Blackberry still has enough lemons to make lemonade, but it needs to ditch the hardware business anchor ASAP and get into a lean fighting form. As a pure software, services, and IP licensing company, their cash horde would last them a long time, so they can refocus and figure out how to monetize their assets. They can't afford any more hardware gambles. They can license their brand to an Android manufacturer, but should not build hardware themselves.
I agree that Blackberry's IP is still worth a good sum to the likes of Microsoft, Apple, or Google.
The brand name? Not so much. At this point, folks would be embarrassed to carry around a phone with a Blackberry logo on it, as the brand just symbolizes "obsolete" or "failure" to many people. Seriously... for the trendy hipsters, it would be like buying something with a KMart or Blockbuster logo on it.
I agree that Blackberry's IP is still worth a good sum to the likes of Microsoft, Apple, or Google.
The brand name? Not so much. At this point, folks would be embarrassed to carry around a phone with a Blackberry logo on it, as the brand just symbolizes "obsolete" or "failure" to many people. Seriously... for the trendy hipsters, it would be like buying something with a KMart or Blockbuster logo on it.
I agree that Blackberry's IP is still worth a good sum to the likes of Microsoft, Apple, or Google.
The brand name? Not so much. At this point, folks would be embarrassed to carry around a phone with a Blackberry logo on it, as the brand just symbolizes "obsolete" or "failure" to many people. Seriously... for the trendy hipsters, it would be like buying something with a KMart or Blockbuster logo on it.
I agree that Blackberry's IP is still worth a good sum to the likes of Microsoft, Apple, or Google.
The brand name? Not so much. At this point, folks would be embarrassed to carry around a phone with a Blackberry logo on it, as the brand just symbolizes "obsolete" or "failure" to many people. Seriously... for the trendy hipsters, it would be like buying something with a KMart or Blockbuster logo on it.
It is a joke in those, too. We have a guy who comes in to fix some of our equipment and I've been ribbing him on his black berry for a couple of years. He always talked well of it. Yesterday came in with a Galaxy Note and regaled me for 10-15 minutes about all the ways he hates his blackberry. If anything I think IT people are more intolerant of inferior tech than consumers.I agree. The whole of BBM is less than the sum of all its parts. Maybe in the IT departments, BBM is a positive brand but it only means clunky, outdated tech to consumers.
That would indeed be great news for the 27 people with a BB10 device.Holy crap.
This morning a rumor about Google play coming to bb10 phones came out. I found it interesting since leaks all of a sudden have stopped. And members of leak groups are saying that nothing is being seen as leaks. But I thought this was some guy making up BS and I ignored it.
Now a member of one of a leak team basically came out and said it is no rumor and that it is actually happening. Google agree to it. And apparently Google services is already bb10 software but disabled.
Just blown away at this news.
There's no way in hell that's real.
It is a joke in those, too. We have a guy who comes in to fix some of our equipment and I've been ribbing him on his black berry for a couple of years. He always talked well of it. Yesterday came in with a Galaxy Note and regaled me for 10-15 minutes about all the ways he hates his blackberry. If anything I think IT people are more intolerant of inferior tech than consumers.That would indeed be great news for the 27 people with a BB10 device.
BB leader in 5 years? You must be taking a piss, there's no chance of it.U
Har har.
I'm sure this it guy had bb10 and not an older phone. That's a rhetorical question BTW.
Having bb10 and knowing how the user experience works, I can not stand touching apple or android phones anymore. The user experience sucks, but people Are to ignorant to know it.
So, I get a superior user experience and soon, I get all the android apps.
I feel sorry for everyone that is to close minded to consider non android and non iOS phones.
Well, tech changes fast. Anyone could be the leader in 5 years. It could be bbry.
BB leader in 5 years? You must be taking a piss, there's no chance of it.
U
Har har.
I'm sure this it guy had bb10 and not an older phone. That's a rhetorical question BTW.
Having bb10 and knowing how the user experience works, I can not stand touching apple or android phones anymore. The user experience sucks, but people Are to ignorant to know it.
So, I get a superior user experience and soon, I get all the android apps.
I feel sorry for everyone that is to close minded to consider non android and non iOS phones.
Well, tech changes fast. Anyone could be the leader in 5 years. It could be bbry.
It's been very entertaining to see your credibility in regards to investing nosedive further and further with idiotic posts.
Blackberry. lols.
Read something in the economist today or some other rag, it interviewed a bunch of previous execs at blackberry. Pretty clear from this article (plus anybody paying attention) that BB simply fell into the same old trap of thinking it owned the market and always would and just because it was the leader now it didn't need anybody to tell it what to do. Lack of innovation, lack of quickly responding to the market = another dead company.
World leaders were just photographed with one, don't expect a sale anytime soonStill waiting for the fire sale of the z10s
Trailing 12 months FCF is $800 million. No debt. $3 billion in cash on the books.
Sorry, I read.
Don't worry. When it comes to value investing web sites I have plenty of credibility. No offense, but a tech forum is not really a place I care to get graded. And people that want to grade me on one stock pick are geniuses themselves!
PS: Blackberry still has $2B in cash (less debt). Hopefully Chen can do some good.