Lets make some Money and share with one another :) 1 Love 1 Goal $$$$
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Yes you should upgrade to the latest and greatest Q10 it's going to be an awesome phone with fast speed.
Older generation is looking forward to Q10.
TORONTO (AP) -- The maker of the BlackBerry phone said Tuesday that a modern smartphone with a physical keyboard will be available in Canada in the coming weeks as major wireless companies started taking advance orders.
Details on when the BlackBerry Q10 will go on sale elsewhere will be announced soon, Research In Motion Ltd. said. Advance orders are already being accepted in the U.K.
The BlackBerry, pioneered in 1999, had been the dominant smartphone for on-the-go business people and other consumers before the iPhone debuted in 2007 and showed that phones can handle much more than email and phone calls. RIM faced numerous delays modernizing its operating system with the BlackBerry 10. During that time, it had to cut more than 5,000 jobs and saw shareholder wealth decline by more than $70 billion.
RIM surprised Wall Street last month by returning to profitability and shipping about 1 million touch-screen BlackBerry Z10 phones in the most recent quarter, which ended March 2. It will take several quarters, though, to know whether RIM is on a path toward a successful turnaround. RIM had just entered the critical U.S. market with the Z10 phone, and the more anticipated Q10 keyboard phone won't be on sale until late May or June because of testing by U.S. wireless companies.
The U.S. delay in selling the new keyboard BlackBerry complicates RIM's efforts to hang on to customers tempted by Apple's iPhone and a range of devices running Google Inc.'s Android operating system. Even as the BlackBerry has fallen behind rivals in recent years, many BlackBerry users have stayed loyal because they prefer a physical keyboard over the touch screen found on the iPhone and most Android devices. The temptations to switch grow with each additional delay, despite favorable reviews for BlackBerry 10 operating system.
Canadian carriers Rogers Communications Inc. and Telus Corp. both said Tuesday that advance orders are under way for the keyboard Q10 device, but neither would provide an exact date for when the Q10 would be available. Telus is offering the phone one a $199 with a three-year service agreement or $700 without a contract.
The all-touch-screen Z10 launched in Canada and other markets earlier this year and in the United States last month.
BBRY will do good
What's up everyone, I am new to this stock. Just wondering if this is a good investment?
Slow day
Update china bough 2 million black berry phone heard this in the news
Pre market .40 up
I gotta start making money with you guys
I guess everyone is busy partying from the $$$$ they made from bbry. Lol
Good morning everyone it's Saturday wake up
U.K. retailer begins taking preorders for BlackBerry Q10, The Next Web says
Theflyonthewall.com – 49 minutes ago
U.K. retailer Carphone Warehouse has begun taking preorders for the BlackBerry (BBRY) Q10, according to The Next Web. The device, which features a keyboard and uses the new BlackBerry 10 mobile operating system, can be obtained without an upfront fee and for as low as GBP32 per month, the website noted.
Pre market down -14
Did you guys see that buy 120,000 shares bought
I am just moved into bio stock good returns there
What's up with bbry today down low.
Greetings ever one
What's up all. So one of my friends told me to check this stock as its going upwards to 6.
What's Up With This Stock
BlackBerry Shares Advance After Paradigm Raises Rating to Buy
By Hugo Miller - Apr 1, 2013 12:15 PM ET
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BlackBerry gained as much as 5.5 percent after Paradigm Capital Inc. raised its rating on the stock to “speculative buy,” saying rumors of the smartphone maker’s demise have been “greatly exaggerated.”
Gabriel Leung, an analyst at Paradigm in Toronto, upgraded the shares from a hold rating and now expects the stock to reach $19 in the next 12 months, compared with a previous estimate of $16.
The company posted better-than-expected earnings last quarter, even as sales missed projections, a sign that profit margins are improving, Leung said in a report. Adding to the optimism: The BlackBerry Q10, a model with a physical keyboard that’s expected to be popular with corporate customers, is due out soon, he said. Leung also cited the imminent departure of BlackBerry inventor Mike Lazaridis from the board, a move that could make the company more likely to be sold.
“While the company is certainly not out of the woods, we believe the stock is worth a second look given the stabilized operational results, pending launch of the highly anticipated Q10 keyboard device (which should be supported by a strong corporate refresh), and a possible rejuvenation of takeover speculation,” he said in the report.
The stock climbed 4.9 percent to $15.15 at 11:56 a.m. in New York. The shares, already up 22 percent this year through last week, climbed as high as $15.24 earlier in today’s session.
To contact the reporter on this story: Hugo Miller in Toronto at hugomiller@bloomberg.net
To contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.net
Jokes cause windows phone sucks due to system crashes a lot.
Why Research In Motion May Be About to Take Off
By Seth Jayson | More Articles
April 1, 2013 | Comments (0)
Here at The Motley Fool, I've long cautioned investors to keep a close eye on inventory levels. It's a part of my standard diligence when searching for the market's best stocks. I think a quarterly checkup can help you spot potential problems. For many companies, products that sit on the shelves too long can become big trouble. Stale inventory may be sold for lower prices, hurting profitability. In extreme cases, it may be written off completely and sent to the shredder.
Basic guidelines
In this series, I examine inventory using a simple rule of thumb: Inventory increases ought to roughly parallel revenue increases. If inventory bloats more quickly than sales grow, this might be a sign that expected sales haven't materialized. Is the current inventory situation at Research In Motion (Nasdaq: BBRY ) out of line? To figure that out, start by comparing the company's inventory growth to sales growth. How is Research In Motion doing by this quick checkup? At first glance, pretty well. Trailing-12-month revenue decreased 39.9%, and inventory decreased 41.3%. Over the sequential quarterly period, the trend looks worrisome. Revenue dropped 1.8%, and inventory grew 31.9%.
Advanced inventory
I don't stop my checkup there, because the type of inventory can matter even more than the overall quantity. There's even one type of inventory bulge we sometimes like to see. You can check for it by examining the quarterly filings to evaluate the different kinds of inventory: raw materials, work-in-progress inventory, and finished goods. (Some companies report the first two types as a single category.)
A company ramping up for increased demand may increase raw materials and work-in-progress inventory at a faster rate when it expects robust future growth. As such, we might consider oversized growth in those categories to offer a clue to a brighter future, and a clue that most other investors will miss. We call it "positive inventory divergence."
On the other hand, if we see a big increase in finished goods, that often means product isn't moving as well as expected, and it's time to hunker down with the filings and conference calls to find out why.
What's going on with the inventory at Research In Motion? I chart the details below for both quarterly and 12-month periods.
Source: S&P Capital IQ. Data is current as of latest fully reported quarter. Dollar amounts in millions. FY = fiscal year. TTM = trailing 12 months.
Source: S&P Capital IQ. Data is current as of latest fully reported quarter. Dollar amounts in millions. FQ = fiscal quarter.
Let's dig into the inventory specifics. On a trailing-12-month basis, each segment of inventory decreased. On a sequential-quarter basis, work-in-progress inventory was the fastest-growing segment, up 57.2%. Research In Motion may display positive inventory divergence, suggesting that management sees increased demand on the horizon.
Foolish bottom line
When you're doing your research, remember that aggregate numbers such as inventory balances often mask situations that are more complex than they appear. Even the detailed numbers don't give us the final word. When in doubt, listen to the conference call, or contact investor relations. What at first looks like a problem may actually signal a stock that will provide great returns. And what might look hunky-dory at first glance could actually be warning you to cut your losses before the rest of the Street wises up.
Internet software and services are being consumed in radically different ways, on increasingly mobile devices. Does Research In Motion fit in anymore? Check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
Add Research In Motion to My Watchlist.
The Death of the PC
The days of paying for costly software upgrades are numbered. The PC will soon be obsolete. And BusinessWeek reports 70% of Americans are already using the technology that will replace it. Merrill Lynch calls it "a $160 billion opportunity." Computing giants including IBM, Yahoo!, and Amazon are racing to be the first to cash in on this PC-killing revolution.
Yet a small group of little-known companies have a huge head start. Get the full details on these companies, and the technology that is about to destroy the PC, in a free video report from The Motley Fool.
Going back up. We're is mr green don't see any posts from him.
Give it time and we will be back into 17 n 18
People are buying the stock like crazy now
Wtf just happened here it was up n now it is down
I was right this company will get good earnings. ALSO yesterday I saw it on LinkedIn Blog employee were bloggin about bonuses and earnings.
Sure looking forward to tomorrow. Let the green leaves start falling ;)
BlackBerry (BBRY) has become one of the more controversial companies among the financial media. While the prognosticators called for BlackBerry's death 9 months ago, substantial progress has taken place since then that has refuted all doomsday predictions thus far. BlackBerry was predicted not to make it to launch (and even if they did make it), they were said to have made it with very little cash in the bank to invest in working capital and marketing. We now know the company made it to launch with over $2.9 billion of cash, zero debt and has substantial ability to invest in both working capital and aggressive marketing. Very little meaningful information can be gleaned on the progress of the company from watching media pundits and hanging around chat boards. However, an incredible amount of valuable information can be gleaned by combing through the company's filings, conference call transcripts and closely examining the history and accuracy of analyst predictions (not to mention visiting stores oneself).
I will avoid all discussion of the most generic bear arguments that are floating around. Namely, that there are not enough apps, that people are too embedded with iOS and/or Android, that gestures are too complicated, that people cannot live without a home button, there are no lineups on launch day, etc. Instead, I will focus on a few areas that are never discussed in the media because they require more analysis than simply wondering how the z10 sold on any given day. I believe BlackBerry is firmly set up to exceed expectations for the bulk of FY2014 (beginning March 3, 2013) for the following reasons: 1) Sell-thru of BlackBerry devices has been much greater than sell-in by BlackBerry over each of the last 4 quarters, severely obfuscating the financial results. 2) BlackBerry was profitable on a cash basis in the previous quarter (Q3 2013) selling very dated products. 3) CORE program has taken meaningful costs out of the business. 4) BlackBerry will be less capital intensive going forward. 5) BES 10 could be a home run. Finally, I look at what a pro-forma Q could look like.
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First Point - Sell-thru of BlackBerry devices has been much greater than sell-in over each of the last 4 quarters.
The chart below depicts the sell-in vs. sell-thru over each of the last 4 quarters:
BlackBerry
BlackBerry
Surplus
Shipments (MM)
Purchases
(Drawdown)
Q4 2012
11.1
13.6
(2.5)
Q1 2013
7.8
10.5
(2.7)
Q2 2013
7.4
10.4
(3.0)
Q3 2013
6.9
8.4
(1.5)
LTM
33.2
42.9
(9.7)
The sell-thru data is disclosed by the CFO in each quarterly call.
The column on the left shows the actual shipments data and is what is reported in their quarterly financial results. The column in the middle shows end-market purchases, which is the more relevant point for understanding true end-market demand. BlackBerry has effectively been draining channel inventory over the last 4 quarters, by almost 10 million units. Given that normal channel inventory was in the 10-12 million unit level, it is fair to say BlackBerry exited Q3 with almost no channel inventory. This is clearly unsustainable and also somewhat normal when transitioning to a new platform (turn inventory into cash to invest in new platform). Beginning very soon (possibly Q1), BlackBerry will being doing the opposite of what this chart shows…namely, selling more units into the channel than are purchased to both satisfy end market demand and to rebuild the channels globally. This won't happen overnight but it will be a tailwind for the bulk of FY2014 and is not captured properly by analysts and not even talked about in the media. I believe BlackBerry could be shipping north of 10mm total units in the May and November quarters. Most analysts are modelling in the 7mm unit range. I believe 10mm is conservative given its not far off current end market demand with a very aged platform, not to mention need to re-fill channels. The z10 has only launched with ~50 carriers thus far. Will get to 150 carriers by April and then the Q10 will start shipping in late April. When considering how to model a product refresh cycle, I always factor in true end-market purchases plus some level of channel inventory re-fills. BlackBerry shipment figures (over last 4 Qs) are almost meaningless. I expect Q4 numbers to be similar to Q3 for units so would expect that BlackBerry shipped approx. 28 million units for the fiscal year but there were closer to 37 million units purchased. The street is only modelling 30-33 million units for the next fiscal year which seems very low considering a new platform with fresh products.
Second Point - BlackBerry was profitable on a cash basis in Q3.
Despite all the noise about cash burn, losses etc., BlackBerry has effectively stabilized already from my perspective. Looking at the Q3 financials released last December, BlackBerry reported revenues of $2.7Bn, gross margin of $830mm and a loss from continuing operations of $212mm. However, it is worth noting that there was approximately $530mm of non-cash amortization that flowed through the P&L that Q, a figure I believe is abnormally high and will come down. More importantly, only $180mm shows up as amortization on the P&L, the other $343mm flows through cost of sales which severely obfuscates the gross margins in my view. (This breakdown is only available in the 10K's, not the 10Q's). On an EBITDA basis, BlackBerry generated close to +$300 million, which isn't bad given end of product cycle, lower margins sales etc…This is part of the reason you continue to see BlackBerry generated cash despite showing accounting losses. Q4 numbers will probably show something similar - a slight accounting operating loss, but positive ebitda of $400mm+.
Third Point - CORE Program
When was the last time you heard CNBC talk about BlackBerry's CORE program? That's what I thought. However, it's probably more important than anything mentioned on the show. BlackBerry announced last Q that they have already cut $1 billion out of the system which consisted of major layoffs and streamlining within the organization and supply chain, and efficiencies in capital spending, etc. This is important because I now think of BlackBerry having cash opex below the gross margin line of approx. $800-$850mm per quarter. This helps me formulate what I need to believe for them to drive profitability. With still $800mm plus of gross margin from the services and software business, it doesn't take much from the hardware biz to move them into nice profitability. Make an average of $60-75/device (average of high and low end products) per quarter and circa 8-9mm units and you get an extra $450-$600mm in gross profits. This will more than help offset a gradual decline in service revenues. The main takeaway here is that the company has right-sized the business to deal with some of the service revenue pressures. The bears like to talk about the declining service revenues but never discuss the $1 billion of take-out on the cost side.
Fourth Point - BlackBerry will be much less capital intensive going forward
One of the more subtle areas where costs ballooned at BlackBerry was in fixed asset and intangible investments. The chart below highlights the trend:
Amortization ($MM)
2010
2011
2012
2013Q1
2013Q2
2013Q3
COGS
489
952
304
337
343
PPE
438
571
176
184
180
Total Amortization
616
927
1523
480
521
523
Total amortization has ballooned from $616 million in 2010 to $1.5Bn in 2012 and is on track to exceed $2.1Bn in FY 2013. I've separated the amortization between COGS (Cost of Sales) and PPE (fixed assets), which is important because you can't see the full amortization amount on the P&L, as it is 'hidden' in COGS. Why is this important? Well, if you look at 2011, only $489 million of amortization was in COGS as an expense. This year, it will be closer to $1.3Bn. That's a swing of over $800mm which is a lot on a share count of 524mm. Even though it's 'non-cash', it's an expense on the P&L and depresses gross margins and earnings. You see this added back on the cash flow statement and is one of the reasons you still see a high cash flow from operations despite low reported earnings. BlackBerry has very unusually high amortization today because of huge intangible purchases in FY2012 and Capex north of $1Bn. I believe both of those numbers will change dramatically. BlackBerry spent $2.2Bn on intangibles in 2012 vs. just $557mm and $421mm in 2011 and 2010, respectively. A large chunk of this was their share in the Nortel patents costing $775mm, but there were others. It's important for two reasons: 1) huge cash outlay 2) intangibles get amortized quickly so this is why you see such a huge increase. I don't see them spending anywhere near this going forward. In fact, the CFO said in a conference call that prepaid licensing agreements are roughly $225mm per quarter or close to $1Bn/year. I expect that to be the norm, not $2.2bn. Capital expenditures will also come down a lot. CFO also claimed quarterly Capex in the $75mm level, or $300-$350mm per year, down significantly from the $1bn/yr. over the last couple years. I think both of these will have a big impact on earnings in a couple Q's. Once intangible and capex spending normalizes to $1.5bn/yr. level from the $3.2Bn outlay in 2012, you will see a similar drop in amortization expense from the $2.1bn level back down to $1.2-$1.4bn level….a big boost to reported eps and a huge cash savings.
Fifth Point - BES 10 could be a home run
The BlackBerry Enterprise Service 10, or "BES 10" is also rarely talked about but could be a source of significant upside simply by allaying fears on the service revenue side. The BES 10 product will be the enterprise platform for the BlackBerry 10 platform of products but will also have the capability of managing third party Android and iOS devices. BlackBerry has announced functionality that will provide a workspace on an iPhone device and access to the BlackBerry infrastructure. Something similar will be available for Android. This is huge because BlackBerry servers are still in 90% of the fortune 500 and gov'ts to manage BlackBerry devices. If they can get upgrades to BES 10 and collect monthly service revenue from iOS and Android devices within enterprises as well, it could be tremendously lucrative. I know a lot of people that would love to have BlackBerry email and security on their iPhones. It's still very early to tell and the fully baked product won't be available until June, but the progress seems good. 1600 organizations had downloaded free software as of Feb 5th, with that number having jumped to 4200 in early March. If the progress continues and they get a decent conversion, there is major upside. None of the analysts are modelling any success here.
What could a Pro-Forma BlackBerry Q look like?
Using fairly conservative assumptions, a pro-forma BlackBerry Q looks reasonably attractive. A blend of higher margin Q and Z10 products with lower margin mid and low tier products with a reduced service gross margin profile. While one can always question assumptions, I don't believe these are aggressive once the full portfolio is rolled out.
Pro-Forma Scenario
Revenues
Units
ASP$
($MM)
BlackBerry 10 (Z&Q)
3.5
525
1,838
BlackBerry 10 (Mid to Low)
6.0
275
1,650
Total
3,488
Gross Margin
BB 10 (Z&Q)
3.5
150
525
BB7 & Below
6.0
40
240
Total
765
Service
614
Other
50
Total GM
1,429
OPEX
R&D
350
SG&A
500
Amort
180
Total
1,030
Op Inc./(loss)
399
Taxes - 25%
100
EAT
299
EPS (Quarterly)
$0.57
EPS (Annual Basis)
$2.28
Summary
There are lots of reasons to be positive on BlackBerry. These only represent some of the points that don't get a lot of discussion. I've defected from the iPhone 4S to the Z10. I'm impressed with the new products and the new management team. The stars seem to be aligning for BlackBerry. Even some of the bearish analysts have turned, but there are many more to come.
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I love my BMW 335 m
Check it out
I guess some of the employees are breaking rules.
I meant to say log into LinkedIn and the look for BBRY company and you will see all the employees of that company talking about high earnings
Guys I he k out LinkedIn log in and follow BBRY good new posted on there earnings are going to be high.
Who's worried
Why don't you share someone the articles
Hope the news is good
Have no clue how to play option
In general I don't think high coming back till Q10 is released
I guess we are not going to see the high 16 and 17 any more :(