07-27-15 10:12 AM
252 123 ...
tools
  1. dbmalloy's Avatar
    Found this article this morning... would have thought more than 8,000 handsets sold..,, hmmmm.,,,, What say you...

    http://finance.yahoo.com/news/blackb...143732238.html

    Morgan Stanley in a note on Monday said that BlackBerry Ltd (NASDAQ: BBRY) sales of its software and phones are "not tracking anywhere close" to where they need to be.

    Shares recently traded at $9.73, down 0.87 percent.

    Based on research and conversations, Morgan Stanley said that VARs and resellers are finding BlackBerry is a tough sell, even for enterprise customers. On the phone, Morgan Stanley said that as many as 8,000 Classic and Passport phones have been sold, "well below" the 2-3 million needed in FY16.

    Meanwhile, Morgan Stanley said that even if BlackBerry is able to stem the declines in its enterprise unit, the $500 million in software revenue is unlikely. In short, BlackBerry will not "get anywhere close" to this goal.
    Last edited by dbmalloy; 03-16-15 at 11:48 AM.
    rauly#CB likes this.
    03-16-15 11:28 AM
  2. howarmat's Avatar
    i would think they have a misprint. Remember they sold the 200k passports earlier

    PS where is the link?
    03-16-15 11:31 AM
  3. sk8er_tor's Avatar
    8,000 for the quarter for both Classic and Passport? I don't need a survey to tell me that number is not correct.
    I might believe 8,000 Classics sold through Verizon in three days Feb 26-28 prior to BlackBerry's quarter end but that's as far as I'd go.
    Last edited by sk8er_tor; 03-16-15 at 11:50 AM.
    03-16-15 11:32 AM
  4. igor10000's Avatar
    I love analysts :-D

    Posted via CB10
    03-16-15 11:33 AM
  5. Maxxxpower's Avatar
    800.000 would be realistic (and still a disaster). 8.000? no way this is true.
    JesseBabe23 likes this.
    03-16-15 11:34 AM
  6. bb10adopter111's Avatar
    There's something odd about that number...I think there's a missing qualifier/category, such as "through AT&T retail stores"

    Posted via CB10
    03-16-15 11:34 AM
  7. thurask's Avatar
    Missing a zero or two?

    Posted via CB10
    03-16-15 11:35 AM
  8. Maxxxpower's Avatar
    03-16-15 11:36 AM
  9. JeepBB's Avatar
    I realise that my rep isn't as an BB optimist, but 8k seems a bit low, even to me.

    Over what period? What happened to the 200k Passports sold that Chen was boasting about.

    Any further details?
    wolffkrieger and torco3 like this.
    03-16-15 11:37 AM
  10. NG888's Avatar
    That's impossible, the community at crackberry has probably bought more than that. Lol


    Posted via CB10
    03-16-15 11:40 AM
  11. igor10000's Avatar
    I realise that my rep isn't as an BB optimist, but 8k seems a bit low, even to me.

    Over what period? What happened to the 200k Passports sold that Chen was boasting about.

    Any further details?
    If I am to choose to trust Chen or an investment bank, I choose Chen.

    Posted via CB10
    03-16-15 11:40 AM
  12. Maxxxpower's Avatar
    If I am to choose to trust Chen or an investment bank, I choose Chen.
    Better choose none of them.
    03-16-15 11:42 AM
  13. prplhze2000's Avatar
    If ATT I can believe it. One or two per store if offered? I can believe it.

    Posted via CB10
    03-16-15 11:42 AM
  14. f0xG3's Avatar
    And besides, if they had a lower production run and made money (or broke even a bit). It's still profit. Doesn't matter if they sold low.

    Passport | SQW100-1/10.3.1.2576 | Globe PH
    DarkJoker33 and sugbo like this.
    03-16-15 11:42 AM
  15. Maxxxpower's Avatar
    And besides, if they had a lower production run and made money (or broke even a bit). It's still profit. Doesn't matter if they sold low.
    Chen once said they need to sell 10 mio devices a year to survive (as a smartphone maker).
    03-16-15 11:44 AM
  16. FrankUnderwood's Avatar
    If I am to choose to trust Chen or an investment bank, I choose Chen.

    Posted via CB10
    Pretty much. I have literally seen hundreds of Passports and Classics in the field...in the Toronto area alone. 8000 is a BS number.

    Posted via CB10 on the President Underwood version of the BlackBerry Classic
    03-16-15 11:44 AM
  17. yessuz's Avatar
    guess, who's Mobile Iron's underwriter in their IPO?
    03-16-15 11:46 AM
  18. yessuz's Avatar
    Chen once said they need to sell 10 mio devices a year to survive (as a smartphone maker).
    He said that more than one year ago.

    Last quarter, only after less than 2M devices sold, hardware division was profitable with low 40s gross margin. they are aiming to high 40s this quarter.
    Superfly_FR likes this.
    03-16-15 11:48 AM
  19. howarmat's Avatar
    I am guessing that is horrible reporting by the writer.
    03-16-15 11:49 AM
  20. Ment's Avatar
    Its talking about the AT&T launch. We know how bad that went. Multiple threads in forum about lack of stock, store reps not aware of launch etc.
    03-16-15 11:49 AM
  21. FrayCK's Avatar
    That's not possible I'm in Jamaica and I saw a passport couple days ago in dominoes, if it was just 8,000 I don't think a country where they don't offer any bb10 phones apart from q10 and z10 would have it here

    Posted via CB10
    bobmoley likes this.
    03-16-15 11:51 AM
  22. sk8er_tor's Avatar
    Chen once said they need to sell 10 mio devices a year to survive (as a smartphone maker).
    Chen just recently reiterated that they're making a profit on hardware.
    Anthony_2u and nick13b like this.
    03-16-15 11:53 AM
  23. pantlesspenguin's Avatar
    Its talking about the AT&T launch. We know how bad that went. Multiple threads in forum about lack of stock, store reps not aware of launch etc.
    This I could believe, being that the Passport and Classic have only been available from AT&T for what, a month? Reporting it as sales as a whole for both the Passport and Classic is shoddy reporting.
    03-16-15 11:54 AM
  24. Maxxxpower's Avatar
    Chen just recently reiterated that they're making a profit on hardware.
    Perhaps because they are selling lots of stuff that's already been written down. I'd take everything Chen says concerning the smartphone division with a big grain of salt.
    03-16-15 11:57 AM
  25. duboisstephane0's Avatar
    When i bought my Z10 when it came out in Canada, there was no line up at the kiosk and i was pretty much the only one who purchased a blackberry.
    Same thing with my passport in November
    In Ottawa, there are 308 MPs who have a blackberry and their assistants also have blackberry.
    Yet i have rarely seen a blackberry used on the street, bus, cafe.
    Not sure this number is wrong as everyone appears to be using apple or google phones.
    Whenever I show my passport, everyone is sort of saying wtf is that....
    Eventually the need to own anything BlackBerry will be supplanted by the more popular brands i think.
    A sad day,

    Posted via CB10
    03-16-15 11:58 AM
252 123 ...

Similar Threads

  1. Replies: 19
    Last Post: 03-20-15, 03:54 PM
  2. Does anyone have a BlackBerry Passport vector mock-ups?
    By ayb_br in forum BlackBerry Passport
    Replies: 3
    Last Post: 03-18-15, 11:31 PM
  3. Replies: 6
    Last Post: 03-17-15, 10:59 PM
  4. Replies: 1
    Last Post: 03-17-15, 06:37 PM
  5. Replies: 3
    Last Post: 03-17-15, 05:29 PM
LINK TO POST COPIED TO CLIPBOARD