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2013 "production expectations" for the Z10 (BBRY -1.2%) have been trimmed by 4M-6M units,...

2013 "production expectations" for the Z10 (BBRY -1.2%) have been trimmed by 4M-6M units, believes Wedge Partners' Brian Blair, who has been bearish on BlackBerry for years. He adds U.S. Z10 launches " have provided no evidence of meaningful sell-through," and is forecasting <10M 2013 BB10 shipments vs. Street estimates of 20M+. Meanwhile, Pac Crest's James Faucette (previous) believes U.S., U.K., and Canadian Z10 inventories are too high, and that production cuts are a matter of time. Also: BlackBerry says the Q10 is expected to sell for a subsidized $249 in the U.S., $50 more than the 16GB iPhone 5.
Comments (59)
  • georgphe
    , contributor
    Comments (7) | Send Message
     
    pretty smart to sell the q10 for a premium . . .
    lets have a look how many people are paying that premium - wouldn't wonder there are still a lot of those people out there ;)

     

    this lets BB make more money
    25 Apr 2013, 02:00 PM Reply Like
  • Mondego
    , contributor
    Comments (419) | Send Message
     
    Paying a premium for a smartphone may revitalize the whole status-conscious mentality phone users used to carry. I especially associate Blackberries with busy, "important" efficent, professional types. It may make touch-screens "bourgeois" since just about every smart phone is a touch-only device.

     

    Plus you can:
    Tweet super-fast
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    Type a SeekingAlpha article super-fast

     

    I think young socialites will find this phone especially welcoming.
    We live in a speedy world. I think a lot of people are completely missing the big picture with the Q10. BB died off not because of their hardware. They died off because of their complete disconnect (arrogance?) with the consumer mobile experience (apps, apps, apps!) and their OS. With this new efficient, fast and sleak OS (not to mentioned stream-lined and consistent across platforms) I think we will see a major BlackBerry user-base revitalization. BlackBerry is not going anywhere anytime soon. Give the Ecosystem some time.
    26 Apr 2013, 02:37 PM Reply Like
  • Mondego
    , contributor
    Comments (419) | Send Message
     
    Yeah perfect timing isn't it? of course it's by someone who is "bearish on BlackBerry for years"

     

    They "believe" inventories are too high...what does that mean exactly? compared to what? What do they "believe" the inventories should be? Bunch of weathermen.
    25 Apr 2013, 02:02 PM Reply Like
  • WATERLOO JOE
    , contributor
    Comments (396) | Send Message
     
    Here goes Pac -Crest again these people must believe in themselves as i never came across anyone that agrees with their rhetoric.
    Mr Faucette can believe what ever he wants but one thing is for sure and that is there are a lot of Smart dollars that were used by Brilliant men &women who have put their money on the line not idle chatter.
    As for The Q10 selling for $50 dollars more is it not the norm to pay a premium price for a PREMIUM product ,i always have and always will.So will the masses of Smart -- smartphone buyers
    25 Apr 2013, 02:05 PM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Just the kind of crap we expect when BBRY rises more than 4-5%. Use this as another chance to pick up one of the year,s best tech. stocks!!!
    25 Apr 2013, 02:08 PM Reply Like
  • jbde
    , contributor
    Comments (665) | Send Message
     
    So what if Z10 inventories are growing - why not?
    When many try the Q10 they may in fact decide to buy the Z10.

     

    I see this as prudent planning by the company.
    Having inventory available for sale is key - that closes a sale!
    25 Apr 2013, 02:10 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    "Believes" can now be passed on as fact? Why didn't they just "Believe" BlackBerry is issuing a recall on all Z10 units because their stock price is too high?

     

    Explains the sudden dip in price today. Some people are so stupid.

     

    Along with Pack Crest, they forgot to mention Fenton whatstheirname.
    25 Apr 2013, 02:10 PM Reply Like
  • DIgitalMediaView
    , contributor
    Comments (668) | Send Message
     
    Usual suspect suspects. One of the themes of both assessments, reading through details, is that the positive impact of the Q10 may have negative impact on Z10 sell-through. Looks like this will be a theme of bear talking points: Q10 good = Z10 bad.

     

    Wasn’t Pac Crest’s Faucette the guy who forecast ~300k Z10 sales for last quarter, 70% below actual sales? (http://on.barrons.com/...)

     

    And even Faucette acknowledges that Q10 sales will likely provide a major catalyst: “We believe that channel fill of the soon-to-be-launched BlackBerry Q10 should provide some support to BBRY at least in the very near term. We believe there is likely some pent-up demand for the more traditional QWERTY form-factor Q10 and expect that any headlines surrounding its initial sales are likely to be positive, which could catalyze the stock higher.”
    25 Apr 2013, 02:15 PM Reply Like
  • Khyber Pass
    , contributor
    Comments (219) | Send Message
     
    "catalyze the stock higher."
    What, pray tell, does that mean?
    Glad I have the nerve to hold on while these 'analysts' read their tea leaves and believe the headlines could "..catalyze the stock higher."
    Glad i don't run on what the 'headlines' say.
    25 Apr 2013, 09:38 PM Reply Like
  • marktuthdr2
    , contributor
    Comments (45) | Send Message
     
    I think "catalyze" is something Archie Bunker said in one episode when the fam was talking about the stock market. :)
    25 Apr 2013, 10:59 PM Reply Like
  • cfezziwig
    , contributor
    Comments (437) | Send Message
     
    Can Pacific Crest analysts James Faucette provide the details of his analysis? Or will he pull a Detwiler Fenton, making outrageous claims and refusing to provide any data to support their claims?

     

    Why do journalist copy, paste and publish these obviously bogus analysis without questioning their methods and motives? Are these same journalists incompetent or 'in on it'?

     

    ...so soon after the Detwiler Fenton report..these 'analysts' sure are brazen, can't blame them seeing as the media keep printing their deceitful pieces.
    25 Apr 2013, 02:15 PM Reply Like
  • kent_spel
    , contributor
    Comments (28) | Send Message
     
    I can't believe faucette still has a job.
    25 Apr 2013, 02:17 PM Reply Like
  • Loon-a-tick
    , contributor
    Comments (1429) | Send Message
     
    So i'm paranoid... but it looks to me that they organized this release with a big sell order and it has caused quite a drop at least on the TSX.
    Among the little retail people , Prem / Fairfax, and the shorts we have the uncommitted institutions who try to shake the tree and get us to sell when they sell and buy when they buy.
    25 Apr 2013, 02:21 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5368) | Send Message
     
    "2013 "production expectations" for the Z10 (BBRY -1.2%) have been trimmed by 4M-6M units, believes Wedge Partners' Brian Blair, who has been bearish on BlackBerry for years."

     

    1) He has been a bear and probably always will be.
    2) So he "believes" that production expectations have been trimmed. And I believe pigs can fly.
    25 Apr 2013, 02:27 PM Reply Like
  • chabs75
    , contributor
    Comments (2) | Send Message
     
    I'm all for hearing a factual perspective from bears but this is ridiculous. I can't believe these guys can just through around random numbers and not be called out on it even when it's obvious that their methodology is bogus. I'm guess Blair did a poll of 20 American apple users and extrapolated to reach his 4-6M figure. What a crock!
    25 Apr 2013, 02:41 PM Reply Like
  • Khyber Pass
    , contributor
    Comments (219) | Send Message
     
    Good'un, Michael.
    25 Apr 2013, 09:39 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    Good news, my checks over the last 15min show BlackBerry share are in thé green again. Get ready for a flurry of more made up news articles.
    25 Apr 2013, 02:40 PM Reply Like
  • Ziffster
    , contributor
    Comments (337) | Send Message
     
    Similar to the DF report last week another Analyst with unsubstantiated claims bringing on the Doom and Gloom as soon as the stock gains any upward momentum. Wasn't it just last week that we had reports naming actual sources stating that actual production was on the increase?

     

    What company would boost production unless they found previous production levels weren't meeting demand for their product?

     

    With Skype, the first (and in my opinion the most significant) of the key missing application launching along side the Q10. and with a number of other key upward drivers over the next week expect additional unsubstantiated negative press attempting to stave off a short squeeze.

     

    * Q10 Launch in UK

     

    * US Department of Defense probable endorsement of BES10

     

    * Q10 Launch in Canada

     

    At least the writer pointed out that this announcement was made by a known Bear.

     

    BTW in Ontario Bear Hunting Season opens in August. Sounds about right to me - right around when BBRY releases their 2nd quarter report.
    25 Apr 2013, 02:42 PM Reply Like
  • riyajain2727@gmail.com
    , contributor
    Comments (122) | Send Message
     
    We don't know if us DoD will adopt bb10 or not.. hope they do but if they don't..stock can get killed
    25 Apr 2013, 08:42 PM Reply Like
  • Ziffster
    , contributor
    Comments (337) | Send Message
     
    Completely agree - should have said potential short term drivers.

     

    That said, considering the problems that Samsung is having with their security platform (latest news I've seen suggests it had fallen at least 2 months behind and they have yet to actually demonstrate anything publically) which from what I have read will only support Samsung products, in light of the DoD stated direction to move to a multiplatform environment (i.e. Blackberry, Apple and Android) the only product close to market is BES10.

     

    But with that said, with how the DoD likes to throw money at things rather than backing proven solutions it is far from guaranteed that they will do the 'smart' thing.
    29 Apr 2013, 11:04 AM Reply Like
  • DF33
    , contributor
    Comments (111) | Send Message
     
    I agree with you loon... the stock is making a come back now...

     

    We have to expect more of this...
    25 Apr 2013, 02:43 PM Reply Like
  • ELLAS
    , contributor
    Comments (1489) | Send Message
     
    Can't wait until BlackBerry beats the street once again.
    25 Apr 2013, 02:45 PM Reply Like
  • StAlbertFranko
    , contributor
    Comments (32) | Send Message
     
    After watching the dip in the stock price it was only a matter of time before the catalyst became apparent. Once again a purported "expert" has published factual information (believes) regarding the sales volumes and yearly sales volumes. Additionally, this "expert" is a recognized bear who cites other "experts" that are very good at their job of providing financial advice for investors. If I performed at their level of competence in my job I would be living on the street.

     

    It is amazing that individuals can write these articles with no factual information and have this effect on the market. All I can say is that I am glad that I manage my own investments and do not pay exorbitant fees to these talking heads.
    25 Apr 2013, 02:46 PM Reply Like
  • Doug12234
    , contributor
    Comments (10) | Send Message
     
    Misek visited the productions facilities, and he has the opposite view - production ramping up. These guys 'feel', 'beleive' and 'anticipate' - never set a foot outside their offices - who do you think is more credible? Look up Misek's report.
    25 Apr 2013, 02:49 PM Reply Like
  • rocketship9
    , contributor
    Comments (103) | Send Message
     
    I just read the Misek report. Interesting...he notes "anecdotely" that return rates were normal and that the only reasons for the actual returns were that people thought the Z10 had a keyboard. Are these the super intelligent business people (often mentioned in these threads) that only buy Blackberry?
    25 Apr 2013, 08:22 PM Reply Like
  • MoV1
    , contributor
    Comments (96) | Send Message
     
    yeah rocket its their secretarys (most likely iphone users because no one cares if information from their phone is hacked) that ordered the wrong phone for their bosses
    26 Apr 2013, 08:03 AM Reply Like
  • Mr. Knowitall
    , contributor
    Comments (7423) | Send Message
     
    MoV1,

     

    Who in the world lets their secretary go out and buy a phone for them sight-unseen?
    28 May 2013, 07:45 PM Reply Like
  • grumbles
    , contributor
    Comments (91) | Send Message
     
    Dont sell your shares when you get any news reports from those two hacks. they have no credibility whatsoever. Expect more from mkm partners and canacord soon.
    25 Apr 2013, 03:01 PM Reply Like
  • rim1
    , contributor
    Comments (13) | Send Message
     
    25 Apr 2013 at 02:07 PM EST

     

    Account #: xxxxxx - Margin Account -
    Action: Sell
    # of Shares: 3900
    Symbol: BB
    Description: ***RESEARCH IN MOTION LTD
    Market: CDN
    Price: Limit 30
    Good Through: May 17 2013
    Special Instructions: Any Part
    Pay To: Put Cash in Direct Investing Account
    Contact Phone: xxxxxxx
    Estimated Commission: 9.95
    Estimated Cost / Proceeds of Transaction: 116,990.05
    ----------------------...
    I put in a sell order for some of my shares for $30.00
    Heard the shorts cant use them now.
    And if I get $30.00 thats ok he he

     

    25 Apr 2013, 03:12 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    Listed my shares at $50, good to closed.
    25 Apr 2013, 03:56 PM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    Another article about "i think it might be"... the time for bears on BlackBerry stock is over, but they don't have realized it yet :-) Let's wait for the hard facts!
    25 Apr 2013, 03:16 PM Reply Like
  • jaberwock
    , contributor
    Comments (242) | Send Message
     
    These reports always seem to be published on a Thursday around mid-day. They drive down the stock price before the expiry of options on Friday. Thousands of $15 call options just moved out of the money, and the put options move into the money.
    The stock is being manipulated, but the players are trading the options
    25 Apr 2013, 03:28 PM Reply Like
  • rascallion
    , contributor
    Comments (28) | Send Message
     
    Bingo!...you hit the nail on the head...look for more of the same tomorrow...every Friday for the last 6 weeks, the stock has been moved down for options expiry.
    25 Apr 2013, 04:30 PM Reply Like
  • Smilinjax
    , contributor
    Comments (178) | Send Message
     
    MORE GARBAGE back up!!

     

    BEEP BEEP BEEP BEEP ...to the dumpster

     

    seeking alpha gives these I.di.ots a voice
    25 Apr 2013, 04:08 PM Reply Like
  • cn_habs
    , contributor
    Comments (211) | Send Message
     
    How is such pure BS speculation/manipulation even allowed to happen in the first place? There's no accountability whatsoever on Wall Street.
    25 Apr 2013, 04:19 PM Reply Like
  • Alpha Crazy
    , contributor
    Comments (378) | Send Message
     
    Crony capitalism my friend. Lawmakers and regulators have been bought and sold many times over.
    25 Apr 2013, 05:25 PM Reply Like
  • Verces
    , contributor
    Comments (55) | Send Message
     
    I have visited Wedge Partners website. This company is being headed by former APPL salesman. It's an 8 man team company who has the guts to bash a billion dollar company who employs thousand of people around the globe. A company whom have no respect for others, how can they get their clienteles and tell that they can help them manage their wealth. The website is lacklustre and cheaply created but yet bloomberg agrees to post and disseminate their info of no merits. I sent an email to Brian Blair asking for his source on information and as usual no answers.

     

    Folks, just dont forget, put out your position for sale at a higher price - so that it cannot be lent to shorts since it is not in the inventory.
    25 Apr 2013, 04:27 PM Reply Like
  • JimmyGray
    , contributor
    Comments (6) | Send Message
     
    I also put all of my shares for sale but at $40. Let's squeeze the shorts...
    25 Apr 2013, 04:38 PM Reply Like
  • gchaput
    , contributor
    Comments (114) | Send Message
     
    Story says:
    Wedge Partners' Brian Blair "believes" ...
    Meanwhile, Pac Crest's James Faucette "believes"...
    So many people "believe" things but have no knowledge from BBRY whether their beliefs are true or false.
    25 Apr 2013, 05:05 PM Reply Like
  • gchaput
    , contributor
    Comments (114) | Send Message
     
    I have also put my shares up for sale so the shorts cannot borrow them.
    25 Apr 2013, 05:06 PM Reply Like
  • mcmurrayman16
    , contributor
    Comments (4) | Send Message
     
    We have had a rise in share price the last three or four days without much negative articles. Shorts are getting nervous and are posting bogus claims now. Just like DEMWITLER.... Q10 well be huge, and they know this and are trying to knock price down now to cover before Q10 actually hits the market...

     

    Stay long my friends, stay long.
    25 Apr 2013, 05:07 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    Yeah, I had noticed an approx rise of $0.30 cents a day for nearly a week without a peep from the shorts. I thought BlackBerry dropping the hammer on that backwater analyst firm may have scared the others from spewing random beliefs etc etc. I was wrong there. I guess when someone is desperate, they'll try anything while their hearts are still beating (a mile a minute no doubt).
    25 Apr 2013, 06:47 PM Reply Like
  • WATERLOO JOE
    , contributor
    Comments (396) | Send Message
     
    Michael Oliveira Wed Apr 24 2013 17:09:00 3 Comments
    5 Recommend
    BlackBerry says it’s innovating faster than Apple, Google

     

    The BlackBerry Q10 smartphone with a keyboard will arrive in Canadian stores on May 1.
    Graeme Roy/The Canadian Press
    TORONTO — BlackBerry is confident that it’s innovating faster than its rivals and will convince skeptical mobile customers to return to the once dominant brand, a company executive said in an interview Wednesday.

     

    It’s perhaps not surprising that Sebastien Marineau-Mes, BlackBerry’s senior vice-president of software, would be feeling optimistic.

     

    Technology blogs and newspapers released the first wave of reviews for BlackBerry’s forthcoming keyboard-equipped Q10 smartphone late Tuesday night and most were positive. The phone, due out May 1 in Canada, likely won’t sway buyers who have no interest in a keyboard, but reviewers noted that the still-significant contingent of BlackBerry lovers will be very happy with the Q10.

     

    Meanwhile, newly released reviews for Samsung’s new flagship device, the Galaxy S4, were lukewarm. And on Tuesday, Apple hinted that it may not release a new version of its iPhone until the fall, opening a window of opportunity for BlackBerry to woo consumers with its Q10 and touchscreen Z10.

     

    Marineau-Mes said the new BlackBerry 10 operating system will feel unique and fresh to users who might be finding that the once break-neck pace of innovation in the mobile space seems to be slowing.

     

    “Apple’s iOS and Android have been in the market for a number of years and their velocity and the pace of their innovation is slowing down, whereas we get to come to market with a whole new operating system that re-imagines the mobile experience, so it’s a great opportunity for us,” said Marineau-Mes.

     

    Despite the Q10’s mostly positive reviews, many harped on the meagre selection of apps available on the BlackBerry platform. Marineau-Mes insisted that problem would be temporary.

     

    “I think if you look at the app selection it’s been growing very rapidly. I think people forget that we’ve grown 30,000 or 40,000 apps since the launch of Z10 (earlier this year), we’re at well over 100,000 apps and it’s continuing to accelerate. So it’s just a matter of time before we get all of the apps people are looking for,” he said.

     

    Marineau-Mes notes that Skype is coming to the Q10 and other apps are coming in the next few weeks.

     

    He also hinted that BlackBerry will soon be pushing new ways to integrate its mobile operating system with other devices. BlackBerry 10 is based on software from the Ottawa-based company QNX, which BlackBerry owns. QNX has developed software for a wide range of technologies and industries — including operating systems for automobiles, nuclear power plants and HVAC systems — and BlackBerry is looking to exploit that expertise to further develop the concept of mobile connectivity.

     

    Marineau-Mes said BlackBerry 10 is going to power the devices but it has a broad future beyond just handsets.

     

    “It would be getting in your car and your calendar knows where you’re going and it can automatically program your car, your GPS system, get you to your destination, get traffic information. If you’re going to be late for a meeting you can automatically tell (your colleagues) as you’re on your way,” he said, adding that the company envisions the technology being non-proprietary, so it could tie in with devices made by other companies.

     

    Marineau-Mes said this vision of the future isn’t that far off. He points out that the technology is available now, and that it’s really a matter of integration and standardization across devices.

     

    “You’re going to see some things from us in the fall or early in 2014, and I think you’re going to see some actual real world examples of this in different markets that will be commercialized in the next six months to a year or two.”

     

    The Canadian Press
    25 Apr 2013, 06:22 PM Reply Like
  • WATERLOO JOE
    , contributor
    Comments (396) | Send Message
     
    And you can take that info above to the Bank and further more you have seen Nothing yet.
    With the Mega dollars that are pouring into Quantum City Waterloo funded mostly thru Blackberry Founders you will see a crop of Berry's like you couldn't dream of in a hundred years . We are On the Cusp !!!!
    25 Apr 2013, 06:30 PM Reply Like
  • WATERLOO JOE
    , contributor
    Comments (396) | Send Message
     
    Mr Faucette i believe is running for President said Fenton or was it Detwillwer or who said that Wait i believe it was what's his name.

     

    You know the one that can see air and hear noise that never existed.
    25 Apr 2013, 07:23 PM Reply Like
  • riyajain2727@gmail.com
    , contributor
    Comments (122) | Send Message
     
    Just ignore in the long run the facts will prevail.. don't try to predict short covering.. its going to be very hard
    25 Apr 2013, 08:44 PM Reply Like
  • gladtidings
    , contributor
    Comments (160) | Send Message
     
    @RIM1. It is a fallacy that your margin shares cannot be used by your bank to lend out to shorters. All shares under margin accounts are open to lending. Only shares bought under Cash Account are not permitted for lending. So even if you put out a sale order for $30 each, you are no better than before. In short, the only way to beat the shorters at their dirty game in the case of BB is to buy all your shares under Cash Account, and remove all your stops. When the supply of BB shares are curtailed, shorters have less shares to play with. IIROC in Canada do not permit banks and brokers to lend our shares held in Cash Account by their investors. Period. If they do so, they are flaunting the law.
    25 Apr 2013, 09:20 PM Reply Like
  • rim1
    , contributor
    Comments (13) | Send Message
     
    @gladtidings

     

    I spoke to Ash at RBC just now.
    Ash ....We can Not loan out your shares ! As you have paid for your shares in cash!
    (He checked with his supervisor!)
    29 May 2013, 12:31 PM Reply Like
  • rim1
    , contributor
    Comments (13) | Send Message
     
    Btw increased holding to 6k BB
    29 May 2013, 12:31 PM Reply Like
  • Alphabetsy
    , contributor
    Comments (92) | Send Message
     
    How does one define "meaningful sell through" vis-a-vis multiple units of competitors and at what turnover rate and relative gross margin at unit level ?

     

    How are shipments which may include pipeline increases, by many skus compared to this single solitary one provide any meaning whatsoever regarding sell through?

     

    If one believes inventories are too high, what is the targeted turnover rate relative to this soft promotional launch?
    Where are the references to comparatives of similar actions
    showing this and how its effects inventory levels ?

     

    Where is the evidence of exact future promotional activity and its effect on inventory? Does anyone know what promotions will even be contemplated let alone their effect on inventory levels?

     

    Show me the proof !
    Only excess inventory I see is $2.65 Billion cash $BBRY holds.
    (Ref. yahoo.com $BBRY Key Statistics)

     

    I wonder what that can buy.

     

    25 Apr 2013, 10:44 PM Reply Like
  • 4121
    , contributor
    Comments (241) | Send Message
     
    Isn't Faucette the guy who said sales units last quarter would be 300K? If blog writers would just summarize how recent predictions from people like Faucette have worked out, they would be less willing to issue STILL ANOTHER false report, although this one was a bit crafty in the sense that it did not give numbers and nobody can later say that there was not a temporary blig in inventories. These short guys are very slick and thus tough to pin down.
    26 Apr 2013, 12:54 AM Reply Like
  • Yasch22
    , contributor
    Comments (278) | Send Message
     
    Excellent points, 4121. Faucette was also the guy who said Nokia would sell 500K Lumias in Q4/12, when the numbers turned out to be 4.4 million. Brian Blair last October said that Apple was a Buy at $640, and so were all of the suppliers to Apple. At the time, BlackBerry (RIM) was under $10, and Blair put a big Sell on the company. A fella can lose a LOT of money listening to the likes of Faucette and Blair.
    26 Apr 2013, 03:50 AM Reply Like
  • mvvh69
    , contributor
    Comments (33) | Send Message
     
    If they cry "wolf" every time the shorts are getting squeezed one day no will believe these clowns. I "believe" these analysts are bought and paid for. absolutely no integrity.
    26 Apr 2013, 01:04 AM Reply Like
  • jaggpaul
    , contributor
    Comments (11) | Send Message
     
    Here is the truth ::: Give it a read better then News Item
    So, Mr James Faucette! Oh well… The man who:
    - On Sep 10, 2012 he “believed”: “We believe it is wishful thinking by carriers to expect ecosystems other than established ones to gain meaningful prosperity. RIM cannot compete on cost, it cannot compete on user experience, it does not have the range of devices offered on other ecosystems, it cannot compete on content and to date it has not been able to compete on development talent” http://bit.ly/Y77Ny9
    - On Nov 7, 2012 he “believed”: “We believe BB10 is likely to be DOA” http://bloom.bg/Y76FKV
    - On Feb 20, 2013 he “believed” : “We believe the Street has gotten ahead of the potential reality for BB10 shipments. There is no line of sight to profitability; we remain sellers of BBRY.” And he “estimated” Z10 shipments in the quarter are tracking to 275,000 to 325,000 units.http://onforb.es/Y76YFI
    - On Mar 5, 2013 he “believed”: “We believe carriers and third-party retailers in the U.K. are already well above typically targeted inventory levels” http://onforb.es/Y77AuU
    - On Mar 12, 2013 he was quick to notice that Blackberry (the very same DOA Blackberry) “would be too expensive for Lenovo”
    - On Apr 11 he was sure though: “Even if the Z10 were able to maintain its current sell-through run rate based on our initial checks, it would still amount to less than 1 million units per month. At that rate, It would be very difficult for BlackBerry to return to long-term profit growth.”
    Well, he may be a man of belief, but certainly should not be believed. Quite a record right?
    26 Apr 2013, 07:39 AM Reply Like
  • allstar0088
    , contributor
    Comments (312) | Send Message
     
    @jaggpaul - Excellent recap.
    26 Apr 2013, 01:54 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3079) | Send Message
     
    It appears that blind squirrel has yet to find a nut. I wonder what options positions his firm is holding currently. Would be great to see a 13F on these analysts.
    26 Apr 2013, 03:52 PM Reply Like
  • WATERLOO JOE
    , contributor
    Comments (396) | Send Message
     
    Insight on Blackberry founders quest that will benefit his Baby thru Quantum , this is where we are heading

     

    http://bit.ly/ZV3dgP
    27 Apr 2013, 09:42 AM Reply Like
  • Deja Vu
    , contributor
    Comments (1155) | Send Message
     
    I think I'll write to BBRY investor relations asking if they have paid any PR firm to post on websites, posing as users. If any of these postings regarding BBRY's financial prospects have been directly or indirectly been paid for by BBRY, then I'll enquire why they haven't been qualified by a safe harbor statement.
    29 Apr 2013, 10:21 AM Reply Like
  • customize
    , contributor
    Comments (87) | Send Message
     
    The Q10 and BES10 will be worth every penny when China and others and the likes of N. Korea finish with their cyber attacks on private and governmental bureaucracies
    7 May 2013, 06:50 PM Reply Like
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