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The QWERTY-sporting BlackBerry Q10 might not be available in the U.S. until May or early June,...

The QWERTY-sporting BlackBerry Q10 might not be available in the U.S. until May or early June, though other markets are expected to get it by April, Thorsten Heins states in an interview. He adds early Z10 sales in the U.K. are "beyond expectations," and suggests BlackBerry (BBRY +6.8%) is willing to evaluate takeover offers. Many, but not all, of the early reports (I, II) on U.K. Z10 sales are positive.
Comments (17)
  • LYogi
    , contributor
    Comments (2358) | Send Message
     
    Not sure I like this- that they are now publically saying they are open to takeover offers. Something doesn't smell right.
    5 Feb 2013, 05:30 PM Reply Like
  • thomas066
    , contributor
    Comment (1) | Send Message
     
    I agree. Seems to go against prior committments to keep the company together, if at all possible. Hope this is for pr only.
    5 Feb 2013, 06:11 PM Reply Like
  • slcUTAH
    , contributor
    Comments (542) | Send Message
     
    The only thing this type of 'incomplete' reporting does is confuse and scare investors to sell. Hopefully we don't see a big dip tomorrow.
    5 Feb 2013, 06:49 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5744) | Send Message
     
    All they are saying is that the company is cheap enough to be a takeover target and if a buyer puts up a fair value, they will sell as a public company's main obligation is to maximize shareholder value. And as I see based on its numbers, it is well in takeover territory. Will they sell. If at the right price.

     

    I think they hope the stock will rise enough to thwart any takeover offers.
    5 Feb 2013, 08:14 PM Reply Like
  • m_007
    , contributor
    Comments (55) | Send Message
     
    a company/CEO who has full confidences with its key product and promise this/that many times will keep saying "evaluate takeover offers", just couple of days behind BB 10 launch. why can't they wait for couple of months and sell the company with bigger success ahead? or they don't have any confidence. everything is hype and so they sell the company with a good price before it's following down. up to now, nothing except sales volume can approve RIM/BB10. don't they dare to face the realities when time is coming after waiting for couple of years? Thorsten Heins, couldn't you tell people a bit real thing before sell out RIM without selling out millions BB10 devices.
    6 Feb 2013, 12:57 AM Reply Like
  • gwynfryn
    , contributor
    Comments (4626) | Send Message
     
    Yes LY, that was also my immediate impression; a sort of "let's see if we can get top dollar, before the truth leaks out"?

     

    Can't imagine what that "truth" could be though...
    6 Feb 2013, 09:06 AM Reply Like
  • gdavidson1731
    , contributor
    Comments (159) | Send Message
     
    First, we have to determine if this report has any authority behind it. They had a Minister of Government publicly declare BB was not for sales. Maybe the founders have lost interest and want to sail off into the sunset.

     

    However, the sales news is positive.
    5 Feb 2013, 06:02 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5744) | Send Message
     
    Conflict of interest. Executives only care about maximizing shareholder value. Canadian government does not want the company sold because that means layoffs which is not in the best interest of their people.
    5 Feb 2013, 08:18 PM Reply Like
  • santorama
    , contributor
    Comments (105) | Send Message
     
    A bit strange. unless he is in advanced talks and is preparing the shareholders for a potential takeover.
    Do you have a link you can post for this interview?
    5 Feb 2013, 06:05 PM Reply Like
  • Brent Fullard
    , contributor
    Comments (34) | Send Message
     
    The comment about "open to takeovers" would likely have been in response to a pointed question to that effect. Nothing new in what Thorsten said, as he previously stated that the company would not consider any takeover proposals until after the BB10 launch. We are now in that post-launch phase.
    5 Feb 2013, 06:08 PM Reply Like
  • LYogi
    , contributor
    Comments (2358) | Send Message
     
    I see. BBRY wanted to first demonstrate that they a) could make launch and b) that the phones are good.

     

    Now they won't be undervalued in negotiation.

     

    It's what they had to do. Prove themselves. Makes sense.
    5 Feb 2013, 06:22 PM Reply Like
  • tokyostory88
    , contributor
    Comments (32) | Send Message
     
    Heinz is irrelevant when it comes to takeover disussions. He does not have the power within the firm. He is an execution only guy at the operating level.When it comes to that level of discussion, its the board only and certain board members at that. Takeover unlikley..partnerships are very vaguely defined...outsourcing is a partnership and that is very low incremental value adding....Product selling ok in UK so far but so what ..anything was better than current models..Need more time to see what is the follow on or has RIM exhasuted itself? It needs to shock us with improvements and more now in the pipeline to break out of the (good) but me 2 category...A long way to go yet for a real investment case ...as for traders you can look after yourselves..
    5 Feb 2013, 06:41 PM Reply Like
  • cheznazi
    , contributor
    Comments (124) | Send Message
     
    I think Thor's exact words were "we have to consider". And he has been saying this for a while now. Not sure if this article is citing a new report but CNBC has a video clip of Thor explaining WHY BB "has to" consider all offers. I wouldn't worry about it.

     

    Sorry, I did not save the link but I watched the video on Jan 30th.
    5 Feb 2013, 06:58 PM Reply Like
  • pip_rookie
    , contributor
    Comments (39) | Send Message
     
    TH is fully committed to BB and its future. This nothing new and is being taken out of context. Where is the link of this Interview. I saw his interview on CTV today, he said that he is very excited and a new phone is already in the works with great new features. As for sales, I checked one store in downtown and they told me they were sold out in the morning and new phones are already pre booked. I think some people just don't want BB to succeed.
    5 Feb 2013, 07:12 PM Reply Like
  • Tufenk
    , contributor
    Comments (963) | Send Message
     
    pretty candid conversation, think he is respecting his fiduciary duty to shareholders,
    http://bit.ly/11opNp7
    5 Feb 2013, 08:41 PM Reply Like
  • AlphaSam54
    , contributor
    Comments (20) | Send Message
     
    I read Thorsten Heins' comment as positive. Not too long ago, the public had written RIM off as being part of the living dead, having only the value of its cash on hand and patents. Today, in addition to investor increased interest, and increased customer excitement, a suitor may be in the wings. If nothing else, Thorsten Heins is stating that Blackberry is not part of the living dead. Rather, Blackberry may be a suitable love partner, to a proper suitor.
    7 Feb 2013, 03:04 AM Reply Like
  • gwynfryn
    , contributor
    Comments (4626) | Send Message
     
    For now, Alph, but there's something fishy about bringing up takeover hints at this stage in the game. I can't imagine what it might be, but I won't be surprised if some "out of the blue" (to us, anyway) devastating news turns up, eventually...
    7 Feb 2013, 10:05 AM Reply Like
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