BlackBerry loses $4.4 billion in Q3, sells just 4.3 million devices

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Comments

  • Reply 41 of 105

    Someone bring shovels.

  • Reply 42 of 105
    Quote:
    Originally Posted by TeaEarleGreyHot View Post

     



    Respectfully, your perspective needs an adjustment.  That's 4.3 million devices in a quarter (phones of all types).  Apple is manufacturing/selling the iPhone 5s's (just the one model) at a rate of a half million PER DAY. 

    http://appleinsider.com/articles/13/11/27/foxconn-building-500k-iphone-5s-units-for-apple-per-day-with-nonstop-production-lines

     

    As to why BB is losing money, I can only suggest that their customers won't pay enough to cover costs and provide a profit (i.e., the product is not compelling enough that people will pay a premium for it). And BB doesn't have an effective, money-making app store.  Perhaps BB users buy a phone, and are satisfied doing their email and gabbing.  Whereas iPhone customers actually BUY apps and USE their phones for many more daily activities, ranging from internet-browsing to gaming to reading to productivity, to health monitor/workout coach and much more!


     

    Not forgetting, of course, that Steve J. said he'd be happy with 1% of the market... right about where BB stands now [actually, BB has more than 1% of the market].

    (Personally, I think SJ was joking)

  • Reply 43 of 105
    hill60hill60 Posts: 6,992member

    This is the result of a blind focus on "market share", BB was once a leader, just like Nokia.

     

    Too bad most people are too dumb to realise this, although a blind focus on market share makes for easy pickings for the wolves of Wall St.

  • Reply 44 of 105
    willychu wrote: »
    Wait, they lost $4B in the last quarter, but only have $3.2B left in the bank for this coming quarter. Am I missing something? Looks like GAME OVER.

    Well, there's commercial credit.
  • Reply 45 of 105
    I think they should stop worrying about hardware at this point and become blackberry software. And create a whole suite of secure apps for iOS. They could make a ton of money doing this. Turn into a small software company.
  • Reply 46 of 105

    Constable Odo...Could agree with you more, except don't fire Mr. Cook, just give him back his job of expertise and get someone with a pulse and competitive fire in there as CEO, preferable someone under 50 years old so they can also least appear to have some energy.

     

    Tim Cook has to be considered the most boring dude ever, and he has single-handedly made AAPL the most boring company in Silicon Valley.  Despite all their great products and phenomenal computing ecosystem, gone are the days of "edgy" ads and innovation.  Moving forward, AAPL clearly illustrates in their holiday ad, that if you invest in this company, you will end up like the grandma wiping her tears.  Better to invest in Exxon at this point.  The 5s is awesome, iPads are awesome, MacBooks, iMacs, iTV, etc. but the failure to roll out the China Mobile deal asap and in step with the 5s is just another missed opportunity by Cook and Co. These guys are showing their age, despite their operational expertise.  I have refused to believe that AAPL is finished innovating, but let's face it, SJ is gone and Cook is merely a candle flame compared to SJ's ability to create a firestorm.  Look at AAPL's executive page and it's like visiting a colonial wax museum...Get some fresh management and enthusiasm in there Cook, your present leadership is well represented by your holiday commercial...heartwarming, victory lappish, but boring and hardly a visualization of the future or anything to come.

     

    Tim Cook is an "uber" boring dude with the personality of a viagra commercial actor.

  • Reply 47 of 105
    Quote:

    Originally Posted by Rogifan View Post



    And their stock is up 7% in trading today.

     

    At this point, their stock is up 15% for the day.  But I keep in mind that, even now, their stock is DOWN 95% since June '08.

  • Reply 48 of 105
    quinneyquinney Posts: 2,526member
    tjrsv wrote: »
    Constable Odo...Could agree with you more, except don't fire Mr. Cook, just give him back his job of expertise and get someone with a pulse and competitive fire in there as CEO, preferable someone under 50 years old so they can also least appear to have some energy.

    Tim Cook has to be considered the most boring dude ever, and he has single-handedly made AAPL the most boring company in Silicon Valley.  Despite all their great products and phenomenal computing ecosystem, gone are the days of "edgy" ads and innovation.  Moving forward, AAPL clearly illustrates in their holiday ad, that if you invest in this company, you will end up like the grandma wiping her tears.  Better to invest in Exxon at this point.  The 5s is awesome, iPads are awesome, MacBooks, iMacs, iTV, etc. but the failure to roll out the China Mobile deal asap and in step with the 5s is just another missed opportunity by Cook and Co. These guys are showing their age, despite their operational expertise.  I have refused to believe that AAPL is finished innovating, but let's face it, SJ is gone and Cook is merely a candle flame compared to SJ's ability to create a firestorm.  Look at AAPL's executive page and it's like visiting a colonial wax museum...Get some fresh management and enthusiasm in there Cook, your present leadership is well represented by your holiday commercial...heartwarming, victory lappish, but boring and hardly a visualization of the future or anything to come.

    Tim Cook is an "uber" boring dude with the personality of a viagra commercial actor.

    How about Jason Statham?
  • Reply 49 of 105

    Sean Penn, left-wing liberal, progressive, but not afraid to say something politically incorrect or hit someone right in the mouth.  Cook would like to think he is like SJ, but he's not even close...he's a gray-suit.  With the cool kid-super dork commercials, SJ was basically smacking Gates right in the chops.  Name once where Cook has displayed any attitude other than super limp noodle grandpa.  "We are not in the junk business" is about the boldest thing Grandpa Cook has ever said from my perch.

  • Reply 50 of 105

    BB is DEAD.

  • Reply 51 of 105

    I wonder how many IT guys still insist on BB, still?

     

    ...and Windows....and Android. 

     

    Come on guys, get a clue! sheez.

  • Reply 52 of 105
    Blackberry is dead. Run!
  • Reply 53 of 105
    aaronjaaronj Posts: 1,595member
    Quote:

    Originally Posted by island hermit View Post

     

     

    Not forgetting, of course, that Steve J. said he'd be happy with 1% of the market... right about where BB stands now [actually, BB has more than 1% of the market].

    (Personally, I think SJ was joking)


     

    While he was most likely joking, it's always important to consider margins.  There are companies in pretty much every endeavor that control a tiny portion of the market yet, because of high margins, make a great profit.  I have no idea, for instance, what Ferrari's market share is (yes, I know they are now owned by Fiat) but I'm guessing they still pull in a decent profit on each auto sold.

     

    Whether that can be said about BB, I don't know (and frankly I doubt it).  

  • Reply 54 of 105
    clemynxclemynx Posts: 1,510member
    It's certainly sad to see a company that was so popular die a slow death. I hope they manage coming out of this situation somehow. Their last OS had interesting ideas and I thought it looked better than Android.
  • Reply 55 of 105
    clemynxclemynx Posts: 1,510member
    Not forgetting, of course, that Steve J. said he'd be happy with 1% of the market... right about where BB stands now [actually, BB has more than 1% of the market].
    (Personally, I think SJ was joking)
    He wasn't joking. He had seen the success of the iPod but also how hard it was to compete in markets with huge competitors like MS, even with a superior product. That may have been on of the times he was modest and ended up smashing the competition. But yes, he probably dreamt of what happened. How could anyone in his position not feel like a god?
  • Reply 56 of 105
    solipsismxsolipsismx Posts: 19,566member
    Not forgetting, of course, that Steve J. said he'd be happy with 1% of the market... right about where BB stands now [actually, BB has more than 1% of the market].
    (Personally, I think SJ was joking)

    He also said "the first year" so we can assume he didn't mean for all time. Plus that was a simple, rounded figure where he, as I recall, considered there would be 1 billion handset shipped for 2007 and he wanted to sell 10 million units in the first year. Whether this was the remainder of the 2007 calendar year or the first full year of the iPhone being on sale seems up in the air, but moot.
  • Reply 57 of 105
    dasanman69dasanman69 Posts: 12,984member
    clemynx wrote: »
    Their last OS had interesting ideas and I thought it looked better than Android.

    It didn't do them much good, now did it?
  • Reply 58 of 105
    Quote:

    Originally Posted by SolipsismX View Post





    He also said "the first year" so we can assume he didn't mean for all time. Plus that was a simple, rounded figure where he, as I recall, considered there would be 1 billion handset shipped for 2007 and he wanted to sell 10 million units in the first year. Whether this was the remainder of the 2007 calendar year or the first full year of the iPhone being on sale seems up in the air, but moot.

     

    Well, I guess that should tell BB something. If they consider this the first year of the new company then all they have to do is come out with a revolutionary new phone and then the world is theirs.

     

    Simple.

  • Reply 59 of 105
    I have a Q10 sitting in my drawer. Problem is, many of the great and simple features that were perfect in OS7, don't even work in OS10. Can you believe, if you put a task in from outlook, you can't even put the time in so you can get an audible or visual reminder? Oh....you say you can in 10.2? Well guess what, 10.2 which has been out for months, has NOT been given a formal release from Verizon or ATT. Perhaps if they took a page out of Apple's book, and released updates directly, instead of through the carriers, more folks in the US would use BB! Their BES10 has been problematic since it was first released, and companies have refused to allow it in their enterprise. At least they have been working on that, but that was their bread and butter, and they have lost their core enterprise base. Most of the enterprises I am aware of, are still using their OS 5, 6, and 7 devices for reliability, and their older BES systems. What would be my perfect BB? A 9900 derivative, using OS7, with a MUCH improved browser. Thats all they really needed. (and better app support) OS10 is way too cumbersome IMHO. (I'm sticking to my iPhone 5)
  • Reply 60 of 105
    tjrsv wrote: »
    Constable Odo...Could agree with you more, except don't fire Mr. Cook, just give him back his job of expertise and get someone with a pulse and competitive fire in there as CEO, preferable someone under 50 years old so they can also least appear to have some energy.

    Tim Cook has to be considered the most boring dude ever, and he has single-handedly made AAPL the most boring company in Silicon Valley.  Despite all their great products and phenomenal computing ecosystem, gone are the days of "edgy" ads and innovation.  Moving forward, AAPL clearly illustrates in their holiday ad, that if you invest in this company, you will end up like the grandma wiping her tears.  Better to invest in Exxon at this point.  The 5s is awesome, iPads are awesome, MacBooks, iMacs, iTV, etc. but the failure to roll out the China Mobile deal asap and in step with the 5s is just another missed opportunity by Cook and Co. These guys are showing their age, despite their operational expertise.  I have refused to believe that AAPL is finished innovating, but let's face it, SJ is gone and Cook is merely a candle flame compared to SJ's ability to create a firestorm.  Look at AAPL's executive page and it's like visiting a colonial wax museum...Get some fresh management and enthusiasm in there Cook, your present leadership is well represented by your holiday commercial...heartwarming, victory lappish, but boring and hardly a visualization of the future or anything to come.

    Tim Cook is an "uber" boring dude with the personality of a viagra commercial actor.

    tjrsv wrote: »
    Sean Penn, left-wing liberal, progressive, but not afraid to say something politically incorrect or hit someone right in the mouth.  Cook would like to think he is like SJ, but he's not even close...he's a gray-suit.  With the cool kid-super dork commercials, SJ was basically smacking Gates right in the chops.  Name once where Cook has displayed any attitude other than super limp noodle grandpa.  "We are not in the junk business" is about the boldest thing Grandpa Cook has ever said from my perch.

    I take a boring Tim Cook with his expertise over a youngster inexperienced nobody any day. You may think he speaks boring but this is not how he was received during his Auburn speech:



    Further, there's no reason to believe Apple 'missed an opportunity with CM'. There have only been rumours, and I don't think Apple should lower their profit margins just because CM has the largest customer base in the world.

    Lastly, Cook isn't trying to imitate Steve as he is a person in his own right. Steve was himself, for better or worse, I too enjoyed his keynote presentation skills very much. So much so that I actually miss the man. Still, if your post is taken at face value, meaning what would be best for AAPL, I'd say we all should be lucky to have Tim at the helm. This year has been yet another one with fantastic products, both software and hardware. Plus we have seen the stock:

    1000

    If that is the work of a CEO, which I don't think it is, he certainly seems to be doing an exceptional good job. Even without looking at the competition.

    In short, I don't think he looks like a 'commercial actor', but that is merely my opinion, just like you have yours.
    solipsismx wrote: »
    He also said "the first year" so we can assume he didn't mean for all time. Plus that was a simple, rounded figure where he, as I recall, considered there would be 1 billion handset shipped for 2007 and he wanted to sell 10 million units in the first year. Whether this was the remainder of the 2007 calendar year or the first full year of the iPhone being on sale seems up in the air, but moot.

    It was for calendar 2008. He specifically stated this in the very same keynote, but it's after his first statement that they wanted 1% marketshare.
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