RIM death watch

[Bateluer]

Where do you get this information? Because most of it is false and shows someone that is misinformed. So, please show me a source of information. I am especially excited to see your model that shows the cash level dropping to zero.

False? How is it false? Most of us lived through Blackberry's decline. The 'modern' smartphone market only started with the launch of the original iPhone. And Blackberry did absolutely nothing to even respond to it for almost 5 years. Thats stupidity at its finest.

Blackberry isn't selling phones. Blackberry isn't selling tablets. Blackberry is losing business customers en mass. They're running on fumes until they run out cash, plain and simple. Chen may have a good vision, but his company needed to turn things around 2 years ago, at the latest. I don't think they have it in them. Nobody wants Blackberry anything any more.

When they finally do go bankrupt, their patent collection is going to be auctioned off. Expect a big dust up between the major players then, likely Google, Apple, and Microsoft, to get those patents.

 

[akugami]

...What is interesting is Chen .... he is looking at 5 years from now. It is an entirely different plan and it is extremely forward looking like it should be. it has nothing to do with catering to consumers and everything to do with secure hardware integration at the enterprise level.

What is interesting and what all the blackberry haters are clueless about is what is happening now at blackberry. When 5 years from now, you go to the hospital and find out that all the hardware is wirelessly integrated in a secure manner using a worldwide secure infrastructure that has been around for many years ... and see a logo on the machines .... that's when the haters will finally get it. Chen is taking BBRY in a very interesting direction.

I should just delete this ... grenade thrown ... door closed ... clicking post ... not opening thread to read responses for atleast a week because I already know what I am going to read (words from an uneducated public).

RIM had the enterprise market. They could have expanded this into other mobile device markets. They screwed it up. Badly.

5 years from now, I see iOS and Android in hospital devices. Possibly Microsoft.

Apple. I already saw a ton of iPads in hospitals used for medical purposes when my daughter was in the hospital for a week. The iPads are actually making huge inroads in the healthcare industry with custom apps, devices, and as an electronic clipboard. The recent news that Apple is teaming up with IBM only helps strengthen iOS's enterprise outlook.

Android. Android is so entrenched that due to sheer market size it has to make some kind of inroad in highly specialized industries like healthcare. The cost is cheap. It's easy and cheap (relatively speaking) to make your own specialized and secure Android device. Unlike iOS, where Android may make its biggest leap is with embedded devices. Unlike iOS which can only integrate with medical devices, you will have Android actually running the medical devices. This is already happening.

Microsoft. MS is huge, they're on practically every computer in the hospital. Windows embedded versions are running on a lot of medical devices. I wouldn't count MS out simply because of this.


I'm not saying RIM's new CEO isn't on the right track, but is it too little too late? Apple, Google, and Microsoft are three gorillas that RIM will have to fight for a piece of the pie. RIM is no longer the industry darling it once was. With each passing day, it becomes harder and harder for RIM to come back.

 

[Spungo]

I'm not saying RIM's new CEO isn't on the right track, but is it too little too late? Apple, Google, and Microsoft are three gorillas that RIM will have to fight for a piece of the pie. RIM is no longer the industry darling it once was. With each passing day, it becomes harder and harder for RIM to come back.

It's too late. They have a lot of angry former blackberry owners. My brother had one, and the picture messaging was retarded. On a normal phone, even the cheap flip phone I had in 2005, a picture would show as an attachment. Use the arrows and enter key to select the image, and it would display. On a blackberry, it would try to redirect to Sprint's website, the browser would open, it would ask for login info. It was such a huge pain in the ass, and this was very recent; maybe 2 years ago at the most. It's not a Sprint problem because my cheap flip phone was a Sprint phone, and I could open pictures without a problem. I don't know a single person who still owns a blackberry. Most have switched to iphones or droid phones.

 

[webdave]

It's too late. They have a lot of angry former blackberry owners. My brother had one, and the picture messaging was retarded. On a normal phone, even the cheap flip phone I had in 2005, a picture would show as an attachment. Use the arrows and enter key to select the image, and it would display. On a blackberry, it would try to redirect to Sprint's website, the browser would open, it would ask for login info. It was such a huge pain in the ass, and this was very recent; maybe 2 years ago at the most. It's not a Sprint problem because my cheap flip phone was a Sprint phone, and I could open pictures without a problem. I don't know a single person who still owns a blackberry. Most have switched to iphones or droid phones.

That sounds like his phone was having issues or he was running really out of date software. Any BB running an OS newer than around 2009 could natively send/receive MMS messages on Sprint.

 

[pete6032]

It's too late. They have a lot of angry former blackberry owners. My brother had one, and the picture messaging was retarded. On a normal phone, even the cheap flip phone I had in 2005, a picture would show as an attachment. Use the arrows and enter key to select the image, and it would display. On a blackberry, it would try to redirect to Sprint's website, the browser would open, it would ask for login info. It was such a huge pain in the ass, and this was very recent; maybe 2 years ago at the most. It's not a Sprint problem because my cheap flip phone was a Sprint phone, and I could open pictures without a problem. I don't know a single person who still owns a blackberry. Most have switched to iphones or droid phones.

I had that too, on my Sprint Blackberry Pearl, 6 years ago, on BB OS 4.

 

[Ichinisan]

BlackBerry's rebirth: how a fallen smartphone giant plans to remake itself

Confused. I don't see where this article even begins to explain how.

 

[Eymar]

In the captions of slideshow: http://www.engadget.com/gallery/blackberrys-rebirth/#!slide=2821274

 

[Ichinisan]

In the captions of slideshow: http://www.engadget.com/gallery/blackberrys-rebirth/#!slide=2821274

Not sure if I can do that on my iPhone. I'll check it later. Thanks

 

[Imp]

Not sure if I can do that on my iPhone. I'll check it later. Thanks

Sold everything off, fired as many people as possible, then returning to "core customers".

Unwritten plan seems to be: function as a smaller, niche business.

 

[Attic]

Worth 2 billion at most. Probably less than half that.

I've seen folks fleeing from blackberry for years, of course SHTF for them a few years ago 2011-2012 when there was all the talk about their rebirth and they royally failed on that.

I'd be more likely to see a polar bear in Los Angeles than someone using a Blackberry today. A lot of the hype out of the company was so that insiders could dump shares before the end IMO.

 

[corwin]

Not sure if I can do that on my iPhone. I'll check it later. Thanks

Sarcasm or big ass lol?

Read it all on my BlackBerry Z30

 

[Spungo]

Worth 2 billion at most. Probably less than half that.

If you value it based on cash flow, the company is worth zero.
https://finance.yahoo.com/q/ks?s=BB.TO



Reminds me of this:

or maybe this:

 

[Ichinisan]

Sarcasm or big ass lol?

Read it all on my BlackBerry Z30

I read it on my iPhone. The next time I looked at the page, it re-formatted itself to show the slideshow.

I absolutely loathe when a site detects a mobile device and deliberately fucks itself up when my device would have handled the full-function desktop site just fine.

 

[IHateMyJob2004]

http://www.forbes.com/sites/matthew...an-the-worlds-richest-doctor-fix-health-care/

 

[IHateMyJob2004]

If you value it based on cash flow, the company is worth zero.

OK, what about future free cash flows?

 

[AyashiKaibutsu]

OK, what about future free cash flows?

A bird in hard is worth two in the bush.

 

[IHateMyJob2004]

A bird in hard is worth two in the bush.

What is that even supposed to mean? In investing a bird in the hand is useless. It's knowing how many birds you have 5 years from now that matters.

An investor that only looks at old financial data is an investor that is going to loose money.

Oh, I came to post a note ... the OP is going to have to change the thread title in the next quarter or two. BBRY is no longer at any risk of dieing any time soon. Stabilizing the business is over. They are now working on growth.

 

[AyashiKaibutsu]

What is that even supposed to mean? In investing a bird in the hand is useless. It's knowing how many birds you have 5 years from now that matters.

An investor that only looks at old financial data is an investor that is going to loose money.

Oh, I came to post a note ... the OP is going to have to change the thread title in the next quarter or two. BBRY is no longer at any risk of dieing any time soon. Stabilizing the business is over. They are now working on growth.

Keep trying to spin that the emperors clothes look fabulous though! It's very entertaining.

An investor that invests on stock trends is doomed yes... an investor that is blind to history and the state of things no, but they are what you need to happen.

 

[IHateMyJob2004]

Keep trying to spin that the emperors clothes look fabulous though! It's very entertaining.

An investor that invests on stock trends is doomed yes... an investor that is blind to history and the state of things no, but they are what you need to happen.

I just find it funny how so many people are blind to Blackberry's current state.

 

[Ns1]

pardon the obvious, what the fuck is BB's business these days.

 

[pete6032]

pardon the obvious, what the fuck is BB's business these days.

Enterprise software + mobile phones. Their affordable low-end phones sell like hotcakes in developing nations and their BES software now works with Android and iOS devices. They have also been trying to get QNX/BBOS into the auto industry and have expanded Blackberry Messenger over to iOS and Android.

People see their phones selling poorly in the U.S. and just assume that since they don't have a good selling high-end phone in a 1st world market that they're doomed.

Haven't owned a BB myself in several years and have no real desire to own one now or in the future.

 

[Imp]

It looks like BB will survive... but I don't see it ever returning to its former glory. They've cut so much that their expenses are probably manageable and their PR suggests they are focused on niche markets.

Regardless, anything they can do, Microsoft, Google, Apple, and Samsung all have their tentacles in. And unlike BB, all those companies have at least one hugely profitable division with a license to print money to fund other endeavors.

 

[desura]

So I think they should have become a software company like whatsapp

 

[TwiceOver]

 

[IHateMyJob2004]

There is that Nanthealth partnership. They are seeking to manage a large chunk of the worldwide health care IT market where HIPA is a HUGE issue that those interested in this market will have problems. Apple and ANdroid phones are rootable? That's a big issue.

People need to read up on Nanthealth. BBRY owns a chunk of it.

Pre Chen, BBRY was blindly chasing the big markets. Post Chen, they are focusing on niche markets and better controlling inventory and expenses. It's easier to control inventory when you start to ignore the consumer segment. Enterprise is 1/3 of the smartphone market. If BBRY can become a niche market in enterprise ..... it's not exactly small. Niche does not mean small .. it means specialized.

2 years on BB10. After one month on BB10 I was happy to kiss my first and last Android device goodbye. Android is garbage once you get used to BB10. The open minded here will atleast give it a chance. Not fanboys though. That's fine. I don't care about consumers as an investor in BBRY. BBRY stock will probably be over $20 in a year.