[bbjdog]

GM is too slow to the show!! Move or get out of the way!! Ford has stepped up and so has Delphi. Sitting on Onstar and not doing a thing about it, makes me question who is wiser!!!!

[_dimi_]

GM is too slow to the show!! Move or get out of the way!! Ford has stepped up and so has Delphi. Sitting on Onstar and not doing a thing about it, makes me question who is wiser!!!!

GM is often cited as currently being the #1 with regards to autonomous driving... so QNX would be very happy to have them as a customer.

Posted via CB10

[bbjdog]

GM is often cited as currently being the #1 with regards to autonomous driving... so QNX would be very happy to have them as a customer.

Posted via CB10

Totally agree with you in regards to BlackBerry/QNX and GM.

[ZayDub]

Hope everyone is doing well. I decided to purchase the Limited Edition Black Keyone from amazon.ca and have it shipped to the US. Has anyone else purchased the black keyone? Any thoughts on the aesthetics or performance (for the upgraded model)? Unfortunately my local cell phone stores didnt have any on display to view.

Looking forward to this ER. I'd really like to see us get back above $10 and have good guidance going forward to continue the growth story. I also hope BB increased their sales team and they have been seeing good traction since the last ER. Still long....

[Corbu]

OT:
https://www.theguardian.com/business...-secret-emails
Deloitte hit by cyber-attack revealing clients’ secret emails

[Corbu]

BlackBerry may be sitting on a $1.6 billion war chest. Here’s what it could do with it | Financial Post

Analysts believe that BlackBerry may make acquisitions of companies to strengthen its business in three areas

BlackBerry Ltd. got a lot of attention last Wednesday after it announced a new partnership that will see the Canadian technology firm’s QNX software used as the operating system for Delphi Automotive Plc’s self-driving technology. But much of the share price gains were lost by the end of the week, as investors remain concerned about a potential revenue miss when BlackBerry second quarter results on September 28.

The stock has risen more than 20 per cent year-to-date, after being up more than 65 per cent in early June, but the performance is nonetheless impressive considering that BlackBerry’s software revenue growth appears to be falling short of expectations.

It posted a US$690 million loss in Q1, following significantly losses in the previous two quarters. Chief executive John Chen has also acknowledged that some catch-up is required if the company is going to achieve its software sales target.

Yet investors seem to prefer an optimistic stance about BlackBerry’s shift to software and services, and its healthy cash position doesn’t hurt. Following an award of US$940 million from its arbitration with Qualcomm Inc. in May, BlackBerry now has US$2.6 billion in cash.

While investors are unlikely to get much detail about the company’s plans for these funds on Thursday’s conference call, management has indicated that some of the Qualcomm cash will go to share buybacks, in an effort to offset the anticipated dilution from US$605 million of convertible debentures. Those were sold to Fairfax Financial Holdings Ltd. and a group of institutional investors in August.

Assuming BlackBerry holds onto US$400 million of cash – an amount that matches its enterprise security software peers in terms of cash as a percentage of revenue (at 40 per cent) – BlackBerry would have as much as US$1.6 billion for potential acquisitions.

“We believe that BlackBerry may make acquisitions of companies to strengthen its business in three areas,” said Paul Treiber, an analyst at RBC Capital Markets in Toronto.

They include enterprise software and cybersecurity, embedded automotive software, and telematics.

“Acquired businesses may add complementary technology, help consolidate market share, or strengthen distribution,” Treiber added.

In enterprise software and services, which is expected to generate US$432 million of revenue in fiscal 2018 and accounts for 46 per cent of BlackBerry’s total revenue, the analyst highlighted several potential acquisition candidates.

Enterprise mobility management vendor Mobileiron Inc., which secures data on mobile devices, applications and in cloud storage, is the only publicly-listed company on the list. However, Treiber believes many other security solutions firms would be of interest to BlackBerry. They include SOTI Inc., Lookout, Digital Guardian, Rubicon Labs and Bayshore Networks, and several others.

BlackBerry’s embedded automotive software business, home to its QNX software, will generate an estimated US$124 million of revenue in fiscal 2018, or 14 per cent of the company’s total.

Treiber believes BlackBerry could go after emerging autonomous vehicle software providers, auto-focused cybersecurity companies, or focus on consolidating market share among embedded operating system providers. He thinks that may strengthen the company’s relationship with global auto manufacturers, top parts suppliers, and present cross-selling opportunities.

The analyst pointed to privately-held Green Hills Software, Drive.ai, Autonomy and Argus Cyber Security as some of the names that may be of interest.

In telematics, BlackBerry’s Radar fleet-tracking solutions business only contributes about two per cent of the company’s total revenue, so an acquisition to increase global distribution or provide a sales channel, would be welcome.

Treiber highlighted Nasdaq-listed Orbcomm Inc. and I.D. Systems Inc. as potential acquisition targets for BlackBerry, along with privately-held Spireon, Blue Tree Systems and FourKites.

Clearly, BlackBerry has a lot of options in front of it. While investors will likely focus on how the takeover valuation compares to BlackBerry’s, as well as profitability of any company acquired, and whether its organic growth exceeds that of BlackBerry, the longer-term implications of any purchase should be much more important.

BlackBerry’s partnership with Delphi (and Ford Motor Co. in October 2016) demonstrates that QNX is gaining traction beyond the traditional infotainment market, and into advanced driver-assistance systems and autonomous vehicles. However, the short-term financial gains will be limited, so investors and the company will need to exercise patience if they want this substantial cash position to be used most efficiently.

[_dimi_]

It seems like JC himself wrote that article... asking for more and more patience...

Posted via CB10

[anon(9100201)]

It seems like JC himself wrote that article... asking for more and more patience...

Posted via CB10

Yep John Chen was always good at demanding from shareholders without delivering anything meaningful in return

Posted via CB10

[masterful]

JC has been telling us that for many months but you have to understand things doesn't just change overnight. He has a good tracked for this type of work.
Things are starting to form into shaped and there is only one last mystery is what is he doing with the money other than buying stocks program. When they purchased GOOD did anyone see that coming or only few weeks or months prior to the announcement.
I could be wrong but I think one of those or more is on his shopping cart and just proceedings to check-out.

[Corbu]

TD's Daniel Chan:
https://www.benzinga.com/analyst-rat...should-buoy-so

[app_Developer]

TD's Daniel Chan:
https://www.benzinga.com/analyst-rat...should-buoy-so

Wow, that's very positive. Maybe we will see good news this week after all.

[bbjdog]

Yep John Chen was always good at demanding from shareholders without delivering anything meaningful in return

Posted via CB10

Wow! Gotta admire your continued bashing of John Chen and the BlackBerry team. Head strong!

[bbjdog]

It seems like JC himself wrote that article... asking for more and more patience...

Posted via CB10

Patience has everything to do with investing. JC and the BlackBerry team have all my patience .

[bbjdog]

BlackBerry may be sitting on a $1.6 billion war chest. Here’s what it could do with it | Financial Post

Nice piece, thanks for sharing mate!!!!!

[anon(9100201)]

Wow! Gotta admire your continued bashing of John Chen and the BlackBerry team. Head strong!

Four years as CEO with zero returns for shareholders and a constant shareholder unfriendly behavior does not earn you need anthems

Posted via CB10

[_dimi_]

Patience has everything to do with investing. JC and the BlackBerry team have all my patience .

Well not everyone has your patience every now and then they need to hit it out of the ball park for customers and shareholders so that the loyalists stay loyal.

Posted via CB10

[rarsen]

Positive opinions amplified with the Delphi deal:

Delphi Deal Shows BlackBerry Stock (BBRY) Poised to Soar - Nasdaq.com

[Andrew4life]

Well, imo, if everyone is predicting a stock market crash, and acquisition right now would be silly.
Wait till the market crashes and pick up companies on the cheap.

Posted via CB10

[farmwersteve]

Well, imo, if everyone is predicting a stock market crash, and acquisition right now would be silly.
Wait till the market crashes and pick up companies on the cheap.

Posted via CB10

We might the cheap one getting acquired

[Corbu]

Completely OT: Tinder...
https://www.theguardian.com/technolo...es-hacked-sold
I asked Tinder for my data. It sent me 800 pages of my deepest, darkest secrets

[rarsen]

For those interested in iPhone margins:

Here's how much the iPhone 8 models cost to make compared to what Apple sells them for
https://ca.finance.yahoo.com/news/ap...115700461.html
The Cupertino giant reported a gross profit margin of 38.5 percent in the June quarter. Analysts surveyed by Reuters expect that figure to be 37.9 percent in the September quarter. "What is remarkable about the iPhone is Apple has persuaded consumers to put more of their income towards their smartphone. At the same time, Apple has maintained historically excellent margins."

[Bacon Munchers]

Just for the record, TD Bank closed the trade yesterday by crossing and outright purchasing BB stock at the bell to the tune of 225,000 shares on the close. Today, in just the past hour, they have picked up another 150,000 in purchases and crossed stock transactions. They are finally crossing blocks and buying stock.

"Crossing blocks and buying stock".
Now that would be a cool BlackBerry slogan.

Shout-out to all the holders here. Hope all is well with you fellas (and ladies?).

[rarsen]

Bill Gates' new smartphone? Hint: it's not an iPhone | ZDNet
When asked by Fox New Sunday's Chris Wallace what he thought of the new iPhone, Gates avoided answering the question but said, "I actually recently did switch to an Android phone with a lot of Microsoft software." He doesn't say what phone he switched from, though it's probably a Windows Phone or Windows Mobile device. Not surprisingly, he said he used all Windows-based PCs. "So, no iPhone?" Gates replied with a smirk, "Nope, no iPhone."

Microsoft has so many apps on Google's Play Store that it built an app just to discover other Microsoft apps for Android, including Cortana, Office, LinkedIn, Outlook, OnDrive, Skype, Microsoft Teams, SharePoint, the Groove music app, and Minecraft.
https://play.google.com/store/apps/d...pmanager&hl=en

[Corbu]

Short Interest:
BlackBerry Limited (BBRY) Short Interest - NASDAQ.com

Settlement Date	Short Interest	Avg Daily Share Volume	Days To Cover

9/15/2017

41,732,966

2,470,978

16.889250

Down slightly:

8/31/2017

42,357,117

3,539,773

11.966055

[bbjdog]

Bill Gates' new smartphone? Hint: it's not an iPhone | ZDNet
When asked by Fox New Sunday's Chris Wallace what he thought of the new iPhone, Gates avoided answering the question but said, "I actually recently did switch to an Android phone with a lot of Microsoft software." He doesn't say what phone he switched from, though it's probably a Windows Phone or Windows Mobile device. Not surprisingly, he said he used all Windows-based PCs. "So, no iPhone?" Gates replied with a smirk, "Nope, no iPhone."

Microsoft has so many apps on Google's Play Store that it built an app just to discover other Microsoft apps for Android, including Cortana, Office, LinkedIn, Outlook, OnDrive, Skype, Microsoft Teams, SharePoint, the Groove music app, and Minecraft.
https://play.google.com/store/apps/d...pmanager&hl=en

Here is the interesting part.

"I actually recently did switch to an Android phone with a lot of Microsoft software."

So I would guess it's not a Windows phone. Now being the man who created Windows, I would asume he know the in and outs of security!!!

Which other mobile device would he use?

Cheers mates and thanks for keeping me updated in this busy world .