How Does One Silence The Critics About BlackBerry Being Dead?
- Customer loyalty crashed to the floor with the Playbook! There is no convincing media outlets that Blackberry is not dead, hell; Jimmy Kimmel used an 8300 series phone In a parody vs. A bb10 device. That sent a signal loudly and clearly that blackberry has not moved beyond that which is considered old and obsolete!
Posted via CB10shaleem likes this.09-30-16 06:49 PMLike 1 - Why do not people here understand why the BlackBerry Board hired John Chen? If they thought the future was hardware they would have hired a CEO with hardware experience. They hired John Chen because he had experience in turning around software companies. Now that he has his old Sybase CFO with him, I would guess they are going to start looking for a buyer for BlackBerry. No company was going to buy BB while they were weighted down by a money losing HW division.10-01-16 01:13 AMLike 5
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- BlackBerry has built up a considerable portfolio of software because of its foray into Android.
They now have a potential recurring revenue stream from licencing and subscriptions of Android software.
They also have a potential way of monetizing their keyboard patent which was basically useless when tied to BB10 devices.
PRIV STV100-1/AAG191 DTEK50 STH100-1/AAG326 Z30STA100-5/10.3.3.746
Posted via CB1010-01-16 05:40 AMLike 0 -
Posted via CB1010-01-16 07:25 AMLike 0 - Why do not people here understand why the BlackBerry Board hired John Chen? If they thought the future was hardware they would have hired a CEO with hardware experience. They hired John Chen because he had experience in turning around software companies. Now that he has his old Sybase CFO with him, I would guess they are going to start looking for a buyer for BlackBerry.
They should've split the hardware division and handed it out to someone else like it's done now. Someone with experience in handsets. The fact they did so now shows you they've realized Chen is a big 0 in hardware.
The value of the company is seriously undervalued due to everyone identifying BlackBerry as a smartphone manufacturer. (This is why its appealing to buy it with a losing HW division). They can't see beyond that. When he shutdowns the hardware, not only he stops the money draining but he allows people to see the company as its true self, setting the stock to reach its true value.
When the Priv was released, the stock gained substantially in the following months after the initial hype. When people realized it wasn't selling, Well, selling times started and it went back to its pre-priv price. So they cut the hardware loose, scream & shout we're a software company like its propaganda, in order to allow people to see the true value.10-01-16 10:12 AMLike 0 -
WTS: Software Company
Item Description: Slightly used software company, a couple leaks in the revenue and user base, but once those are fixed it'd be good as new!
Price: $5 billion or first offer
Country Locked or Unlocked?: No Chinese
Condition: Gently used
Includes: Patent library, embedded OS, a couple handsets, thousands of irate fanboys
Item Location: Waterloo, ON
Payment Options: Cash, stock, debt10-01-16 11:40 AMLike 4 - No company shoots itself in a certain segment. They brought him to turn the company around because he succeeded in doing that in Sybase. He just wasn't a hardware guy but a software guy. They thought the problem is with the software (BB10) and maybe he can solve it, which will result in turning the hardware around. Because certainly the problem was in BB10, not bad devices or anything. He wasn't going to design the irresistible phone that makes people forget Apps.
They should've split the hardware division and handed it out to someone else like it's done now. Someone with experience in handsets. The fact they did so now shows you they've realized Chen is a big 0 in hardware.
Why? Its more attractive as an acquisition target when its losing. They can buy it for less $ per share this way. After they complete the acquisition they would shutdown the unprofitable hardware division and it will now longer weigh down on the company. As a result the stock will gain in the following months, as software revenues increase too. Companies always search for other under-performing & undervalued companies to acquire them. A Losing company is appealing if it has what it takes to be profitable. BB has that, you just have to kill the hardware.
The value of the company is seriously undervalued due to everyone identifying BlackBerry as a smartphone manufacturer. (This is why its appealing to buy it with a losing HW division). They can't see beyond that. When he shutdowns the hardware, not only he stops the money draining but he allows people to see the company as its true self, setting the stock to reach its true value.
When the Priv was released, the stock gained substantially in the following months after the initial hype. When people realized it wasn't selling, Well, selling times started and it went back to its pre-priv price. So they cut the hardware loose, scream & shout we're a software company like its propaganda, in order to allow people to see the true value.
He could not shut down the HW side right away
As Troy has stated they had too much of their existing cash tied up in inventory, not only phones but in parts at the companies building the phones. This is why BlackBerry needed the cash infusion when he took over. Too much of Blackberry's cash was committed.10-01-16 01:24 PMLike 4 - From day one John Chen stated he was moving BlackBerry to an enterprise software company. He had the BOD with him and still has their full backing. This has been the strategy since the end of 2013.
He could not shut down the HW side right away
As Troy has stated they had too much of their existing cash tied up in inventory, not only phones but in parts at the companies building the phones. This is why BlackBerry needed the cash infusion when he took over. Too much of Blackberry's cash was committed.
Why would he want to fail if he can really win in hardware. Anyone else would've shutdown the hardware much earlier than Chen, he was under immense pressure to do so but he continued until it really became boring.
Same goes for the board and Fairfax. They just cared about turning the company around, whether through both soft & hard or only soft. They only care about the bigger picture. To be honest, Chen should never be fired. The right move was to just separate the hardware and bring someone more knowledgeable in that segment. Let Chen do his software thing, the other guy does his hardware thing and let's wish them luck. But any talk regarding some sort of conspiracy to kill the HW by the board or Chen is far fetched. I see this being inferred quite often here, and really no one wanted that.anon(2313227) likes this.10-01-16 01:51 PMLike 1 -
I mention this because I've seen a few threads where BB and the government are mentioned in the same way as Nortel was (past tense entirely appropriate)
Just sayin'anon(8063781) and StephanieMaks like this.10-01-16 02:00 PMLike 2 - Just as you silence people when they tell you that your team is no good, IGNORE them. You won't change their minds.
Emperor of Texas & California.10-01-16 05:09 PMLike 0 - OK, you need to have some fun and to make a little money on this, or get yourself a free phone. It is heavily leaked for those in the know that the DTEK60 is coming out soon. BB's SVP of sales said categorically in an interview that there will be a PKB device within 6 months. I am sure that he would not be saying that if it were not the case, due to his position in the company. Otherwise he would be risking his job, since he is a spokesman for their device sales. Instead of arguing with these people, just wager a bet. If 1 or more BlackBerry branded phones come out within the next, say, 9 months they have to buy it for you or pay you the retail price it is listed for at release (for one of the phones of your choice). Otherwise you will buy them a phone up to $500 US. To up the stakes, if two come out within, lets give it 9 months, then they have to buy both for you. I think before they make the bet they will do a little research and will decide they don't want to make the bet. Problem solved.anon(3641385) likes this.10-06-16 02:12 PMLike 1
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How Does One Silence The Critics About BlackBerry Being Dead?
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