Tufenk's  Instablog

Send Message
Experienced tech investor, real estate and banking experience.
My blog:
  • BlackBerry BES 10 News Buried Between Press Releases 0 comments
    Sep 26, 2013 3:10 AM | about stocks: BBRY, MSFT, IBM, ORCL

    While going through the BlackBerry (NASDAQ:BBRY) SEC filings yesterday, I saw a 6K that referenced a press release by the company on September 24, 2013 that seems to have been overlooked by many BBRY watchers. However, the 6K seems to have disappeared from the SEC site (lots of filing issues with BBRY recently), but I found the press release on the company's website with the headline "Tech Data To Offer BlackBerry Enterprise Mobility Management Solutions ". The whole seems very fishy to me, but I do think there may be some light being shed on what is going on in Waterloo. Some excerpts from the release:

    "said Heather Murray, director, TDMobility at Tech Data. "We've talked to many IT Administrators and there is a common theme that emerges - they all count on the security, user experience and total cost of ownership that comes with BlackBerry Enterprise Service 10. Now that BlackBerry is embracing multi-platform environments by extending the same security to iOS and Android devices, this product offering is attractive to our channel of solution providers." ......

    "To date, more than 25,000 BlackBerry Enterprise Service 10 commercial and test servers have been installed globally. According to an enterprise mobility market study by J. Gold Associates, the BlackBerry enterprise solution remains the most strategic mobile device management solution for enterprises today."

    So, despite all the bad news coming out, BES 10 adoption by enterprise CIOs seems to be getting some traction going form 18,000 installs in July 2013 to 25,000 install in September. Why are they burying this information? My feeling is all C level mangers should be shown the door immediately, except the ones in charge of BES. What a tragedy in Waterloo. Maybe Thorsten does have a Napoleon complex after all. It's all over TH, leave Waterloo and let the engineers run the place, they won't need the jets, take those gas guzzling beasts with you.

    Will anyone like an MSFT, IBM or even Oracle come in and buy the BES division? Having witnessed a messy situation where there is a lot of management infighting, lots of things happen that don't make sense. There truly seems to be some sabotaging going on at BBRY and Prem Watsa seems to be in the middle of it.

    Stocks: BBRY, MSFT, IBM, ORCL
Back To Tufenk's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.