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Gene Chan

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  • Apple (AAPL +2.6%) commanded 57% of smartphone profits in Q1, and Samsung (SSNLF.PK) 43%, estimates Canaccord's Mike Walkley. All other OEMs collectively broke even, after having lost money last year. Apple's profit share is down from 2012's 69%, and Samsung's up from 2012's 34% - chalk those changes up to Samsung's share gains and Apple's gross margin decline. Walkley also writes Samsung's Galaxy S4 is off to a strong start (in spite of some reports of overheating), that checks indicate U.S. BlackBerry Z10 (BBRY +0.7%) sales are soft, and that U.K. Q10 supplies have been limited. [View news story]
    This is the same guy who cut Z10 sales to 300k last quarter, only to increase it to 800k a couple weeks later, but still missed the target when BBRY reported.

    I think he has a nice dart board where he works.
    May 6 02:06 PM | 13 Likes Like |Link to Comment
  • Growth For Windows Phone In The U.S. Accelerates [View article]
    Just FYI, BB10 phones came out at the end of March in the US, so you don't even have 1 full month of data yet. Your statement about it being "on the market for more than 2 months" is absolutely false as far as US is concerned.

    For BB to have stabilized after just a few days in market in March is quite impressive.

    In fact, I've been monitoring Amazon's best-seller list and Z10 has outsold every Nokia phone since launch, for both contract and unlocked.
    May 3 12:14 PM | 2 Likes Like |Link to Comment
  • Most U.S. consumers remain either unfamiliar with or unenthusiastic about Nokia (NOK) and BlackBerry's (BBRY) latest hardware, according to an MKM survey of 1,500 people. While 51% of respondents owned a smartphone, only 6% plan to buy a BlackBerry in the next 12 months, and just 1% a Nokia phone. Moreover, in spite of the Z10 and Lumia 920/820 launches, 63% of respondents had no idea when BB10 would launch in the U.S., and 61% were unaware WP8 (MSFT) phones are available. BlackBerry is counting on a fresh marketing push to raise its U.S. profile. [View news story]
    6% market share in the US will be a huge win for BBRY - that's more than double what they have now. Given that the BB10 gross margins are higher than before, and that they are seeing even better traction in the rest of the world outside of US, are we looking at 100%+ revenue growth for BBRY this year?

    Make no mistake about it: this is hugely positive news.
    Apr 9 11:08 PM | 7 Likes Like |Link to Comment
  • Amazon's Revenue Deceleration Probably Continued [View article]
    May be you'll need to put a graph with historic and projected growth rates in every article, so the trend is more apparent. I bet the decline is even more significant if you compared Q1 2013 to Q1 2012.
    Apr 9 10:51 AM | Likes Like |Link to Comment
  • Amazon's Revenue Deceleration Probably Continued [View article]
    Then the question is: what incentive does Channel Advisor have to paint such a picture to the benefit of Amazon? I think your point can be made (that Amazon's growth is decelerating) without alluding to CA's intent (that they clearly fished for a positive interpretation), but just wanted to see if you have an explanation for that as well.
    Apr 8 03:54 PM | 1 Like Like |Link to Comment
  • BlackBerry 10 Feature May Run Into Big Snag [View article]
    Again, EA, that feature is OFF BY DEFAULT. Do some research.
    Apr 5 12:53 PM | 13 Likes Like |Link to Comment
  • BlackBerry 10 Feature May Run Into Big Snag [View article]
    Efficient Alpha, as other readers have pointed out, that feature is "OFF" by default and you have to purposely go and turn it on.

    Which begs the question - have you used the Z10 before? If you haven't used it for at least a couple weeks, what prompted you to think that you have enough knowledge on the topic to publish an article?
    Apr 5 12:51 PM | 30 Likes Like |Link to Comment
  • BlackBerry: Beginning Of Recovery Or End Of Hope? [View article]
    Because the HW story will be so good that it will overwhelm the Service side. Not that I expect service to fall off a cliff - I wrote another article previously about services that can monetize the BB platform: http://bit.ly/XoehIz

    But during RIM's heydays, their HW sales dwarfed service revenue. They'll trend back towards that revenue mix in the near to medium term as they get their groove back .
    Apr 2 01:52 PM | 1 Like Like |Link to Comment
  • BlackBerry: Beginning Of Recovery Or End Of Hope? [View article]
    BlackBerry will not be a service story... Those who believe it have it all wrong. Some potential scenarios:

    http://seekingalpha.co...
    Apr 2 01:11 PM | 4 Likes Like |Link to Comment
  • Did BlackBerry Sell 9 Million Too Few Z10 Smart Phones? [View article]
    Wrong yongzhou. They shipped 6M phones and sold through 7.9M phones in Q4. 1M of that is Z10.
    Mar 30 11:56 AM | 3 Likes Like |Link to Comment
  • Did BlackBerry Sell 9 Million Too Few Z10 Smart Phones? [View article]
    djag is referring to Thorsten's comment. But Thorsten's comment was made in the context of sales to date, which included ramp up of channel inventory for US sales. For Q4 that ended in Feb, they mentioned in the Q&A that they sold almost every unit they made.
    Mar 30 02:37 AM | 2 Likes Like |Link to Comment
  • Did BlackBerry Sell 9 Million Too Few Z10 Smart Phones? [View article]
    Z10 sold 1M units in 4 weeks in a only handful of markets excluding some big ones like Indonesia and US. By the way, I hear there are 52 weeks in a year, and the world is a big place.

    Hmm... Who's dumber and who's dumbest - a Kodak CMO who can't do simple math, or the Bloomberg reporter who asked a former Kodak exec for an opinion, or the Seeking Alpha writer who quoted them both?
    Mar 29 10:01 PM | 37 Likes Like |Link to Comment
  • Blackberry CEO Discusses Q4 2013 Results - Earnings Call Transcript [View article]
    Nice try yong. They are not losing money, they are making money.
    Mar 28 12:49 PM | 9 Likes Like |Link to Comment
  • Blackberry CEO Discusses Q4 2013 Results - Earnings Call Transcript [View article]
    Page 3 is broken?
    Mar 28 11:47 AM | Likes Like |Link to Comment
  • Wal-Mart: Blue State Tactics, Red State Values [View article]
    RE: Amazon - you may have to take a look at how their employee count rose faster than both units sold and revenue. Where are the robots and economies of scale?
    Mar 27 11:44 AM | Likes Like |Link to Comment
COMMENTS STATS
191 Comments
564 Likes