I would start making android devices alongside blackberry devices.
they have forward purchase commitments to suppliers they need to fulfill.
if you can't beat them, join them. give what the consumers want and become a player again.
for me, why I don't buy blackberry devices? because no one else is, it's harder to find support, compatible apps I like to use.
plus their phone's spec is inferior. everyone going 1080p screen and beyond, yet they decide to use 720p and call it a day.
Think what you want. Talk to your friends who's iPhone is now slow as a dog after upgrading to OS 7 or Android users that are left in the cold with no upgrades. I am not saying Blackberry will be the empire they were, I am saying they are not dead they have customers and they will be gaining more. Lots of business guys miss their blackberry, once one of their friends show them how it works and how they can use it around the world now with no special BIS service more will adopt. Wait and see.
So you are now a Rimtard too ? You do know this is going to zero, right ? Do not do this to yourself B. Seriously. Just as a friend I tell you this. Good luck.
FB? Profits of $0.39 a share last report. What's that got to do with the shrinking, failing, money-losing BBRY?
Ah, that's the rub. BlackBerry gets el-zippo from BBM. The best they can hope for is some visibility. Sadly, that's not happening.
That's funny. "Going down before earnings can be bullish." Bwahahahahaha!! That's just silly. Kinda like that other poster saying "new lows are bullish." BlackBerry is going down for a reason, and it ain't bullish.
Do you just blurt out whatever bagholder fantasy is ricocheting around in your head? This doesn't even make sense! Icahn is asking Apple to buy back $50 Billion worth of stock from their cash reserves. Icahn is not buying Apple. And he's DEFINITELY not going to touch BlackBerry with a stick.
Icahn said he will purchase BBRY for 5 bil instead of 50 bil for Apple. I think it make sense because Apple is at the peak now and can`t go further. BBRY is at the bottom and can only go up from here.
Sentiment: Strong Buy
Doubt there will be a positive surprise, but after past write-downs and selling a little of that inventory, and tax refund, well, I suppose it's possible that cash could not go down, or even improve. Market would like that also.
So, our rich are too poor and our poor are too rich, eh? So you blame the poor for there not being enough money in your pockets. You might consider following the money, to see how we got here.
Again, facts & numbers, from the Center on Budget and Policy Priorities report, not some random internet whack job:
"Between 1979 and 2007, average after-tax incomes for the top 1 percent rose by 281 percent after adjusting for inflation — an increase in income of $973,100 per household — compared to increases of 25 percent ($11,200 per household) for the middle fifth of households and 16 percent ($2,400 per household) for the bottom fifth."
I think it will be up a little before earnings, and if no really good news, they may take it back down. But if market likes the way new CEO sounds about things it could be up a bit after CC also.