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More on BlackBerry (BBRY -6.8%): Deutsche's Brian Modoff is questioning early reports (from...

More on BlackBerry (BBRY -6.8%): Deutsche's Brian Modoff is questioning early reports (from Thorsten Heins and others) of strong Z10 demand in the U.K. and Canada. Deutsche's survey of 60 stores in the countries found no sellouts in the U.K., and that those in Canada were attributed by reps to limited supplies. Meanwhile, Detwiler Fenton notes in its report Samsung "has been poaching key engineers and managers" from BlackBerry as it ramps its enterprise efforts. (earlier)
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Comments (71)
  • Gene Chan, CFA
    , contributor
    Comments (244) | Send Message
     
    We're into the 3rd week of launch in the UK and you're still expecting sell-outs? You wouldn't expect that from any phone manufacturer with a well-managed supply chain.
    15 Feb 2013, 02:59 PM Reply Like
  • bbryuser
    , contributor
    Comments (427) | Send Message
     
    agreed also for material facts a ceo cannot lie and sales and launch success commentary from the ceo would be a material fact presumably. specifics for sales will come out at quarterly report. once again a ceo can not lie regarding a material fact...so this suggestion that the ceo lied is imo questionable . and a well managed supply chain would certainly want to get more product available asap
    16 Feb 2013, 04:41 AM Reply Like
  • kuzzik
    , contributor
    Comments (89) | Send Message
     
    Guys the phones are sold out. The shops i went in to told me there is 2 week delivery time. I bought 3 z10 from amazon for almost the double price.
    15 Feb 2013, 03:03 PM Reply Like
  • pagreen1966
    , contributor
    Comments (647) | Send Message
     
    Here in the UK it was big news a week or two ago that Blackberry's ceo was lying about the UK sales. Trying to make out that the launch was more successful than it was.
    15 Feb 2013, 03:03 PM Reply Like
  • A good year
    , contributor
    Comments (237) | Send Message
     
    pagreen 1966

     

    you're either misinformed or a liar

     

    Phones4u spokesperson Scott Hooton commented very positively on the launch.

     

    "As Phones 4u is currently the only place people can get their hands on the BlackBerry Z10 in white, it has been a huge success and continues to sell extremely well. A large number of our stores did sell out of the white model on launch weekend, but because we knew demand was so high and we didn't want anyone to miss out on getting one, we replenished stock within hours."
    15 Feb 2013, 03:24 PM Reply Like
  • cereal
    , contributor
    Comments (1082) | Send Message
     
    The new BB has been delayed until April here.

     

    I wouldn't be surprised if Thorsten lies to pump up their image, they sorely need it after Alicia Keys (global creative director of RIM) used an iPhone to tweet about BB and lied about it.

     

    http://bit.ly/Z3dSrs
    15 Feb 2013, 04:00 PM Reply Like
  • john001
    , contributor
    Comments (848) | Send Message
     
    So...I guess you are one of those apple fans that shorted BB.

     

    Calling others "liars" speaks volumes about your character. I'm surprised alpha allows posts like yours.
    15 Feb 2013, 04:40 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (10542) | Send Message
     
    One should not forget that in Heins' time, Siemens Mobile went under and even the emergency sale to BenQ was botched. I would not entrust this CEO with turnaround management.
    15 Feb 2013, 07:11 PM Reply Like
  • cereal
    , contributor
    Comments (1082) | Send Message
     
    The RIM interns have gotten really rowdy of late. I guess the interns got the memo about the new viral marketing strategy?

     

    Alicia was caught saying how great her BB was from her iPhone. She then lied claiming her twitter account was hacked only to have a PR rep only to later admit that she hadn't fully transitioned from her iPhone.

     

    The evidence was posted already, my character is doing fine.
    16 Feb 2013, 12:05 AM Reply Like
  • thenatural88
    , contributor
    Comments (57) | Send Message
     
    Any relation to Bernie Madoff ?
    15 Feb 2013, 03:03 PM Reply Like
  • MoV1
    , contributor
    Comments (96) | Send Message
     
    Hes got the same credibility
    16 Feb 2013, 03:05 AM Reply Like
  • kuzzik
    , contributor
    Comments (89) | Send Message
     
    Also in UK it is not possible to buy the z10 without contract. It was possible the first day, but then the retailers probably realised that they could make more money on pushing people into contracts. That is ridiculous
    15 Feb 2013, 03:05 PM Reply Like
  • Gene Chan, CFA
    , contributor
    Comments (244) | Send Message
     
    In Canada, It's hard to find a place who sells it off contract as well. Most carriers are using the demand to drive subscriptions.
    15 Feb 2013, 03:07 PM Reply Like
  • A good year
    , contributor
    Comments (237) | Send Message
     
    if you're currently on contract you can upgrade if eligible or buy it outright
    15 Feb 2013, 03:25 PM Reply Like
  • Chris Lau
    , contributor
    Comments (2473) | Send Message
     
    The largest electronic retailer demands consumers activate their phone, even when they are paying the full price for the device. There is no question demand is strong in Canada, but retailers and carriers are looking out for themselves:

     

    $649/activation required - sold out:
    http://bit.ly/YkI2pe

     

    All blackberry 10's:
    http://bit.ly/VW2vo0
    15 Feb 2013, 03:28 PM Reply Like
  • DMCstrategies
    , contributor
    Comments (71) | Send Message
     
    You can get it anywhere 'off contract' in Canada
    15 Feb 2013, 04:18 PM Reply Like
  • Tim Bee
    , contributor
    Comments (145) | Send Message
     
    I know that some stores in Toronto were sold out of Rogers' version of the phone. I went and talked to them personally. Maybe Rogers didn't think there would be that great a demand and maybe Rogers had some logistical problems but Heins was not lying, at least not about stores in Canada selling a lot of them.
    One woman said they were doing almost as well as the iPhone, at least for the first few days. People were being turned away.
    15 Feb 2013, 03:32 PM Reply Like
  • kuzzik
    , contributor
    Comments (89) | Send Message
     
    I don't have any idea who Bernie is, I just love my Z 10 and after I used it for a week i went in to buy 3 more for my partners, I couldn't get it anywhere but amazon UK. Overpriced
    15 Feb 2013, 03:36 PM Reply Like
  • cfezziwig
    , contributor
    Comments (436) | Send Message
     
    I guess all the Retailers that publically annouced sell outs and record sales should have consulted with Deutsche's Brian Modoff first....seriously, why do you publish this ?
    15 Feb 2013, 03:37 PM Reply Like
  • slcUTAH
    , contributor
    Comments (542) | Send Message
     
    It was published for one thing only: to assist, along with other firms, in slamming the company and scare investors to sell their position. It worked. The stock plunged today. This is going to be the norm for the next 60 trading days or so. Hold on!

     

    -Cheers.
    15 Feb 2013, 04:35 PM Reply Like
  • john001
    , contributor
    Comments (848) | Send Message
     
    I agree...all part of the manipulation game. Playing the daily swings takes nerves, but it can be profitable :)
    15 Feb 2013, 04:44 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    It would be easy to do a similar survey after iPhone launches. While the news covers the line on the opening day, within a few days there is no longer a line at an Apple Store, and supply is generally good, though there were some supply constraints with the iPhone 5.

     

    http://bit.ly/tdnpMf

     

    Great resource that came through another article. Take a look at the huge change in short positions in the last few days on BBRY. Clearly the analysts need to come down on BlackBerry in order to justify the volume and strike prices on BBRY shares. Until we see a decline in open interest, I would expect this trend to continue.

     

    A quick check on Vodaphone, Orange and EE indicates supply availability. I question the logic of calling a small sample of stores to get anecdotal evidence, though when a well known analysts with a well known bank makes statements, then it can alter the value of options. Even a check of Ebay sales reveals that unlocked Z10 smartphones can now be had for near $700, when near launch those prices were over a $1000.

     

    As I have stated several times in the past, I do not recommend anyone buy shares of BBRY. There is a massive amount of short interest that remains, and we are two or three quarters away from really knowing what the company is doing on sales volumes, revenues, and profits. Until that time I would expect shares to whipsaw often, depending upon what talking head chatters the most on any given day.
    15 Feb 2013, 03:37 PM Reply Like
  • jwyoungy
    , contributor
    Comments (138) | Send Message
     
    I know the store I bought mine from on day one sold out but I bet they have stock in now. Stores in the UAE reported wide spread sell outs and that was with stock of between 100 and 200 phones. If you continue to bet against blackberry then you will be on the wrong side of history.
    16 Feb 2013, 04:42 AM Reply Like
  • jwyoungy
    , contributor
    Comments (138) | Send Message
     
    at launch the phones were selling for more than $1,700 on ebay and last I checked, people were still paying more than $700 for them on ebay. Think about it, the phone costs $600+tax in canada+shipping. Who is selling the phone for $700 at a loss? I am long BB and I bought at $7.56. I am so happy I didn't listen to people giving me your advice when i bought and there were lots. I'm holding my stock until $40 or bust.
    16 Feb 2013, 04:43 AM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    I state here not to buy shares of BBRY because there are far too many a$$hat$ making negative comments about the company, and the short positions are a huge volume of available shares. This means this is a very volatile company and the share prices will make huge moves on a regular basis. Options players love this sort of movement, though at times they will get the direction wrong.

     

    Disclosure: I hold shares in RIMM (BBRY) long and I expect that by late 2014 to early 2015 they will have re-established a viable profit path and sustainable business.

     

    Most of those making negative comments fit one or more of the following:
    1. own AAPL and want to talk down competitors
    2. have a short position in BBRY
    3. have friends with short positions in BBRY
    4. are fanboy$ of other brands of electronics
    5. lost money in the past on RIMM (BBRY) and have a vendetta against the company succeeding in the future
    6. are trolls fishing for reactions
    16 Feb 2013, 03:04 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (10542) | Send Message
     
    7. Know about the pre-Lackberry incompetence of Thorstein "Siemens" Heins :)
    16 Feb 2013, 10:06 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    That would simply make you part of position 2 or 3, because if you are that confident, then your (or your friends) short positions are "sure bets". ;)
    17 Feb 2013, 02:02 AM Reply Like
  • A good year
    , contributor
    Comments (237) | Send Message
     
    And you fit item #6
    17 Feb 2013, 11:01 PM Reply Like
  • sanpace
    , contributor
    Comments (84) | Send Message
     
    More BS. Heins has already stated, "he has the numbers to prove it"....PERIOD. Now we have 100 more carriers to go. Can't stop the train.
    15 Feb 2013, 03:44 PM Reply Like
  • PersephonShropshire
    , contributor
    Comments (137) | Send Message
     
    Why do I keep reading old (negative) news regarding BBRY all the time! It's ridicoulus, this was all over the (US) web yesterday
    15 Feb 2013, 04:10 PM Reply Like
  • DMCstrategies
    , contributor
    Comments (71) | Send Message
     
    I posted an instablog about this 8 days ago here, and still believe the trend to be correct. There is a huge disconnect between hopeful BBRY longs, and what is actually happening out in the marketplace.
    http://bit.ly/YdoQYr
    15 Feb 2013, 04:17 PM Reply Like
  • JayXu
    , contributor
    Comments (266) | Send Message
     
    Agreed. Way too hopeful. Some of BBRY longs are expecting BB10 to pass iphone to be number 2. Unbelievable.
    15 Feb 2013, 05:07 PM Reply Like
  • slcUTAH
    , contributor
    Comments (542) | Send Message
     
    The shorts and naysayers believe Heins is lying and/or exaggerating the sales figures thus far. The longs and fans stand behind the CEO and believe reports from the stores and carriers are true. Until Blackberry reveals the ACTUAL sales numbers the world will continue guessing and making predictions.

     

    Just a word of caution. Both investing institutions and CEOs alike have lied and/or manipulated numbers in the past to favor their position. Due diligence is necessary when engaging in an investment.

     

    -Cheers.
    15 Feb 2013, 05:13 PM Reply Like
  • A good year
    , contributor
    Comments (237) | Send Message
     
    You always get some dreamers, realistically BlackBerry can return to profitability and you're looking at $25-$30. I am more impressed with BB10 each day, BlackBerry will be fine. Looking forward to their Q4 earnings announcement another loss will be reported but Q1 will be positive.
    15 Feb 2013, 09:06 PM Reply Like
  • George Michanos
    , contributor
    Comments (10) | Send Message
     
    First week almost every telus and Rogers store was sold out, not a handfull. I actually called over 20 stores and was told that. These shorts sellers are getting desperate.....another Netflix squeeze in the making.
    15 Feb 2013, 04:17 PM Reply Like
  • canuck671
    , contributor
    Comments (55) | Send Message
     
    It must be hard to be short on bbry. The negative stories are getting ridiculous. Next story will be how the toilet tissue has been changed to single ply because they cannot afford the better kind.
    15 Feb 2013, 04:18 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    Best figures I have seen from early BlackBerry launch history indicated 585k units. So for the company to say they exceeded their best ever launch, they only need to sell 600k Z10 devices. We should know more in a few weeks when BlackBerry report earnings.
    15 Feb 2013, 04:32 PM Reply Like
  • PersephonShropshire
    , contributor
    Comments (137) | Send Message
     
    But they said it was more than 50% better in CA and 3 times better in UK so by those numbers we should be over 1 million now
    15 Feb 2013, 04:49 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    Okay. I didn't see the specifics mentioning how much better. Some analysts project sales volume at 5 million devices per quarter, which is actually below the volume of BB7 devices each quarter last year. In other words, most analysts are expecting the new BB10 devices to sell at lower volumes than "obsolete" BB7 devices.
    15 Feb 2013, 05:05 PM Reply Like
  • Gene Chan, CFA
    , contributor
    Comments (244) | Send Message
     
    BBRY doesn't actually need to sell that many BB10 devices to be immensely profitable. At 650 ASP, these things are probably contributing around $200/unit to the margins. Did you know they broke even in Q3 just from selling BB7?

     

    BB10 only needs to sell 1/10th the volume of iPhones to achieve significant results as it is a much smaller company. And the buzz so far certainly support 1/10th. They may not have enough to overtake Apple, but that's not required in order to achieve amazing financial results this year.

     

    I suggest crunching the numbers yourself, but an article will be coming on this topic over the weekend.
    15 Feb 2013, 05:43 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    I see cost under $200 per unit, not including marketing and advertising. Also, the profit is not just from selling the device, as other manufacturers do. BlackBerry gets recurring revenues from every device in use by their user base, unlike other companies.
    15 Feb 2013, 06:19 PM Reply Like
  • Gene Chan, CFA
    , contributor
    Comments (244) | Send Message
     
    BB10 sold to consumers will not get any service revenue from BIS, although they may replace some of it through app/music/movie sales and other modern services, it probably won't be enough to completely offset it.

     

    But regardless, the conclusion doesn't change. Service revenue was about $50/year per BB7 users, so even if you assume $0 service from BB10, the higher ASP more than offsets it based on 2-3 year upgrade cycles.
    15 Feb 2013, 06:48 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    BIS provides additional revenues. Ordinary BlackBerry devices produce smaller continuous revenues, according to their financial reports. Carriers in the US have been pushing for a reduction in this agreement. Corporate users do generate more recurring income. What would be great is for BlackBerry to break down these financial figures more and provide more detail.

     

    Upgrade cycles are a different matter, and the company has indicated in the past that end users on their network were still using a very large proportion of earlier devices. Some conversion of those older device existing users would allow for replacement sales. Using BB7 device sales as a guide, new users made up less than 10% of new device purchase volumes. There is also an issue of upgrade charges from carriers in the US, for users still on a two year contract. I would expect BB10 sales to total over 40 million units by mid 2014 world-wide.
    15 Feb 2013, 07:17 PM Reply Like
  • Gene Chan, CFA
    , contributor
    Comments (244) | Send Message
     
    BB10 does NOT use BIS so there will be $0 BIS fees from the consumer BB10 phones. The BES fees from corporate phones will mostly stay, but that's a smaller portion of the total S&S revenue.
    15 Feb 2013, 07:52 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    The Z10 can use BIS, but it does not require it, and it will not work with all incoming data. It depends if the carriers will want to offer BIS as part of the contract. Where this places revenue takes a bit of guessing.
    15 Feb 2013, 08:10 PM Reply Like
  • oneinfiniteloop
    , contributor
    Comments (663) | Send Message
     
    Didn't Blackberry announce that they had their best device sales (BB7 and BB10) in this quarter so far?
    16 Feb 2013, 01:57 AM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    I think what some analysts comments indicate is that they expect BB10 sales to do worse than BB7 sales. This is not realistic. I think at worst BB10 sales would come in near BB7 sales, which would indicate 36 million to 40 million device sales per year. This also ignored QNX systems in automobiles adding a few million, and if BlackBerry can actually produce a successful and competitive tablet.

     

    Some analysts argued either for BlackBerry to adopt Android, or for the company to be split up. Splitting the company would have helped their competitors. Other than Samsung, BlackBerry should be able to sell more BB10 devices and any other Android device maker. Compared to Windows phone, it appears that even "obsolete" BB7 outsold any individual Windows phone vendor. So when analysts in the past have stated BlackBerry needed a more modern touchscreen smartphone, and now they finally have that device, why do they continue to play down the numbers below sales volume of BB7 devices? I think it is a very good thing that analysts don't run companies.
    16 Feb 2013, 03:20 PM Reply Like
  • oneinfiniteloop
    , contributor
    Comments (663) | Send Message
     
    Good point Herr Hansa. To add to that Heins categorically stated that BB7 based BIS revenue is not going anywhere for at least next 2 years - which means an additional $4 billion to $BBRY's bottom line. This is assuming all BB7 sales halt tomorrow - which obviously is not the case because $BBRY has said that the sales numbers were really good during December '12 and January '13. Which essentially means that there are more BB7 phones running BIS that have been sold over last 2 months. If during the short time that BB10s have been selling they are able to chalk out a good sales number then that will be a good indication about the success of BB10. I am sure that the analyst will paint that in a bad light saying that the sales of BB10 is an indication that service revenue is going to decline faster than expected due to earlier adoption of BB10 than what they had expected. Well that is for some other day I guess.
    16 Feb 2013, 03:31 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    It is basically up to the carriers. There is some confusion on BIS revenues. If someone has an existing contract with BIS, then a carrier could honor that contract on a phone upgrade. Most of the BB7 features that worked through BIS will work through the Z10, but there is no requirement to have BIS. This is what some carriers have pushed to achieve, because no BIS means greater data revenues for the carriers. The only advantage to carriers of BIS is lower data impact on their infrastructure.

     

    End users have some concerns about the changes. If carriers decide to not offer BIS with the Z10, or not honor existing BIS contracts on upgrades, then BIS dies slowly as devices reach end of contract. Some end users are concerned that the carriers are not efficient with e-mail delivery and that a switch to carrier support will mean delays getting e-mails. Another concern is that with BIS there is data compression, allowing a lower volume of data per transmission, but when data depends only upon the carrier, then the data fees and usage go up (other than unlimited data contracts). The two old advantages of BIS were data compression and fast message delivery. The only advantage of not having BIS would be if BlackBerry servers went down, then the carrier network can still provide all data, though carriers are not 100% reliable either.

     

    So if carriers in the United States do not support BIS, then data costs and upgrade changes may restrict some upgrades, or hold back potential buyers. The other issue in this is that the carriers could negatively impact sales, because they are more concerned with monthly fees than with initial sales. Upgrade policies and viability of older plans will be issues for anyone upgrading.
    16 Feb 2013, 03:47 PM Reply Like
  • A good year
    , contributor
    Comments (237) | Send Message
     
    The success of BlackBerry will come at the detriment of Apple and Google. Fund managers don't want this, they have large positions in Apple and Google and you will continually see negative BlackBerry news until BlackBerry can report positive news themselves. Q4 earnings will be the first time BlackBerry will report positive revenue and shipments.
    17 Feb 2013, 11:08 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    Smartphones are still growing globally, though they are near saturation in the United States. Saturation means the market becomes a replacement market with a less often frequency of upgrade purchases. We could see a little of that in the data indicating a greater number of repeat purchasers for each successive iPhone model.

     

    BlackBerry need new users, though conversion of users with older devices, of conversions of users from other platforms will be important factors. I think we have at least three to five years before the global smartphone market is saturated and becomes a mostly replacement market. The real strategy I hope to see is lowered priced BB10 devices to address some of the markets that are still growing the smartphone user base. Developed markets are becoming less important, other than for headlines.

     

    I disagree with the idea that analysts are bashing one company to prop up another. There is a hint of fan level reporting in the news, especially with some popular blogs that heavily tout anything Apple. I don't think the fund managers look at the news blogs, though they may read the news. Don't forget that the original iPhone was not expected to be successful.

     

    What is heavily being manipulated is options plays. Options volume is massive in BBRY shares at the moment. Unless traders move on to another company, thus reducing options volume, then I would expect volatility to continue. Also, take a look at the chart forming a nice wedge pattern. While I rarely ever make moves on technicals, it will be interesting to watch if BBRY shares make a sharp move soon, either upwards or downwards.

     

    Disclosure: I have a long position in BBRY, though I am not planning any moves until mid 2014 to early 2015
    17 Feb 2013, 11:23 PM Reply Like
  • Crispin_in_Waterloo
    , contributor
    Comments (1415) | Send Message
     
    Re the question of why so much BBRY-bashing: people have shorted the stock thinking it would go back down to $7. They are getting hammered because they thought RIM was like HP. It is not.

     

    Now they are stuck having to buy back shares they sold and promised to replace. To cover their shortfall they have two choices, run the stock down with rumours to a level where they can buy it back not losing too much, or get into day trading and try to ramp the stock up and down with progressive buy and sell orders.

     

    There are so many 'clever' people getting skinned because they bet wrong, the bile will continue for some time. BBRY is a 12-18 month hold to see how the new products integrate with the BIS and BES community. Though it is off the current map, the PlayBook is strongly integrated into this new cloud-based approach to business. If you want to bet against something, bet against laptops and hard disks.
    15 Feb 2013, 04:48 PM Reply Like
  • rocketship9
    , contributor
    Comments (103) | Send Message
     
    Can you give an update on this blog? You write with such conviction. How did you arrive at these conclusions?
    29 Jun 2013, 09:04 AM Reply Like
  • Cliff Hilton
    , contributor
    Comments (2004) | Send Message
     
    Yawn....stretch.....I'm still long.
    Since there is soooo much negative interest in this stock, I am sure it is to be successful. I'll just ride the wave. I own 15,700 share. I will keep them "forever". I should have kept my SIRI shares. I could be up 1000%. I expect BBRY to do the same. I bought at $11.18.
    15 Feb 2013, 05:58 PM Reply Like
  • WATERLOO JOE
    , contributor
    Comments (396) | Send Message
     
    As per media reports Blackberry Limited (BBRY) is on the verge of signing an agreement with the telecom carriers in United Arab Emirates (:UAE), that will allow the handset manufacturer to offer VoIP (Voice over Internet Protocol) services for the first time in the gulf country. If successful the deal could come as welcome news for BlackBerry in the UAE, which is one of the six countries where the company recently launched it’s BB10 OS (operating System) based device.

     

    Blackberry has faced resistance in the Middle Eastern countries to launch its VoIP services because the telecom carriers receive high roaming tariffs from the voice calls made by the countries’ emigrant populations. The Dubai-based carrier DU and BlackBerry are currently testing VoIP and Internet-based video services and expect to launch it in the near future.

     

    Voice calls are generally charged based on the length of the call and the country receiving the call. However, VoIP calls are offered almost for free once customers have purchased a data plan from a telecom carrier. VoIP is a serious threat to traditional voice calls and according to research firm Ovum the Internet-based service will hurt the telecom industry with $479 billion in lost revenues by 2020.

     

    BlackBerry, which is popular for its BBM (blackberry Messenger) service has almost 60 million active members and provides free and secure instant messaging service. The company has added a video function to its BB10 OS-based device in addition to the already present voice functions.

     

    If the Canadian handset manufacturer receives the nod to launch the services in the oil rich country, then it will gain an edge over its rival Samsung Electronics, Apple Inc. (AAPL) and Nokia Corporation (NOK). Nokia, which offers Microsoft Corporation’s (MSFT) VoIP service Skype Apple’s very own Face Time are blocked in the UAE by the service providers.

     

    Allowing the VoIP service could put the UAE carriers into a disadvantageous position that are already loosing money as customers are looking for other options to overcome high cost voice calls. Therefore, if BBM voice and video services are allowed then the carriers need to come up with an alternative measures to compensate their loss of revenue from international calls.

     

    Historically, UAE has been a popular market for the Waterloo, Canada-based company and retailers in UAE have seen robust demand for its latest BB10-based Z10 smartphones. We believe if BlackBerry indeed receives success in proving VoIP services then it will boost the sales of its latest device, while paving the way for future success in the country.
    15 Feb 2013, 07:26 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    Actually over 78 million user base reported in last quarter. The high point was just over 80 million user base earlier in 2012.

     

    Some carriers block certain capabilities of devices, such as mobile hotspots. Other carriers only allow certain features to work over WiFi networks. I don't think the barriers to functions are restricted to the middle east markets. More open features may be a selling point of one carrier over another.
    15 Feb 2013, 07:36 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (10783) | Send Message
     
    Waterloo,

     

    Nice post, but it appears to be from Zacks.
    Please double quote or include links so readers know what is yours and what is a copy/paste. http://bit.ly/Yyi1Bz
    16 Feb 2013, 05:14 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (10542) | Send Message
     
    Yes, spot on. Texting on the new Z10 is such a chore that commenters have to resort on copy and paste of articles they could never have typed themselves. The same thing can be said about Lackberry's CEO who tries to copy and paste his German Siemens "experience" onto a Canadian enterprise. Stay away from this stock and keep your puts.
    16 Feb 2013, 10:12 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    Oh, so you are playing options on BBRY. I suppose that falls under the theory of once you are right, then you will always be right, or once you are wrong, then you will always be wrong. How often have absolutes proven completely true of any company?
    17 Feb 2013, 02:05 AM Reply Like
  • MoV1
    , contributor
    Comments (96) | Send Message
     
    Modoffs questionnaire is very dodgy. It actually persuaded me to buy more BBRY. had he found any data that reveals sales were not strong he would have presented actual numbers like for example of the 60 stores he claims to have contacted X number had not sold out of the phones after 2 days or on average the stores were initially only shipped X number of phones but his findings(if there are any) did not support his goal of bashing the stock so he decided to be as vague as one could be. presenting actually nothing at all but abusing the respected name of his employer to manipulate. "some of the sales people said that they did not receive a large initial inventory". What does he mean by "some salespeople" 2? 3? and what do the sales people mean by "large inventory" 100? 1000? 10000? And how exactly did he select the pathetic number of 60 stores he claims to have contacted. Disgrace!
    16 Feb 2013, 03:15 AM Reply Like
  • MoV1
    , contributor
    Comments (96) | Send Message
     
    I guess its normal but it still pisses me off I hope they make massive losses on their shorts.
    If anybody wants to share with bogus Modoff what you think of his deliberate attempt to manipulate with a bogus coverage - i invite you to brian.modoff@db.com
    16 Feb 2013, 07:44 AM Reply Like
  • MixedFusion
    , contributor
    Comments (10) | Send Message
     
    I had a reservation and I was 1571 position in etobicoke, Ontario. It just shipped out today.... This article is ridiculous.
    16 Feb 2013, 04:50 AM Reply Like
  • WATERLOO JOE
    , contributor
    Comments (396) | Send Message
     
    i spoke to the manager where i bought my Z10 on the release date , he said that everyday on opening there are clients waiting to buy a Z10 , KOODO phone store is much smaller than Rogers who have had record all time sales on a Blackberry release , Bell Phone reporting the same massive sales .
    16 Feb 2013, 09:14 AM Reply Like
  • Andreas Hopf
    , contributor
    Comments (10542) | Send Message
     
    Lackberry marketing failures exposed once more http://bit.ly/VrvaS6
    16 Feb 2013, 12:33 PM Reply Like
  • oneinfiniteloop
    , contributor
    Comments (663) | Send Message
     
    @Systembolaget, thanks for forwarding the link over. I find this a very balanced review and we all know that Blackberry has to prove its worth - so far the results are encouraging.

     

    Why do you call it as a marketing failure? The author has mentioned his personal opinion about the Super Bowl Ad. and everybody has one. I guess you must have watched their Keep Moving Ad. I found it pretty interesting. BTW: I also thought that the Super Bowl Ad. was good and actually mocked the fact that they could hardly do justice to Blackberry Z10's capabilities in those 30 seconds - which I thought was very honest.

     

    Don't under estimate the power of these celebrities to reach out to their base. Obama is a standing example of what grass root movement can achieve.
    16 Feb 2013, 01:05 PM Reply Like
  • Gene Chan, CFA
    , contributor
    Comments (244) | Send Message
     
    BlackBerry's Superbowl commercial was ranked #2 on NFL's website:
    http://on.nfl.com/XaEoOh
    16 Feb 2013, 01:18 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (10542) | Send Message
     
    I know from work that there's great talent in industrial design and visual communication in Canada. Why, then, is Thorsten "Siemens Mobile" Heins not letting it flourish? See what happened at Siemens when he was responsible for their mobile business (Siemens Mobile). It is no more. I'd be frightened with him as CEO.
    16 Feb 2013, 01:19 PM Reply Like
  • WATERLOO JOE
    , contributor
    Comments (396) | Send Message
     
    Go back and reread the article, maybe this time you may understand what is being said,.
    Also when we are told that a certain product can't do certain things we automatically say to ourselves that doesn't matter because it can do most everything else. I.E. Z10
    16 Feb 2013, 01:34 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3084) | Send Message
     
    The author misses that trending mentions of ad impressions on the day of the Super Bowl ad indicated BlackBerry in the top 10 or top 20 of social media mentions, and with a majority having a very favorable view. AdWeek and other advertising metric research companies have this data available. That the author did not like the ad tells us little about the effectiveness, and more about that author. The YouTube version of the ad has over a million views, and about 5 to 1 like to dislike ratio. I will agree that I like the new ads more than the one that ran in the Super Bowl, but that is simply my preference.
    16 Feb 2013, 03:28 PM Reply Like
  • A good year
    , contributor
    Comments (237) | Send Message
     
    System your persistence implies one thing, you are very scared that BB10 will be successful .
    17 Feb 2013, 11:15 PM Reply Like
  • Verces
    , contributor
    Comments (55) | Send Message
     
    I've been using BB10 for almost 3weeks now and since I used it side by side with I phone, I can really tell that BB10 is the next generation mobile device in the industry. Android phone will really looked cheap if you compare it with BB10. I would predict that the first 100k units of this device will unfold to millions of.units in the next 3 months. Goodluck to BlackBerry Team but don't stop from here...we need subsidized useful apps btw...same like what I phone is offering.
    17 Feb 2013, 04:04 AM Reply Like
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