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  • "In five years I don’t think there’ll be a reason to have a tablet anymore." Those comments from Thorsten Heins have set the tech press abuzz. Many note Heins' remarks, which follow past comments about BlackBerry (BBRY +4.3%) taking a cautious approach to tablets, seem strange given the market's staggering growth. But an explanation appears to lie in March remarks from Heins about BlackBerry pursuing "a mobile-computing experience" that allows users "to carry one computing device." Instead of competing in a hotly contested tablet market, BlackBerry seems to be pushing a vision of (BB10) smartphones paired with PC/tablet docking peripherals. Time will tell if they'll be more successful here than Motorola[View news story]
    Stopped at Best Buy in Maine and asked to see new Z10. There wasnt one on display and when I asked about it the sales associate pulled one out of a drawer. The phone didnt have a charge so it wouldn't power up. The funny thing was that the sales associated was in love with the phone and wanted one! I guess BBBY better hope the Verizon promotions get their phones on displays and in front of customers.
    May 1, 2013. 02:32 AM | Likes Like |Link to Comment
  • A Time Bomb In The Canadian Financials [View article]
    Most Canadians don't invest in real estate and don't take out risky mortgages on their personal residences. Having said that, Vancouver is not a typical Canadian market and is influenced by foreign, principally Chinese, investment. I'm sure that the Vancouverites, in search of home ownership, might be tempted to use interest only mortgage tactics if offered this option. I'm not sure which financial institutions are offering this vehicle to their customers, certainly my bank wouldn't offer to lend me more than 80% of the value of my home when I took out an LOC and then they insisted I repay this loan on the same terms as a standard mortgage. I believe this conservative attitude is typical of the 5 major Canadian banks. If one wants to identify a potential property bubble in the Canadian market look to the condo market, traditionally a vehicle for property investment with mortgages funded by rental income, which has historically collapsed much earlier and much deeper than the residential property market.
    Apr 3, 2013. 03:00 PM | 2 Likes Like |Link to Comment