[omarmss]

Is that true?
Are they going to sell their selves
I mean the BB10 is amazing I see nothing wrong about it
And everyone here in the middle east likes blackberry more than samsung or iphone or what ever

Can anybody explain, because I dont get this!

Q10SQN100-3/10.2.0.1047

[theRock1975]

The owners might change but the company has no debt. They'll be around for a looong time.



Posted via CB10

[njblackberry]

The BlackBerry Board of Directors has created a special committee to investigate any "strategic alternatives" then can find, including partnerships, licensing deals, going private and an outright sale.

Although you admire BB10 and the devices, sales have been weak, marketing a bit lacking and the stock price is very weak. So they are looking to do something new. This was announced a few weeks ago and no news since then.

BlackBerry Board of Directors Announces Exploration of Strategic Alternatives - Press Releases

[njblackberry]

The owners might change but the company has no debt. They'll be around for a looong time.



Posted via CB10

Like Palm and Nortel, no doubt.

[SwitchBeach]

Here's some reading for you.

http://forums.crackberry.com/news-ru...atives-838409/
"Kevin Michaluk, Will BlackBerry Die or Will They Live?" | CrackBerry.com
http://forums.crackberry.com/blackbe...ry-z10-840388/

[Pilchard]

Is that true?
Are they going to sell their selves
I mean the BB10 is amazing I see nothing wrong about it
And everyone here in the middle east likes blackberry more than samsung or iphone or what ever

Can anybody explain, because I dont get this!

Q10SQN100-3/10.2.0.1047

I think the simple situation is that sales are not where they need them to be to deliver shareholder value. They therefore need to change something. They are in a weak position and it is getting weaker. A company that was worth $140 Bn at its share price 5 years ago is now worth about $10 Bn (sorry if I got that last value a little high, I can't quite remember the stat but it is a catastrophic collapse in share price however you cut it.)

This is their last opportunity to do something. If they had the option of sticking this out without selling they would, but they don't.

[omarmss]

Welll come on, every company has a bad start
And it'll get better by time
I mean giving up isn't the right thing to do

Q10SQN100-3/10.2.0.1047

[amazinglygraceless]

The owners might change but the company has no debt. They'll be around for a looong time.

Please tell me that you do not actually believe that a company having no debt is a guarantee of it's survival.

[amazinglygraceless]

Welll come on, every company has a bad start
And it'll get better by time
I mean giving up isn't the right thing to do

Q10SQN100-3/10.2.0.1047

Problem is, BlackBerry did not have a bad start. It's all that crap in the MIDDLE that is killing them

[Wiki Cydia]

The owners might change but the company has no debt. They'll be around for a looong time.



Posted via CB10

If they weren't posting losses as of late, this might actually make sense.

[fearmantis]

I love my z10. My perfect, fast, and nice phone

BB Z10 Rocks!

[M65c02]

YES Blackberry will likely "sell itself" by early 2014, or as late as early 2015, but you can count on with 99% certainty that "our" BB will be changed in the next 3 years.. WHY??? In a nutshell, Blackberry (known as RIM until a few months ago), was a cell/tech phenom that had built a domination of the cell phone market rising to almost 2 of every 3 phones a half decade ago before collapsing coincidentally almost concurrent with the great worldwide financial collapse of 2008. This decline was due to an arrogance, that often accompanies companies with market domination, whereby the growth in true consumer demands were being ignored. Another way to look at it is that BB achieved grand results by addressing some of the consumer demands buy ignored a large segment that was rather quickly filled by Apple phones, and more recently the advent of the Droid system run on several different phones from various mfrs--most notably Samsung and HTC. [Note: Just for the record, BB does not sell itself, per se, it is the collective decision of shareholders most often driven by one, or two, central shareholders with major current holdings or the capital available to make such purchase. But, of course, without cooperation of key BB mgmt., such purchase is unwise.]

In this process, BB chose to continue down a path of certain short-term revenues but almost guaranteed long-term loss of current users, potential new users, and profit. Blackberry is a publicly traded company and must answer to shareholders. Today, there is roughly a billion BB shares floating in the public markets. The share price has gone from an adjusted price of near $100 to $10 in five years, and from $50 to $10 in the past two years. Most successful tech companies require a turnover of new products from R&D every year. BB has the added burden in their market scheme of advancing both its hardware (e.g., Z10 & Q10) and software (e.g., OS7 and OS10); something only undertaken by one other competitor, Apple. Productive R & D takes engineering genius, forethought of consumerism, and capital. Blackberry inarguably had an empty pipeline when Apple, Samsung, and others were pumping out revolutionary products and/or marketing marvels (w/op much technical revolution) that built their user base and balance sheets. BB avoided R&D (at best) or squandered its R&D (worst case) while squabbling occurred among mgmt. that had made their mark and closed minded about the future (such a very common problem to transition to next generation of mgmt).

The equity markets supply access to capital--cheap capital. If equity investors believe in a company, they will bid up the price multiples of its current earnings (to theoretically portray future earnings potential or future free cash flows). These sentiments are filled by various marketing ploys but, in the end it is earnings over several quarters accelerated, at times, by general love of an industry. For Blackberry, it is fortunate that the cell phone equity market is still viewed favorably as a whole: It is unfortunate and of more importance, however, that Blackberry's June release of quarterly earnings were very, very disappointing--and after several months of promises. And, with this, the slide of BB's share prices to under 10, now, perhaps, stabilizing at 10+ until the end of September (when other results are announced. Therefore, BB likely has lost any great leverage available from tapping the equity markets.

Still, BB has $4B +- in cash on hand. This is equal to approximately $4/floating share of stock. That is, an argument could be made that not-to-far from half of BB's market computed value comes simply from cash on hand--NOT GOOD. As BB sold only about 2mm (new) phones in the Spring (must sell 20+mm/year), and is expected to sell not many more for the summer, generation of free cash is non-existent--NOT GOOD. In fact, and obviously, there will soon be found a dwindling of the cash on hand account(s) seen with the end of September (next) release of quarterly financials--$4B can disappear like chicken scratch. In turn, this will impact yet another element necessary for selling to the public: an erosion of the already low esteem for BB held by carriers. As now fourth largest brand in "cell phones" (cf., Samsung-Droid, Apple-IOS, MSFT-WIN8) and with the disappointment of BB10 & devices, carriers have become less likely to endorse the phones. Any pick-up in future endorsements will only come through extraordinary incentives that may increase BB unit sales but may actually further decrease generation of cash (and profits). The fact that you, personally, may find the Z/Q phones "see nothing wrong" does not comport with the 750+mm Worldwide Apple and Samsung sales, nor even the 3mm upstart Nokia WIN8 phone sales. Clearly, after next to nill intro sales, BB10 devices don't have the bang for the buck and, as I've seen stated, isn't quite ready for prime time--even as having resembled a good effort if having been released in 2011. [Note: FTR, I'm Long-time BBer that bought a Z10 the 2nd week available in U.S.]

THEREFORE, IN THE END, BB will likely be taken from the public market by a private equity firm--probably with a small participation/incentive by the Canadian Govt. It could be bought by Apple, Samsung, Google, Windows for pocket change but it is hard to see how any would--except maybe Msft--gain except by squashing competition. Personally, I don't see any value in buying such an inbred company for more than $6-7/share (assuming optimistic $3B in cash/ms) by a concern outside the technical arena--wherein they might want to strip/sell patents and rights to either hard/software (and its cash albeit this asset likely a one-for-one exchange). And, frankly, only a couple dollars higher in share price--as an experiment--by a concern within the industry where, again, an acquirer might want access to patents but continue either soft or hardware development--dumping the other.

BY BB mgmt. making formal announcements that most analysts expected, BB is definitely in play. And, although in the short-run it is true that we see a few burps in share prices, and even minor profit taking where people had bought at recent lows, you can be sure that these announcements have shaken the very foundation of BB's future resembling anything of its storied past.

[Troy Tiscareno]

I'm guessing we're going to see BB post a loss this Q of somewhere in the $300-500M range. BB also has billions of commitments this year; orders for components and manufacturing for future phones, without which, they wouldn't be able to continue in the hardware business. This whole "BB has $3B in the bank" is completely disconnected from the reality of the business.

A company like BB spends tens of millions of dollars every single day, just to exist. That's only sustainable if there is revenue from sales and services coming in. BB has been mostly living on BIS service revenues for the last couple of years, but those revenues are falling off quickly as BB0S subscribers are switching, and BB10 sales have continued to fall off since their release quarter, even as the number of phone models available has increased. That means revenue is falling, but expenses haven't fallen significantly, if at all.

Even BB laying off hundreds of employees is expensive: BB has to pay severance packages for these employees, so they will be paying wages and benefits for them for months to come, while realizing ZERO productivity from them. Eventually, costs will go down, but they don't stop paying those people the day they are laid off.

I think many people are going to be shocked by the numbers they see from this Q's earnings report. It isn't going to be pretty.

[silversun10]

Like Palm and Nortel, no doubt.

with NO DEBT, there is absolutely NO WAY BB will follow those companies. Not A Chance.

BB is on the ball, they will leverage the help of their future partner to continue the next Phase of their COMEBACK.

[mastermike87]

Like Palm and Nortel, no doubt.

You know nothing, Jon Snow.

Posted via CB10

[sergey_IL]

I'm guessing we're going to see BB post a loss this Q of somewhere in the $300-500M range. BB also has billions of commitments this year; orders for components and manufacturing for future phones, without which, they wouldn't be able to continue in the hardware business. This whole "BB has $3B in the bank" is completely disconnected from the reality of the business.

Its only your personal assumptions, nothing to do with the reality. If they continue selling phones, commitments mean nothing but normal.

[FFR]

Is that true?
Are they going to sell their selves
I mean the BB10 is amazing I see nothing wrong about it
And everyone here in the middle east likes blackberry more than samsung or iphone or what ever

Can anybody explain, because I dont get this!

Q10SQN100-3/10.2.0.1047

Yes.
But the question is will anyone bite?

Regarding the Middle East, bbm is what consumers are interested in, not blackberry 10.

Bbm will be released for the iPhone and android next month, at which point...
Well let's wait and see.

[STV0726]

Will BlackBerry die, or will they live?

Just like my song. Lol

~STV on Z10STL100-3/10.1.0.2025 TMO US

[FFR]

Will BlackBerry die, or will they live?

Just like my song. Lol

~STV on Z10STL100-3/10.1.0.2025 TMO US

Would you consider rim to be dead or alive?

[njblackberry]

You know nothing, Jon Snow.

Posted via CB10

I don't know who Jon Snow is, or who you are, but BBRY is in big trouble and being in denial about it won't change a damn thing.
Keep Moving.

[Pilchard]

I don't know who Jon Snow is, or who you are, but BBRY is in big trouble and being in denial about it won't change a damn thing.
Keep Moving.

It's a quote from Game of Thrones

[njblackberry]

Never watched it. What's the relevance?

[Gesig Boek]

with NO DEBT, there is absolutely NO WAY BB will follow those companies. Not A Chance..

A leveraged buy-out may actually use BB's $3 billion against them, and instantly saddle the company with billions in debt.

[silversun10]

A leveraged buy-out may actually use BB's $3 billion against them, and instantly saddle the company with billions in debt.

obviously they are NOT going to do that then.

[Gesig Boek]

obviously they are NOT going to do that then.

Its the kind of thing that is done during a hostile take over.See what happened to Manchester United football club:

For a glimpse of the murky world of leveraged buy-outs (LBOs), look no further than the team atop the Premier League. What's happening to Manchester United football club is similar to the same fate that has beset many US and European companies that have been taken over by LBO firms.
Last week Manchester United officials were able to secure a badly needed refinancing of the �500m of debt assumed after the club was taken private.
Five years ago, before the Glazer family of Florida completed their assault on Manchester United, the football club was a thriving, healthy business. The club had plenty of cash, was free of debt and had the firepower to invest in the future.
The Club's football management - headed by Sir Alex Ferguson - had spent two decades carefully creating a franchise, much as chief executives and entrepreneurs diligently build companies.
All that work was put in jeopardy after the Glazers approached Manchester United.
In 2005, after enduring waves of mounting pressure, Manchester United's board of directors - while loudly warning shareholders of the probable consequences - sold the club for �790m. But, instead of paying with cash, or with a small and manageable amount of debt, the Glazers slammed a massive mortgage on Manchester United and leveraged it to the hilt.
Substitute the Glazer family with the names of LBO firms and Manchester United with the names of numerous corporations and you can see what could happen.
In the US we've watched the LBO firms, calling themselves "private equity", burden companies. They take over businesses that in some cases employed tens of thousands of people, formed the heart of many communities and had been steady and reliable taxpayers.
These are companies such as Readers Digest (bankrupt), Simmons Mattress (bankrupt), Mervyn Stores (bankrupt).
Virtually no industry has been able to escape the pursuit of the LBO firms. Supermarket chains, theme parks, gambling casinos and building suppliers have all fallen victim to the LBO treatment.
Here's how the Glazers treated Manchester United.
They replaced the board of directors with family members. They buried the club beneath several increasingly expensive layers of debt, which in the last three years have cost Manchester United �130m in interest payments - more than five times what the club received after selling David Beckham to Real Madrid.
They took money out as onetime payments, loaned money to themselves at favorable rates and charged the club management fees. And now they are about to sell Manchester United's training ground and lease it back to the club.
If Sir Alex Ferguson wants to buy new players, it seems the club will have to assume even more debt.
Across the US the buyout firms have perfected the business plan.
A buyout firm spots a company with a healthy business. Boards of directors are tossed aside; assets are pledged; employees are fired; pre-before tax becomes earnings before interest, tax, depreciation and amortisation; all the energy turns from building a healthy long-term business to servicing the creditors.
Who benefits from all this? In the case of Manchester United it is certainly not the fans - the customers; the players - the employees; or the management -Sir Alex Ferguson and his staff, whose opportunity to share in the increase in equity value they built was flattened when the club was taken private.
The beneficiaries have been the Glazer family and the bankers, lawyers and accountants. (Just the banking fees for last week's bond offering equates to more than half of what Manchester United paid for Wayne Rooney).
When will all these people who act like sub-prime landlords have the decency to abide by a few simple principles? Don't buy what you cannot afford.
If you buy something, use your own cash. Reward the people who have built the business. Put earnings in the bank or invest in the future. And, one final thing, never confuse borrowers with owners.