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More BlackBerry (BBRY -1%) execs could be on their own way out: a source tells Bloomberg the...

More BlackBerry (BBRY -1%) execs could be on their own way out: a source tells Bloomberg the company is preparing for a pickup in executive departures as retention bonuses established a year ago expire, and Thorsten Heins sets tougher sales, subscriber growth, and product targets. Moreover, BlackBerry reportedly wants to lower headcount via attrition, given Heins considers the company's ranks too bloated in certain areas. That backs up a recent WSJ report about plans to trim middle management. U.S. sales chief Richard Piasentin was recently fired, and two other execs reportedly left on their own accord.
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Comments (86)
  • KIA Investment Research
    , contributor
    Comments (11381) | Send Message
     
    Ouch.
    12 Jul 2013, 04:12 PM Reply Like
  • mikebator
    , contributor
    Comments (1838) | Send Message
     
    When you don't execute they show you the door, RIM is dead, Long live BlackBerry
    12 Jul 2013, 04:24 PM Reply Like
  • Dantes_Will
    , contributor
    Comments (389) | Send Message
     
    Screw those useless execs. They need to be fired for their piss poor showing of a BB10 launch campaign.

     

    The problem is that engineering talent are fleeing by the dozens. We already picked up 2 BBRY defectors through linkedin in the past 2 weeks alone and one of their buddies is interviewing now.
    12 Jul 2013, 06:18 PM Reply Like
  • seniorenergyman
    , contributor
    Comments (12) | Send Message
     
    OK They didn't roll out new products correctly. They are primarily engineers that think because they have a better widget they will corner the market. Ask Sony what happened to Betamax! They need to clean house in their marketing department. They need to hire the best snake-oil marketeer they can find and then give him the authority to make it happen and the rewards/punishment for results. Management has to get out of the way, bury their Canadian idealism and let the sales/ marketing men run the company. Approve their budget request for the program they design and step back. This is their only hope to stay in the smart phone market.
    13 Jul 2013, 10:15 AM Reply Like
  • Scal80
    , contributor
    Comments (40) | Send Message
     
    They've hired a new PR firm called Next15 and got rid of Piasentin, so they are making changes, hopefully for the better.
    13 Jul 2013, 04:58 PM Reply Like
  • cereal
    , contributor
    Comments (1199) | Send Message
     
    If the engineers at BB got the message and are moving on then products will be delayed further.
    14 Jul 2013, 04:45 AM Reply Like
  • Cliff Hilton
    , contributor
    Comments (2190) | Send Message
     
    @Cereal

     

    "then product will be delayed further ".

     

    Do you have a source for your assertion?
    14 Jul 2013, 10:30 AM Reply Like
  • Mathodman
    , contributor
    Comments (62) | Send Message
     
    So, a business is downsizing through attrition.

     

    They want to improve sales so high paid people that failed in that area are getting let go.

     

    And people left their job.

     

    So, news? The only news is that Thorsten is working towards fixing things.
    12 Jul 2013, 04:29 PM Reply Like
  • usbusinessman
    , contributor
    Comments (29) | Send Message
     
    Thorsten should be the first to be replaced. He is the main problem.
    People who know business management know the problem of Blackberry. Change at the helm. Along with HEINS most of the Board should be replaced.
    BLACKBERRY FRIENDS unite and call for change at the top.
    Heins tolerated or hired the Sales VP that he fired. Where was he all along? how often did he meet with his executive VP sales? Didn't he see the interim results. Who is he kidding?
    12 Jul 2013, 07:14 PM Reply Like
  • Shred13
    , contributor
    Comments (46) | Send Message
     
    One thing which investors in BBRY should remember is that subscriber decline is not necessarily a bad thing since it could mean that more BB7 owners are switching to BB10. That is one thing this article should change, and cheers to TH to finally taking a stand and firing worthless people
    12 Jul 2013, 08:20 PM Reply Like
  • tiger8896
    , contributor
    Comments (655) | Send Message
     
    This is supposed to be a renaissance for BBRY with the introduction of new phones, a new OS, a different management team etc. If BBRY was in good shape they would be growing and hiring rather than shrinking and laying off people. This company is going nowhere.
    12 Jul 2013, 04:39 PM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    It's way too soon for BBRY to grow in that way, as there is still a lot of chaff to be got rid of. Identifying the dead wood can take a long time, for, after all, they are not going to identify their status...
    13 Jul 2013, 04:37 AM Reply Like
  • cereal
    , contributor
    Comments (1199) | Send Message
     
    They cut 1/3 of their workforce last time, they're cutting muscle now. And their best are leaving of their own accord, morale is at an all time low and sinking.
    14 Jul 2013, 04:49 AM Reply Like
  • Movingonup
    , contributor
    Comments (143) | Send Message
     
    2 employees have left recently, and one fired, that was covered by the media, out of 11,000 employees. So, to say 'their best are leaving', is pretty much an "All or nothing" statement
    15 Jul 2013, 02:28 AM Reply Like
  • Tufenk
    , contributor
    Comments (963) | Send Message
     
    $BBRY good news ! BlackBerry Said to Prepare for Departures as Goals Set http://bloom.bg/14Og9KY

     

    Now TH can go to Cupertino's BJ's Restaurant and Brewhouse http://read.bi/14Og9KZ and snag a couple of $AAPL hotshots. Keep moving TH keep moving.
    12 Jul 2013, 04:49 PM Reply Like
  • slcUTAH
    , contributor
    Comments (542) | Send Message
     
    BB is streamlining their operations and letting go personnel that underperformed at least in the last half year. In my opinion this is healthy for the company. There will be pain for investors in the short to medium term because these actions will be perceived by some (especially the press) that the company is in disarray but this is necessary to address internal issues.

     

    -Cheers.
    12 Jul 2013, 04:59 PM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    That's it sic, BBRY, like most companies (whatever happened to "flat" management structures?) is still top heavy. People forget that, though they are portrayed as superstars by the Establishment controlled media, executives don't actually produce anything...
    13 Jul 2013, 04:41 AM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11381) | Send Message
     
    "Now TH can go to Cupertino's BJ's Restaurant and Brewhouse and snag a couple of $AAPL hotshots. Keep moving TH keep moving."

     

    Yeah, that could happen.
    12 Jul 2013, 05:01 PM Reply Like
  • Tobias Schmitz
    , contributor
    Comments (536) | Send Message
     
    Now it's bad news that executives at BBRY have to meet targets?
    That's what execs have to do at every and any company, that's why they are getting paid more.
    And one thing is blatantly wrong in this article: hardly would it be in Heins interest to set targets for "subscriber growth" since only BB7 has subscribers, BB10 doesn't.
    So, according to Bloomberg, the growth of BB7 is top priority for execs at BBRY?
    Makes me think that this whole news article is complete and utter nonsense.
    12 Jul 2013, 05:07 PM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    Not nonsense, perhaps, but certainly meant to mislead!
    13 Jul 2013, 04:43 AM Reply Like
  • Cliff Hilton
    , contributor
    Comments (2190) | Send Message
     
    As a stock holder, I would hope this company would continue to make nessicarry changes to improve profitability. I would agree TS Nelson, bloated companies always exhibit carelessness. Meet the goal or meet your replacement.
    12 Jul 2013, 06:21 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (11513) | Send Message
     
    Someone needs to show the CEO where the door is. Or the executive elevator to the underground car park. Or the fire escape.

     

    Maybe the canteen personnel can muster and gently carry him out?
    12 Jul 2013, 06:53 PM Reply Like
  • Ben Learner
    , contributor
    Comments (211) | Send Message
     
    Andreas / system

     

    I am reading your posts and articles. Even if I find them often tainted by a shade of pessimism, they are generally factually correct. I would like to ask you: are you long, short or both on BBRY? It seems to me that your assessment of Mr. Heins has a point, but at least the guy has managed a tight budget well and he has not wandered astray on his plan.

     

    If you are short BBRY, surely your would want him to stay. I suspect you are a frustrated long BBRY investor who at least for some time has used the short tools. But now, where do you stand now on BBRY? If you find this question too personal, please do not take offence as none is intended.
    13 Jul 2013, 06:06 AM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Ben,
    I have suspected for some time now, along with others, that the few permabears who regularly spew their venom on any and all positive statements about BBRY on SA are disgruntled FORMER employees of RIMM. If you read the answer that I received from kunaroony when I asked him why he felt this way about BBRY, his reply said it all to any intelligent person who can read between the lines. With this news about more terminations at BBRY we can suppose that we will have a few more bashers as time goes by. At the risk of repeating myself, I believe that whatever is said, positive or negative, on this site in no way affects the price of the shares. Take the naysayers for what they are worth, they will never have any power to sink a great company, they are as effective as a few ants are at a great picnic on a beautiful day......;-)....Peace!!!
    13 Jul 2013, 09:25 AM Reply Like
  • Andreas Hopf
    , contributor
    Comments (11513) | Send Message
     
    I sold BBRY a while ago. I was in BBRY to ride the volatility for profit. This worked well, not because I am clever, but - just look at BBRY's chart from November until May. I do not buy or sell BBRY options.

     

    As you have read, I never liked Thorsten Heins. Not in his Siemens Mobile days. Not in his Blackberry days. He must go.

     

    I look at BBRY still, because, once sufficiently shattered, I think it makes for a good takeover target or management buyout. The current price, for me, is still too high to buy in.
    13 Jul 2013, 09:38 AM Reply Like
  • Ben Learner
    , contributor
    Comments (211) | Send Message
     
    It seems you are a long investor -at a price you consider fair- counting on a takeover/buyout and you feel BlackBerry would do better with a different CEO.

     

    Do not lose sight of the facts that cash management has been exemplary in the past twelve months and the transformation of the company has met the targets. If you become a sceptical long BBRY investor for your own reasons and then the prospects improve, I would imagine that any intelligent individual would have the open mindedness to not drop the stock while it is running even if the original reasons to buy into it did not materialise.
    14 Jul 2013, 06:07 AM Reply Like
  • Ben Learner
    , contributor
    Comments (211) | Send Message
     
    @Logicalman

     

    I have also been negatively impressed by the vitriol thrown at BlackBerry from some posters and in general from the financial media on both sides of the Atlantic. With NSA lines of code into Android -no doubt for the right reasons- and BlackBerry's hermeticity, I wonder if it is not just former employees that are disgruntled.
    14 Jul 2013, 06:16 AM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Ben,
    Agree with your view that BBRY has been getting unfavorable press from many quarters. Each of these have reasons to do so, are they right or wrong in their assessments? Time will tell. My point was about the SA commenters on BBRY. Although I do not believe that these very few hostile posters affect the SP of ANY stock, they do affect many of those who have a lot of HOPE for the stock in the short term. Unfortunately these will sell their shares at a time when they should be thinking about buying. In other words they are selling low, and more likely are buying high. You have to separate truth from fiction in this game. If you think about it, the only REAL reason for people to be searching for info on any stock, is to discuss among believers whether the pros are greater than the cons concerning that particular stock. As you well know I am a strong believer in the BBRY comeback story, but if I see or read something that I think could be negative, I want to discuss it with fellow believers and try to evaluate the validity of this info. What is the reason for someone to bash the stock, if you or I had NO reason to buy a particular stock, would we go to a site where others are searching for, and discussing the value of this stock and spend our time vehemently bashing it? No sane person would do this. If we think that they are sane then why are they acting this way? A sane person would have a believable reason to behave in such a fashion. We can only speculate, but until these naysayers give me a reason to believe otherwise, I will not give them much,if any credence, in this and any other opinions they have. Peace!!!
    14 Jul 2013, 10:23 AM Reply Like
  • Movingonup
    , contributor
    Comments (143) | Send Message
     
    As some of you may or may not recall, I had written a post a few weeks ago of my terrible experience, as well as family members terrible experience, in a major carrier location in central British Columbia, where the young carrier rep was a Blackberry basher, was guiding us over to iphone & Samsung devices, even after we were specifically requesting to see the new Blackberry 10 unit.

     

    The Z10 unit demos were not displayed along with all the other handsets, but rather there was a crumpled sheet of printed off paper with the specs in the midst of all the neighboring displayed competitor smartphones. After insisting to see the Z10, and wanting to try the demo, it was finally brought out from behind the counter and handed to me to try with an almost flat-lined battery. The phone could not become operational because the battery was too low, yet the rep insisted it was a problem with the phone. When I showed her the battery bar was in the red, and pointed out to her that it was not powering up because they handed me an uncharged phone, she became even more defensive.

     

    This was the same location that on a separate occasion told me that the Z10 (prior to Q10 launch) was selling pretty good 'mostly to professional looking people', and when asked if there were any returns , this location told me there had been zero returns on the Z10 units at their store.

     

    Anyways, I had promised I would scout out a second location in person, same major carrier, but independent store. I have now done this a few days ago, and here is my report as promised!

     

    Well talk about night and day. Again, very young rep. I was pleased to hear that he felt the new BB10 platform was absolutely amazing. Also, was impressed that he was very knowledgeable about the Blackberry's. The second rep, female and also very young (early 20's) proudly held up her new white Z10, gleaming with a big smile and very excited about it. They knew I was there to inquire about Blackberry and focused on the Blackberry alone. They did not try to steer me to other competitor products, such as the other location had done.

     

    I knew then I was dumping the other location, and switching all my future business to this location instead, and quickly alerted my family member of the fair staff at this location, we have yet to spread the news to rest of our family.

     

    Then of course, I had to ask how the new BB10's were selling. His response to me was, "They Z10's are selling like crazy.`` I was pleasantly pleased to hear this great news. I said, ``really...I thought all the pent-up demand was more for the Q10``. He answered that at their particular location that the Z10 was selling like crazy. It seems it varies from location to location. He did mention that a lot of the sales, but not all, were coming from Blackberry customers from older phones upgrading.
    I thought that this was interesting, and right away connected those as being part of the old subscriber base that Blackberry will no longer be reporting numbers on. So although these upgraders were upgrading to the BB10 platform where they will no longer show count on the subscriber base, they are still buying Blackberry.

     

    I thought this visit was very interesting, and also thought that the Z10s selling like crazy was even more so interesting!

     

    I am LONG Blackberry - I understand that this is a high risk reward stock. I see the future of the QNX, the security and all that this company has going for it. I understand the challenges the company faces. I feel that if the negative perception and media in the (you know where) can be turned around, this stock will be on its way.

     

    I can stand the heat in this kitchen, so I am not getting out.
    12 Jul 2013, 06:57 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4842) | Send Message
     
    Moving

     

    Your comment was ridiculous. Anecdotes are not an investing strategy. We can't even tell if they are true or representative of anything.

     

    And your first anecdote reveals a BB basher at a major carrier in BC. Why does that support your case? She hates it so that shows marketplace bias against the BB. That is a bad place for a business.
    13 Jul 2013, 12:45 AM Reply Like
  • Frank Siedler
    , contributor
    Comments (952) | Send Message
     
    But things can change. Look at Apples as only one example. Who thought, that they will have success after their fall? As Movingonup said, they don't have only phones and an OS, they have much more.
    A lot http://bit.ly/ySdz0U are using QNX which is a great platform. And they are restructuring their business. I think, they will have success with it. So i'm long BBRY!
    13 Jul 2013, 04:03 AM Reply Like
  • Movingonup
    , contributor
    Comments (143) | Send Message
     
    What does it matter Tomas. We are all just here babbling on, and everyone expresses their opinion such as what you have just done. Investment strategy? Ha that is funny. This is a high risk reward stock Tomas, there really isn't much for strategy here. Just like walking into a casino putting it all on the roulette wheel; if you've got money to burn why the hell not.

     

    Besides, I'm not licensed to advise you or anyone on investment strategy. If your are here looking for such I believe you should seek an investment advisor. I am merely sharing my experience.

     

    You are right, one cannot tell what is true or a lie here...again all just a roll of the dice. I don't have a case Tomas. I shared an experience; and created something for you to read, and others.

     

    I'm not representing anything. I shared my experience.

     

    "She hates it so that shows marketplace bias against the BB".

     

    That is an amusing statement. It is called 'All or nothing thinking'.

     

    I am questioning your comprehension of my comment. The second location had two positive reps, that loved the platform, were excited about it, and the Z10's were 'selling like crazy'.

     

    So, one basher and two BB pro = 'market place bias, bad for business'.

     

    That IS ridiculous Tomas.

     

    Are you here because you are an investor in the stock?

     

    Children....
    13 Jul 2013, 04:11 AM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Moving,
    Excellent reply!!!
    13 Jul 2013, 09:29 AM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11381) | Send Message
     
    "Who thought, that they will have success after their fall? As Movingonup said, they don't have only phones and an OS, they have much more."

     

    Um, hello?
    13 Jul 2013, 10:18 PM Reply Like
  • Frank Siedler
    , contributor
    Comments (952) | Send Message
     
    BlackBerry, too!
    15 Jul 2013, 08:09 AM Reply Like
  • seymour2
    , contributor
    Comments (141) | Send Message
     
    When the going gets tough......
    12 Jul 2013, 07:58 PM Reply Like
  • john001
    , contributor
    Comments (900) | Send Message
     
    If indeed BB is cleaning house and dumping the deadwood this is good news. However, the lacklustre performance on today's market suggests to me that traders are playing a wait & see game but will act positively once the blood starts flowing.
    12 Jul 2013, 10:11 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4842) | Send Message
     
    Last year I commented that if their revenues were to be landing at 2008 or so levels then their headcount should be there also at minimum which if I recall correctly was around 8000 employees. So they need to get rid of 4000 to 5000 people to right size the company.

     

    Pretty simple to stabilize the ship. Not sure if they can ever get the ship moving again. That takes extremely good management that is single minded not a bunch of socialites.
    13 Jul 2013, 12:49 AM Reply Like
  • JGRtrader
    , contributor
    Comments (3) | Send Message
     
    I am pulling for Blackberry and own a Z10 after three earlier models. I am also a retired engineer who ran a software development department. I have traded BBRY from time to time, out now.

     

    The thing that has concerned me for some time, is that there may be lack of "fire in the belly," at Blackberry that you see in growing high tech companies, particularly Silicon Valley. Seems like declining morale and overall depressed staff. That could account for the slow execution and dragging feet approach to deliver of product that seems to be endemic at Blackberry.

     

    I was shocked at the complete absence of promotion in the stores for the Z10 launch. I was also shocked at the dismissive almost contemptuous attitude toward Blackberry Z10 by the retail clerks. People, customers and sales alike, don't have any idea what is new with the Z10. They just assume it is an new package on the same old phone. Blackberry needed to really come out with a major upbeat splash on the Z10 launch with Calendar and Email working. This might have helped to win back some mind share but now it will be much harder. At an AT&T store after the earnings announcement, the clerk could not contain his joy at the dismal sales, earnings and drop in stock price. That confirmed for him what he predicted and wanted to believe.
    13 Jul 2013, 04:00 AM Reply Like
  • Movingonup
    , contributor
    Comments (143) | Send Message
     
    @JGR. I agree that there are some who are bashing, but yet have never even tried the phone. The lack of promotion is the carriers failure. Such as my experience I shared in my earlier comment. When I asked why the new BB10 was hidden behind the counter, the Blackberry basher, said to me..."We are only doing what we've been told to by my boss".

     

    If you have been following Blackberry closely, and tuned into their webcast for their recent annual meeting July 9th, you may recall Thorsten making a comment along the line that the carriers are merely trying to meet their own numbers.

     

    APPL & Samsung are much larger volume dealers. You can imagine the power and the pull they may have in influencing the carriers.
    13 Jul 2013, 04:49 AM Reply Like
  • slcUTAH
    , contributor
    Comments (542) | Send Message
     
    I would have punched the clerk in the mouth to help him contain his joy at the dismal sales.

     

    -Cheers!
    13 Jul 2013, 02:01 PM Reply Like
  • slcUTAH
    , contributor
    Comments (542) | Send Message
     
    I agree. Blackberry (and Nokia) don't stand a chance with AT&T. BB should just sell the phones online themselves.

     

    -Cheers!
    13 Jul 2013, 02:04 PM Reply Like
  • ShadowBacon
    , contributor
    Comments (2) | Send Message
     
    I see this is a good thing. BBRY is lean, cash strong, and has something to offer. It the management can't handle the task they need to be replaced.
    13 Jul 2013, 04:05 AM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    Or simply removed? After all, they have the products and the engineering in place, so what is left for executives to do, other than in marketing (which has been woeful)? Time to flatten the structure; struggling companies can't afford redundant layers of management!
    13 Jul 2013, 04:49 AM Reply Like
  • Frank Siedler
    , contributor
    Comments (952) | Send Message
     
    No, replace with capable and forward thinking people! BlackBerry must have visionaries, which can make the very good BlackBerry 10 even better! But i think they have a lot today in their firm like TAT and the people of QNX! They are "freaks" which know how they get the most out of the system!
    13 Jul 2013, 11:37 AM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11381) | Send Message
     
    Frank,

     

    You're always harping on the awesomeness of QNX; but that only matters to engineers.

     

    QNX could be coded in pure gold and it wouldn't make a lick of difference to the customer.

     

    Look at Android, pure poo. But it's the largest selling mobile OS in the world. Do you know why? Ecosystem my man, ecosystem.

     

    It's time you and everyone else get over this "runs on nuclear reactors" and "it has a micro kernel" rubbish and push for a real ecosystem.

     

    BlackBerry should be focusing on apps, music, movies, ebooks, and syncing across all devices and computers. Oh yeah, and marketing it as "fun".

     

    And one last thing, lose the QWERTY, and the "we're an enterprise phone" nonsense.

     

    Other than that it's a fine phone.
    13 Jul 2013, 10:33 PM Reply Like
  • Ben Learner
    , contributor
    Comments (211) | Send Message
     
    @Mr Knowitall

     

    Do you think it is possible that BlackBerry already has that ecosystem in enterprise? It seems to me that BlackBerry, and possibly Microsoft, are the only ones that do.

     

    Do you think this will be worth something in the mid-term?
    14 Jul 2013, 01:25 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11381) | Send Message
     
    Hi Ben,

     

    To some degree I agree BlackBerry has some ecosystem'ish'ness in the enterprise, the problem is that's BlackBerry is losing the enterprise and I'm guessing that will go to zero in about 2 years.

     

    The problem as I see it is twofold:
    1. counter to popular belief, business people are human and like apps, movies, music, games, etc, just like the rest of us.
    2. with BYOD, these (human first) business people can finally bring the smartphone they want rather than the one mandated by the company to work.

     

    It is for this reason I say that whatever enterprise-ecosystem you are referring to is today insufficient.
    14 Jul 2013, 01:31 PM Reply Like
  • Ben Learner
    , contributor
    Comments (211) | Send Message
     
    Thanks for your reply.

     

    I do not see the enterprise customers going to zero, if nothing else because BES10 is already being implemented in the DOD, where the requirements for BYOD limit the advantages of other ecosystems. This will not be enough for BlackBerry's survival. Let's hope private enterprises adopt BES10. Mr. Heins was not clear how many of those 19000 companies had actually adopted it.
    14 Jul 2013, 02:15 PM Reply Like
  • Frank Siedler
    , contributor
    Comments (952) | Send Message
     
    @ Mr. Knowitall
    "You're always harping on the awesomeness of QNX; but that only matters to engineers."

     

    Well, if the OS is good and software engineers can write relatively easy apps for it, it will have success. And i think, with BlackBerry 10 is that given!

     

    And you are totally right, we need more apps, to make the customers happy. But i think BlackBerry is on a good way. The number of apps is steadily increasing. Look at BlackBerry 10.2, it has support for Android 4.2.2. BlackBerry 10 is getting better and better!
    And with a good marketing the people will notice that. I think BlackBerry is improving their marketing strategies rapidly.
    15 Jul 2013, 04:54 AM Reply Like
  • lovetobbq
    , contributor
    Comments (107) | Send Message
     
    I only know 1 exec...so the sample size is a little small for statistical significance. Nevertheless he was given a z10 at launch in Canada...he hated it...I assumed he wanted an iphone...turns out what he wants is an keyboard. This is his work and play phone.
    15 Jul 2013, 08:43 PM Reply Like
  • lovetobbq
    , contributor
    Comments (107) | Send Message
     
    You had me until qwerty. My home has 2 android phones, 1 iphone and 3 PlayBook (because they were giving them away). I can't explain how much better the bb os is. I get frustrated with home keys and opening closing apps instead of gliding through them. I'm sure the bb10 is even better. I was so convinced I bought in. Nuff said.

     

    Still, I see a ton of q10s out there compared to z10s. Fly exec class in Canada and you'll see as many q10s as iphone...the rest will be bolds waiting to upgrade.
    15 Jul 2013, 08:43 PM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    Frank, I have to ask; have you ever met one of these "visionaries" that get so much press? In three decades of engineering, in several diverse industries, I never met an exec who came even close to qualifying, and have come to suspect that they are an Establishment sponsored media creation (one of many tricks designed to "justify" their excessive salaries and bonuses, dontcha know?)...
    16 Jul 2013, 09:39 AM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11381) | Send Message
     
    Bang on gwyn.

     

    I believe Bill Gates, and Steve Jobs were true visionaries, but they are very rare.

     

    I mean, it's not like you can just go to monster.com and type "visionary" in the little "I'm looking for" box.
    17 Jul 2013, 01:29 AM Reply Like
  • Andreas Hopf
    , contributor
    Comments (11513) | Send Message
     
    730 job openings for visionaries http://mnstr.me/16Iyaso

     

    158887 visionaries on offer http://linkd.in/16Iyasq
    17 Jul 2013, 03:16 AM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11381) | Send Message
     
    Well then, problem solved!
    17 Jul 2013, 12:08 PM Reply Like
  • Spectator88
    , contributor
    Comments (6) | Send Message
     
    I'm a long time shareholder in Blackberry - some shares purchased well above $15 (Everyone posting here seems to have bought between $6 and $15.) Beyond losing money this has to be the most painful investing experience ever. There is simply no end to the bad news. For months I've had to listen to the predicted short squeeze ad nauseum. At least that has stopped. The new chorus is that there should be share price support because they have a lot of cash and if only they were better marketers. I'm holding on (might even buy more at lower levels) because I'm a fool and cannot let go.
    13 Jul 2013, 04:07 AM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    So you are trying the "buy high, sell low" strategy? Well who knows? It may work some day, or is it more a case of "buy late and hold (and prey)"?
    13 Jul 2013, 04:51 AM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Spectator88,
    ''holding on'' You're not alone. As for being a fool, I don't think so. If you have the patience you will see yourself in a different light somewhere down the road, one to two years from now :-)..Peace!!!
    13 Jul 2013, 10:07 AM Reply Like
  • Frank Siedler
    , contributor
    Comments (952) | Send Message
     
    Yes, BlackBerry has the potential to climb high again. It's the software system in which I believe! It's great! And when they are building phones, which are appealing to all people (Hardware with top level components for the people, which need oversized Hardware to be happy :-) ... ), then they can climb very very high!
    13 Jul 2013, 11:47 AM Reply Like
  • cereal
    , contributor
    Comments (1199) | Send Message
     
    Don't listen to the BB apologists, this stock is heading lower, possibly bankruptcy (their "cash" balance is misleading). Sell now.
    14 Jul 2013, 05:00 AM Reply Like
  • onthecase
    , contributor
    Comment (1) | Send Message
     
    Spectator ... I feel your pain, I'm in the same boat.
    14 Jul 2013, 04:52 PM Reply Like
  • Frank Siedler
    , contributor
    Comments (952) | Send Message
     
    http://bit.ly/12PySmi

     

    Is that a sign?!
    15 Jul 2013, 05:01 AM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    Hello; that shows the BB OS to be the only one that's climbing, but in another such chart, just recently, it was the Asha OS that was gaining! Don't they just make up the numbers as they go along?
    16 Jul 2013, 09:43 AM Reply Like
  • edlcap
    , contributor
    Comments (70) | Send Message
     
    I have too nieces who use to live in UK but now in middle east one of 9 and one of 12 and both had blackberry until they switch to iPhone one in April and one in December. I asked the 9year old one what she thinks of bbry and she told me, BlackBerry sucks and it is going bankrupt!!!! She also said she will download BBM on her iPhone. She saw my Z10 with interest and she said blackberry should be sued for copying apple design. Not very promising for bbry as all the young crowd are fleeing bbry. Unfortunately I think it is game over for them unless a révolution happen and a big one.
    13 Jul 2013, 04:17 AM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    BB10 was never meant for kids!
    13 Jul 2013, 04:52 AM Reply Like
  • Ben Learner
    , contributor
    Comments (211) | Send Message
     
    @edicap

     

    Let me know where I can send your nieces two unopened Samsung Galaxy 2 smartphones. They will love them to bits.
    13 Jul 2013, 05:59 AM Reply Like
  • Frank Siedler
    , contributor
    Comments (952) | Send Message
     
    Well, the young crowd how you call them, is saying all the things which the older ones are talking. Unfortunately that has nothing to do with knowledge, only emotions. Because of that reason, many kids are loosing a lot of money, because they are buying credits for their Internet games! Well, if the parents can't manage that, how can the kids do?! If everyone only thinks about "bread and games" something like that can happen!
    13 Jul 2013, 09:19 AM Reply Like
  • Movingonup
    , contributor
    Comments (143) | Send Message
     
    hhmmm, but also looks like they will be fleeing to BBM. One can only imagine the strategy they have in mind....
    13 Jul 2013, 10:52 PM Reply Like
  • voytekp
    , contributor
    Comments (77) | Send Message
     
    @ Ben, this was priceless! Yet, I feel not too many got the sarcasm! LOL. Galaxy 2 was a total rip off of an iPhone!
    19 Jul 2013, 02:36 PM Reply Like
  • edlcap
    , contributor
    Comments (70) | Send Message
     
    Unfortunately the young crowd set the trend, not the old one.

     

    Anyway the sad answer when someone says those people do not lime the product instead of saying why and what shall we do to make them like it you get the arrogant answer, the product was not make for them.

     

    Humility is key to paradise and success and arrogance is key to hell and failure
    13 Jul 2013, 10:40 AM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    "arrogance is key to hell and failure"? And also an executive salary, from what I've witnessed! I suppose it depends on what you mean by "failure"...
    16 Jul 2013, 09:46 AM Reply Like
  • Movingonup
    , contributor
    Comments (143) | Send Message
     
    You do realize, I can click the 'Report Abuse' option Tomas.

     

    I see your feathers are very ruffled.

     

    Since you have called me an idiot, and your statement is still on the comment board, I am assuming that Seeking Alpha might be on a coffee break. I have had comments removed and warnings issued to me for far less vulgar/abusive behaviour than what you are displaying here.

     

    I am intrigued that I have garnered such an intense and sensitive reaction from you and this raises my curiosity as to why.

     

    Care to tell us what country you are from Tomas? This is not meant to offend you. I am merely wondering as your rights may differ from those in Canada. In Canada, there is the Charter of Rights and Freedoms. Because we are a free and democratic society, we have the right to "freedom of thought, belief, opinion and expression...."

     

    So then, you have not answered whether you are an investor in the stock?
    13 Jul 2013, 05:26 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11381) | Send Message
     
    My guess is Tomas was just exercising his right of expression ;-)
    13 Jul 2013, 10:21 PM Reply Like
  • Movingonup
    , contributor
    Comments (143) | Send Message
     
    Indeed @ Mr Knowitall...indeed! I will not dabble around with the 'peaceful assembly' component.

     

    At this point I'm gracefully stepping away from the hostility as this is not the purpose of the comment boards; to read others getting into pi**ing matches. Hence I will not indulge in any further correspondence with Mr .Tomas.

     

    Rather, I think I will focus my energy positively and plot another 'scout mission' into this time, a different carrier and observe yet again what ensues!!

     

    I will be certain to report back with an accurate and unbiased report ;o)
    13 Jul 2013, 10:49 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11381) | Send Message
     
    @moving,

     

    All's good.
    However, Tomas is a very bright guy, I remember him trying to talk sense to the apple-crazy back when $AAPL was $650+.

     

    If I may, and you certainly don't owe me your ear; consider taking from the bears their knowledge. Whether you agree or disagree, the points raised are more often than not valuable.

     

    It is unfortunate that these discussions usually degenerate into what seems aggressive, but I like to characterize it as passionate ;-)

     

    PS. probably 1/2 the 30 something people I follow are shorts of the stocks I'm long; I want to know what ammunition they hold.
    14 Jul 2013, 02:01 AM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Mr.Knowitall,
    Of course, any intelligent investor wants to hear what the negative sentiments are concerning a stock that one owns. That being said, there is a way to present your concerns in a fashion that is acceptable to most people. There will always be differences of opinion, we can be respectful even when the comments are not what we want to hear. I will reiterate, why be bashing(different from reasoned objections) a stock for no apparent reason other than wanting to spare the fools who are long from a certain and immediate catastrophe? I for one doubt very much that the bashers are in any way concerned about our welfare, au contraire, they seem to be enjoying BBRY's ''supposed'' inevitable downfall immensely. I challenge any one of them to answer in a clear logical sense, why they act in such a disagreeable fashion to any positive( real or perceived) articles or comments about BBRY?.........Peace!!!
    14 Jul 2013, 12:18 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11381) | Send Message
     
    @logicalman

     

    " I challenge any one of them to answer in a clear logical sense,"

     

    Sure, I'll answer that.

     

    Because I'm short via long puts.

     

    Longs encourage others to invest based on perceived advantages of the platform and management.

     

    Shorts discourage others from investing based on perceived disadvantages of the platform and management.

     

    Now while this may at first seem 'evil', I can assure it's not; because remember, this is all about investing and making money and not about personal love for a platform or management.
    15 Jul 2013, 03:55 PM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Mr. Knowitall,
    Thank you for your response. I do agree with what you are saying, however the point I wanted to make was that the ''bashers'' statements are rarely based on actual, verifiable facts. More often than not it borders on a fanatical hatred that goes beyond presenting facts to support their views. I realize that some of the longs also make outlandish statements. As I have stated, I listen to both sides and stand ready to adjust my outlook if any new evidence based on credible facts are presented. My objective is the same as yours, to make $$. In this instance I would have a difficult time being short BBRY. The shorts have their reasons and so do the longs, I will put my $$ on the longs for BBRY at this time. Peace!!!
    16 Jul 2013, 09:38 AM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    Mo, I see you do know about "Reply" buttons, so does this mean the post you object to has been removed? This does not make for good entertainment, so what have you achieved? Me, I'm for free speech, within limits...
    16 Jul 2013, 09:51 AM Reply Like
  • usajordi
    , contributor
    Comments (207) | Send Message
     
    TH should send immediately a real army of trainers to all States of USA, to help sales teams at ATT and Verizon learn what BB10 is all about.
    Leave a system in every store with a 42" screen and play there a loop in a Z10 or Q10 connected via mini HDMI videos of 5 -10 minutes or more and play them to the interested customers so they can see very well all they can do with the new BBRY phones. (I hope BBRY is the first to offer wireless HDMI some time soon in phones}. There are so many advanced features in these phones that is extremely important to show them to all potential customers.
    BBRY should establish also spiff money and awards for the best salesman to push sales at all levels, store by store, by area, by States and National, and offer them great prices, trips to exotic places, and for the best maybe a flight to Space with Virgin Galactic, and great bullish results will be seen very soon.
    Move TH move, as fast as you can!
    14 Jul 2013, 11:12 AM Reply Like
  • Movingonup
    , contributor
    Comments (143) | Send Message
     
    @usajordi, I love your ideas about creating this outstanding presence inside the carriers. I'm sure if they could they would.

     

    However, it is the carriers that decide what level of presence Blackberry can have inside their locations and it is the carriers that decide what amount of space they will allow them for demos etc.

     

    The management are in control of who & what will get prime positioning on the 'shelves'.

     

    The mindshare that Blackberry is trying to accomplish with their strategy must work!

     

    It needs to ignite at the ground level, where consumers are determined to get their hands on their products and can't be stopped or hindered by anyone as their mind is already set on Blackberry.

     

    Somehow, Blackberry needs to accomplish that want.
    14 Jul 2013, 12:38 PM Reply Like
  • usajordi
    , contributor
    Comments (207) | Send Message
     
    Go to the web and take a good look at the BES10 system!
    If TH would leverage the potential and partner soon with IBM, Lenovo, HPQ, DELL, CISCO or any other of the Big Ones, would do wonders and magic for the future of BBRY!
    What a great product is. I hope they make the best lemonade with it!
    14 Jul 2013, 11:14 AM Reply Like
  • gwynfryn
    , contributor
    Comments (5134) | Send Message
     
    Sorry usa, but I'm confused; first you say the system is great, but then that the products are lemons?
    16 Jul 2013, 09:54 AM Reply Like
  • seniorenergyman
    , contributor
    Comments (12) | Send Message
     
    If it is not already too late they need a salesman in charge of the company not an operations man. If they don't they will soon need a court appointed bankruptcy lawyer. Then again if they keep laying off people, soon they can merge with Kodak.
    25 Sep 2013, 11:25 AM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4842) | Send Message
     
    senior

     

    Great insight but under appreciated by 99% of the population.
    25 Sep 2013, 01:43 PM Reply Like
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