- Up yesterday following news Ford is set to use QNX within its next-gen Sync system, BlackBerry (BBRY +6.6%) is gaining today following the unveiling of several products, and remarks from John Chen suggesting he's open to selling or spinning off BBM down the road.
- Chen, referencing the $19B Facebook/WhatsApp deal: "Anything to help our shareholders I need to take a very serious look at ... The potential [for BBM] is going to be huge ... Until we get to the point that we can showcase that potential it is a bit too early to think about getting our $19 billion."
- Shares jumped last week in response to Facebook/WhatsApp. TD Securities upped its estimated valuation for BBM to $800M.
- This morning, BlackBerry has launched the Z3, a 5" touch-only phone that will sell for less than $200 unsubsidized in Indonesia (one of BlackBerry's biggest markets) starting in April, and the Q20, a new QWERTY flagship. The Z3, which doesn't sport a 4G modem for now, is the product of BlackBerry's Foxconn partnership.
- Also announced: 1) The eBBM Suite (launching this summer), a set of secure messaging products/services built with enterprises in mind. 2) BES 12 (launching by year's end), a next-gen MDM software platform offering better app/service management. 3) A promotional program that allows enterprises to migrate to BES 10 for free.
at CNBC.com (Nov 18, 2014)