Don't mean shit when your long calls are OTM and will be expiring worthless and your long stock position is in the red.
Trailing 12 months FCF is $800 million. No debt. $3 billion in cash on the books.
Sorry, I read.
Microsofts Windows has become the third most popular smartphone operating system in the world, overtaking the BlackBerry OS for the first time.
But the two are still well behind Android and iOS, which had 79 per cent and 14.2 per cent of the global market respectively for the second quarter of this year, according to a report.
Microsoft managed 3.3 per cent of the market for the same period, with 7.4m units sold worldwide, while BlackBerry fell into fourth position with only a 2.7 per cent market share and 6.1m units sold.
This time last year, BlackBerry was ahead with 7.9m units sold and a 5.2 per cent market share, with Microsoft on a 2.6 per cent share and 4m units.
Don't mean shit when your long calls are OTM and will be expiring worthless and your long stock position is in the red.
That's funny, my portolfio says different. By yes, some of my calls are at high strikes. Not all of them though. And don't worry, my actual stock is actually in the green.
But you obviously know what my portfolio looks like.
BlackBerry is reportedly looking into spinning off its instant messenger division into its own separate company
The report from The Wall Street Journal on Tuesday, citing sources familiar with the matter, said a separate BlackBerry Messenger company would operate with "more independence."
Details were scarce: although, the subsidiary would be named BBM Inc., according to the report.
It comes at a time where the Canadian smartphone maker continues to weigh up its strategic options ahead of a potential sale. Earlier in August, BlackBerry announced the forming of a special committee to, among others, "possible joint ventures, strategic partnerships or alliances, a sale of the Company or other possible transactions."
<snip>
That's funny, my portolfio says different. By yes, some of my calls are at high strikes. Not all of them though. And don't worry, my actual stock is actually in the green.
But you obviously know what my portfolio looks like.
2 years and you're still hawking BBRY in these threads. If you're a man of your word, and kept buying when it dropped, you should be in the red by now. I can't imagine even you would be dumb enough to keep buying regardless of what you keep stating on here.
Just a matter of time before Apple is in the same position as Blackberry in terms of market share in respect to mobile phone sales. The amount of people jumping ship from Apple to Android is astounding.
Six years ago practically everybody had Blackberries. Then four years ago practically everybody had iPhones. Now I see practically everybody with Android phones.
Well, I've been waiting for the Galaxy Note 3 so let's see what happens.Tech changes quickly.
I love my Z10. I think it makes Android and iOS look bad (as an OS, ya there is an app gap). I know BB10 might never take off.
But point is, if you told people 3 years ago that iOS might get killed by Android, people would call you an idiot. This was only 3 years ago.
In 3-5 years no one knows who will be dominant. It could be Microsoft. Having gone into Best Buy recently, I really think Microsoft could take over. They are spending some serious money for product placement and in store ads.
Every time i walk by an Apple store though, I am amazed. The place is packed. And Microsoft kiosks are empty.
Of course, smart phone commoditization will occur eventually. That should make for interesting times. It's already starting with the GS4. I know more than one person that waited for it and when they saw it, they laughed. They went out and got the GS3 and saved $150.
Don't mean shit when your long calls are OTM and will be expiring worthless and your long stock position is in the red.
Only valid argument left is that people may have held out for the keyboard version...
When BlackBerry Ltd. BBRY -1.36% Chief Executive Thorsten Heins was asked why he decided to start selling the company's new keyboard-equipped smartphone months after a new touch-screen device, he said it was because BlackBerry "owned" the keyboard phone market and could afford to wait.
That decision appears to have backfired. Sales of the keyboard-equipped Q10, which BlackBerry hasn't discussed publicly, have been dismal, according to carrier executives and retailers in the U.S. and Canada.
Those indications cast a shadow over what had been BlackBerry's best hope for getting back into a smartphone market dominated by Apple Inc. AAPL -0.91% and Samsung Electronics Co. 005930.SE +1.03% They also show the urgency of the company's decision earlier this month to explore options including a sale of the company.
Chris Jourdan, who owns and operates 16 Wireless Zone stores in the Midwestern U.S. that sell Verizon Wireless products, said customers didn't show up for the Q10 as expected. His stores only ordered a few of the devices per location and "the handful that sold were returned."
"We saw virtually no demand for the Q10 and eventually returned most to our equipment vendor," he said.
<snip>
In Canada, BlackBerry's home turf, the Q10 was expected to sell briskly. But sales appear to have fallen flat there as well.
"I think we'd all say that the Q10, the one we all thought was going to be the savior, just hit the ground and died," an executive at a Canadian carrier said. "It didn't drive the numbers that anybody expected."
an executive at a Canadian carrier said. "It didn't drive the numbers that anybody expected."
Exactly what 95% of the people in this thread knew would happen. The remaining 5% were blinded by, well God knows what blinded them.Yeah, about that...
WSJ: Sales of BlackBerry's Q10 Keyboard Phone Fall Flat
Edit: Before anyone says "but, but... Canada!",
Not dire? That must be why they are thinking of selling the company.Things are not as good as they used to be, but things are not dire. The problem is predicting if BBRY will experience growing or declining revenues over the next 8 quarters. If they grow, the stock should do fine.
Well, there's dire and then there's dire. They do have $2.8B in cash. That's going to take a while to burn out.