around 50% of BlackBerry’s R&D was related to hardware, 40% of sales and marketing, and 60% of depreciation and amortization (the latter of which we believe was related to the IP royalty amortization). While an operating margin loss improvement from -59% in FQ1 to -37% is a material move and we expect further improvement to -10% in F17 driven by further amortization roll off and further Priv sell-in, at still such a negative margin, we believe it makes more sense for BlackBerry to look at strategic options for its hardware business.

    “We believe these losses, if they come to fruition, could prompt BlackBerry to pursue strategic actions,” writes Um.

    Um also takes some time to look into the non-hardware side of the business, including that of Good Technology, which BlackBerry acquired last year. He concludes this division needs to improve its operating profit picture:

    Our model assumes the SAF (Service Access Fee)/Software/Other businesses see declines in operating margins from the mid-30% range in most of F16 (helped, in part, by one- time IP licensing agreements) to high single digit percent in F17E. We believe the declines are being driven by the Good acquisition (around breakeven last quarter) […] We believe part of the issue is that Good Technology’s revenue growth was predicated on continued spending. In order to make the Good Technology deal accretive, we assume management will continue to pare down operating expenses, though we believe this will have some impact on revenue growth as well [...] If BlackBerry were to improve Software operating margins closer to 25%, it would add an incremental $0.19 to our forecasts, all else equal, in F17E. We believe the key to driving these margins will be ramping revenue above its fixed costs, which we think will take time for investors to get confidence in.

    BlackBerry shares today closed down 9 cents, or 1.3%, at $6.91.
    06-14-16 07:15 AM
  19. world traveler and former ceo's Avatar
    BlackBerry moving up the ranks... Gartner Latest Rankings...

    http://finance.yahoo.com/news/gartne...130000388.html

    Posted via CB10

    Gartner named BlackBerry Leader in the Gartner Magic Quadrant for Enterprise Mobility Management (EMM) Suites
    "We believe our positioning in the Magic Quadrant for Enterprise Mobility Management Suites is proof that we are delivering on our enterprise roadmap and providing the most complete EMM solution on the market," said Billy Ho, Executive Vice President, Enterprise Products, BlackBerry. "Our leading productivity apps combined with our enterprise-level mobile security provides organizations the ability to optimize their mobile journey while protecting both corporate and private data across multiple endpoints."
    Last edited by world traveler and former ceo; 06-14-16 at 12:02 PM.
    06-14-16 09:42 AM
  20. cjcampbell's Avatar
    What an ugly market heading into the Brexit vote.

    Posted via CB10
    06-14-16 11:23 AM
  21. masterful's Avatar
    What an ugly market heading into the Brexit vote.

    Posted via CB10
    Just another opportunity to pickup some cheap shares for some ..maybe BBRY

    Posted via my BlackBerry PRIV
    cjcampbell likes this.
    06-14-16 11:52 AM
  22. Superfly_FR's Avatar
    [info]Pleaser remember posting a link without any explanation or comment isn't expected. Links URLs are generally meaningless so please take a minute or two to contextualize it, start a discussion or raise an insight !
    [/info]
    06-14-16 11:53 AM
  23. Superfly_FR's Avatar
    BlackBerry moving up the ranks... Gartner Latest Rankings...

    http://finance.yahoo.com/news/gartne...130000388.html

    Posted via CB10

    Gartner named BlackBerry Leader in the Gartner Magic Quadrant for Enterprise Mobility Management (EMM) Suites
    They say a picture worth 1K words ...

    The BBRY Café.  [Formerly: I support BBRY and I buy shares]-capture.png

    This one might illustrate my thoughts, against all other logic ...
    06-14-16 02:43 PM
  24. W Hoa's Avatar
    They say a picture worth 1K words ...
    Here's last years version:

    The BBRY Café.  [Formerly: I support BBRY and I buy shares]-magic-quadrant-emm-2015.png.jpg
    06-14-16 02:50 PM
  25. randall2580's Avatar
    Woo Hoo! Just got accepted in the Priv Beta for Marshmallow for AT&T!!

    Interested and hopeful for some fixes, many are reporting them here on CrackBerry.
    06-14-16 03:09 PM
104,891 ... 39313932393339343935 ...

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