I expect explosive growth as BB10 will ship 14 million to 16 million units per quarter and they accomplish two things:
a) 80 million members upgrade
b) Lost BB sales customers come back in force as security features of Google, Samsung, Nokia, Apple were just embarrassing and very costly mistakes to have made. Very costly for IT department.
Earnings per share will be $ 7 to 9 in 2013.
Good Luck,
JMHO
Failure
Q3 - 14.1 million units shipped
Q4 - 11.1 million
Q1 - 7.8 million
Q2 - 7.4 million
Q3 - ER next month should show even lower
basically, you're not gaining 100% pickup in units, no matter OS waterloo releases.
DOA when it's all said and done.
You should be looking at "sell thru" which was 13.0mm, 13.6mm, 10.5mm, and 10.4mm the last 4 quarters which implies something called inventory de-stocking which isn't always idea, but makes sense when the Next Gen Version is in the hopper. A 14-15mm "shipment" (revenue recognition) number in fiscal Q1 is certainly attainable. We could a 15mm unit quarter in a channel-stuffing world.
Where are you from Man? Mars or Jupiter?? Yes, people are gonna dump Iphone and SIII and run for BB10. LAMFAO. Better grab your profit and run !! If you are Canadian, that is fine for national pride. Walstreet dynasors will chew it in minutes for a breakfast. God Save !!
What are the embarrassing security failures you're talking about?
Jim Balsillie.. Is that you? How is retirement?