...Chen has a few surprises for shareholders to be announced during shareholders meeting.
Play the field BlackBerry and we will be at the top of the world!
Reuters is reporting this evening that BlackBerry could be making an Android-powered smartphone for release later this year. Sources told Reuters that while a launch of this type wouldn’t spell the end for BlackBerry 10, it is part of the company’s focus towards a more software-oriented path. According to the report, CEO John Chen is looking at BES12 as a main source of revenue, and not device sales going forward.
Reuters points out the upcoming BlackBerry Slider as the rumored Android-powered device that’s in the works. As we all know, this device was teased at Mobile World Congress, and shown off but it obviously looked to be running BB10 instead of Android. Is it possible BlackBerry decided to add an Android variant to the mix as well?
BlackBerry provided Reuters the following statement: “We don’t comment on rumors and speculation, but we remain committed to the BlackBerry 10 operating system, which provides security and productivity benefits that are unmatched.”
Google on its part declined to comment on the report.
Candy Crush Saga (see right)1x1_PD_Amazon_Appstore_ENG
Temple Run 2
All Social Network
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Opera Mini Web Browser
Camera 360 Ultimate
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Farm Heroes Saga
BlackBerry Ltd (NASDAQ:BBRY)’s QNX Software Systems reported today that Intel Corporation (NASDAQ:INTC) has announced that it is collaborating with QNX Software Systems to advance in-vehicle technologies that deliver new driving experiences.
The joint effort apparently will be working on new innovations in vehicle dashboard functionality as well as infotainment systems and advanced driver assistance systems (ADAS).
Automakers spend hefty budgets on vehicle infotainment systems and car technology. Intel Corporation (NASDAQ:INTC) and QNX Software Systems aim to collaborate with automakers to help them optimize the technology thus protecting their investments.
Intel and QNX Software Systems have complementary technologies that work together to enhance consumer experiences and help make the promise of connected cars a reality.” – Elliot Garbus, vice president and general manager, Intel Transportation Solutions Division.
QNX Software Systems said that the collaboration with Intel will help expedite the delivery of the advanced driver assistance systems (ADAS) and infotainment services and features.
QNX and Intel are recognized world leaders in their respective domains and the collaboration provides an exciting opportunity to create compelling and innovative products for the automotive industry.” – John Wall, chief operating officer, QNX Software Systems.
...in no time.
...long will win this one...short will feel a lot of pain in the next 3Qs.
...Chen has a few more surprises for us.
Share buyback, good earnings, positive cash flow, lots of new BES12 clients...and maybe, just maybe a buyout at $30/share.
BlackBerry targeted for acquisition, say sources
Daniel Shen, Taipei; Steve Shen, DIGITIMES [Friday 22 May 2015]
BlackBerry is once again being pinpointed as a target for acquisition after it managed to swing back to profitability in the fourth quarter of fiscal 2014 (December 2014-February 2015) following its recent corporate restructure, according to industry sources.
Microsoft and a number of China-based handset vendors, including Xiaomi Technology, Lenovo and Huawei, are being indicated as potential investors, the sources noted.
Microsoft reportedly has commissioned investment companies to evaluate the possibility of taking over BlackBerry, aiming to enhance its competitiveness in the business mobile solution segment as well as its patent portfolio in the Internet of Vehicles (IoV), mobile platform and communications sectors, the sources indicated.
Microsoft has an advantage to take over BlackBerry since the Canada-based company has shifted its business focus to software products instead of hardware devices, which complements Microsoft's product lines, said the sources.
China-based handset vendors intending to acquire BlackBerry are aiming at improving their presence in the business sector in the US and Europe, while also expanding their platform products and patent portfolios, added the sources.
But it may be difficult for China-based vendors to pass the scrutiny of regulatory agencies in the US and Europe on concerns of national security, commented the sources.
Chen will kill the shorts who have not cover by then.