We can debate this all day long. But the next quarter will be what matters. And this recent quarter posted a 36% drop in revenue. Until then, everything else is just hope.
That's not the point. The point is, as long as humans exist, mistakes will be made. Then why not profit off of the mistakes. It's not a "sadistic" quality - it's simple economics.
"If a phone company has Verizon behind it, it means alot to their future earnings."
You do realize that Verizon is a separate company from BlackBerry, right? Verizon only has an obligation to sell what will help their own revenue. They also sell Apple and Samsung and several others. It's like saying Kelloggs should be excited that Wal-Mart carries their product. Walk into a Wal-Mart and see if it matters all that much.
" I see you didn t comment on the new Verizon Z10 commercial."
I have never seen any company to highlight the performance of a commercial during earnings. Unless it materially impacts the bottom line, I'm rarely impressed. But I respect that you feel differently.
"BlackBerry just entered the U.S. and they are selling all they can make."
"Selling all they can make" does not mean that demand is high. Again, revenue declined 36% year over year and there were 3 million subscriber cancellations in the last quarter. Proclaiming how great something is and what the company actually produces, are two different things.
I'm not disputing these features. You might be correct, but sales performances speak louder. It doesn't matter how great the phone is if it is not marketed well and it remains on the shelves. Also, if it was so great, you wouldn't need to defend it so much - people would already know. But let's see what BB does in the next quarter.
" I think BlackBerry will be the Apple of the future."
I hear this a lot. But who's on BlackBerry's team that compares to Steve Jobs? Plus, before BlackBerry becomes the "Apple of the future" the company still has to be better than the BlackBerry of the past. It's making progress, yes. But Let's not get carried away.
As someone above also said, the company needs to show better traction in the U.S. market. Until then, I would curb any enthusiasm. Because, despite its strong growth internationally, the company just posted a 36% decline in revenue year over year. This is despite exceeding device sales.
If that does not tell you how important the U.S. market is, I don't know what will. Now, explain what features the phone has that will win market share over Windows, much less Android and iOS.
It's ok to want the company/stock to do well. It's not ok to dismiss facts.
My point is that there's a bull vs. bear idea that one side is better than the other in terms of their practices - that's a myth. Apple serves a a perfect example. The stock tanked at $700 while the buy-side had raised targets to $800, $900 and even $1100.
You say...
"sell-side analysts aren't actually out to help you figure out what a stock is worth?"
I don't think the buy-side has a better grasp, either. Did they really know what Apple was worth or were they (as you said) more interested in generating commissions? All of that is to say, let's not point fingers at either side.
"Do you understand that sell-side analysts aren't actually out to help you figure out what a stock is worth?"
That's a popular theory. But in all fairness, the same can be said about the buy-side. That said, I agree with you - Intel will not see $16. The books are too strong.
Some Thoughts About BlackBerry [View article]
We can debate this all day long. But the next quarter will be what matters. And this recent quarter posted a 36% drop in revenue. Until then, everything else is just hope.
Some Thoughts About BlackBerry [View article]
That's not the point. The point is, as long as humans exist, mistakes will be made. Then why not profit off of the mistakes. It's not a "sadistic" quality - it's simple economics.
Some Thoughts About BlackBerry [View article]
"What kind of sadist bets on declines."
It prevents Enron's from existing!
Some Thoughts About BlackBerry [View article]
"If a phone company has Verizon behind it, it means alot to their future earnings."
You do realize that Verizon is a separate company from BlackBerry, right? Verizon only has an obligation to sell what will help their own revenue. They also sell Apple and Samsung and several others. It's like saying Kelloggs should be excited that Wal-Mart carries their product. Walk into a Wal-Mart and see if it matters all that much.
Some Thoughts About BlackBerry [View article]
" I see you didn t comment on the new Verizon Z10 commercial."
I have never seen any company to highlight the performance of a commercial during earnings. Unless it materially impacts the bottom line, I'm rarely impressed. But I respect that you feel differently.
Some Thoughts About BlackBerry [View article]
"BlackBerry just entered the U.S. and they are selling all they can make."
"Selling all they can make" does not mean that demand is high. Again, revenue declined 36% year over year and there were 3 million subscriber cancellations in the last quarter. Proclaiming how great something is and what the company actually produces, are two different things.
Let's see what the next quarter brings.
Some Thoughts About BlackBerry [View article]
I'm not disputing these features. You might be correct, but sales performances speak louder. It doesn't matter how great the phone is if it is not marketed well and it remains on the shelves. Also, if it was so great, you wouldn't need to defend it so much - people would already know. But let's see what BB does in the next quarter.
Some Thoughts About BlackBerry [View article]
" I think BlackBerry will be the Apple of the future."
I hear this a lot. But who's on BlackBerry's team that compares to Steve Jobs? Plus, before BlackBerry becomes the "Apple of the future" the company still has to be better than the BlackBerry of the past. It's making progress, yes. But Let's not get carried away.
As someone above also said, the company needs to show better traction in the U.S. market. Until then, I would curb any enthusiasm. Because, despite its strong growth internationally, the company just posted a 36% decline in revenue year over year. This is despite exceeding device sales.
If that does not tell you how important the U.S. market is, I don't know what will. Now, explain what features the phone has that will win market share over Windows, much less Android and iOS.
It's ok to want the company/stock to do well. It's not ok to dismiss facts.
Some Thoughts About BlackBerry [View article]
"They won't go away that easily."
The reason that shorts won't go away is because market don't go up infinitely. What are you suggesting by comparing shorts to the NRA?
Intel Takes Back The Crown [View article]
Ok, understood - that makes more sense. We're in agreement, then :-)
Intel Takes Back The Crown [View article]
My point is that there's a bull vs. bear idea that one side is better than the other in terms of their practices - that's a myth. Apple serves a a perfect example. The stock tanked at $700 while the buy-side had raised targets to $800, $900 and even $1100.
You say...
"sell-side analysts aren't actually out to help you figure out what a stock is worth?"
I don't think the buy-side has a better grasp, either. Did they really know what Apple was worth or were they (as you said) more interested in generating commissions? All of that is to say, let's not point fingers at either side.
Intel Takes Back The Crown [View article]
"Do you understand that sell-side analysts aren't actually out to help you figure out what a stock is worth?"
That's a popular theory. But in all fairness, the same can be said about the buy-side. That said, I agree with you - Intel will not see $16. The books are too strong.
Intel Takes Back The Crown [View article]
"Does Goldman know something that you and I don't know?"
Was that a trick question? Seriously :-)
Microsoft Proved 'Less Bad' Is Good Enough [View article]
Thanks for the suggestion. But I'll keep writing about Microsoft, thank you. The good thing about America is, you don't have to read it :-)
Microsoft Proved 'Less Bad' Is Good Enough [View article]
You've nailed it!