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  • BlackBerry: Why Share Buybacks Aren't A Good Idea Right Now  [View article]

    1. This is cross-licensing
    "Cross-licensing is an effective way for technology companies to assure freedom of operation and help remove concerns about patent litigation," said Dan Lang, vice president of Intellectual Property for Cisco, in a statement.
    Thus, so long it lasts it's recurring "negative expenses" (they don't have to spend to use Cisco's patents), so to say.

    2. This is very likely a mix of one time fee and recurring fees, but that's just me reading between the lines.
    Oct 7, 2015. 09:46 AM | Likes Like |Link to Comment
  • Where Did BlackBerry's 44,000 Patents Come From?  [View article]
    I cannot even believe there's still a subject here after so many comments (sourced) explained that Chen mentionned the *WORLDWIDE PATENTS* number wich is, undoubtfully in the 44K+ area.

    After that, you guys will give lessons about integrity and fair reporting while building fluke in the comments?

    Sep 23, 2015. 10:54 AM | 1 Like Like |Link to Comment
  • Where Did BlackBerry's 44,000 Patents Come From?  [View article]
    No way it is 44K US patents (J. Chen didn't say that either).
    Last figure (Jan. 2015) I could find for US patents alone is :
    "We took a close look at BlackBerry’s current US portfolio, which contains 7,266 active patents"

    What is noticeable is that they've been on a very high pace since 2012, faster than Apple and Google and didn't wait lasts Q to proceed :

    "Between 2012 and to-date in 2013, BlackBerry filed 1,426 US patent applications. Its filing rate is comparable to Ericsson, with 1,429 filings, and slightly below Microsoft’s 1,527 filings during the same time period. Interestingly, BlackBerry’s patent application filings surpass both Apple and Google, which have large patent portfolios that dwarf BlackBerry’s, and which have a more diversified business than BlackBerry."

    "In stark contrast, companies such as Alcatel-Lucent and Hewlett-Packard, which have comparatively large US patent portfolios (~16,000 and ~24,000 US patents, respectively), filed only a fraction of the US patent applications in 2012 and 2013 that BlackBerry did."
    Source :

    Then, you may find explanations here, both on the volume and valuation one may want to set :
    "The company has a combination of older patents on the basic functioning of a mobile phone, as well as newer ones on security and on consumer-friendly features such as predictive typing on a keyboard or setting up meeting schedules.
    That’s a treasure trove for any potential buyer because security is becoming more important to companies that are trying to avoid the type of hacking that struck Sony Corp. last year, in which numerous e-mails and personal information of employees were disclosed. Many of BlackBerry’s patents underlie the fast-growing mobile industry, where lawsuits over basic technologies have been abundant. "

    Finally, if I refer to the date of the article, it appears Mister Chen did not throw this 44K figure "out of the hat" but is based on previous observations made in January 2015.
    "BlackBerry has about 44,000 patents worldwide, said Desmond Lau, an analyst at Toronto-based Veritas Investment Research Corp., with any buyer likely to be most interested in the ones related to security technologies. "
    Source :

    Bottom line : I'm curious why the angle of this article leads to "Patents valuation" (as if they were kind to sell them) while I personally believe they're going to license (rent) them. Isn't that what you imply when you state you'll make revenues ?
    Sep 21, 2015. 12:38 PM | 1 Like Like |Link to Comment
  • BlackBerry Has Found The Floor With Venice  [View article]
    nope. BB10 gestures "flow" will have to be abandoned.
    Jul 6, 2015. 01:12 PM | 4 Likes Like |Link to Comment
  • BlackBerry Has Found The Floor With Venice  [View article]
    STOP !
    I strongly suggest readers to consider the "Since Venice will run Android" sentence as a fantasy. Images are mockups and there's nothing factual behind this.
    Taking this as a fact is just ... well, enough said.
    Just list all the "experts" that will tell you it's happening (and those, like me, stating the opposite) and you'll have a better source for verified info later this year.

    And sorry OP, this is enough to stop my reading.
    Jul 6, 2015. 01:09 PM | 7 Likes Like |Link to Comment
  • What's The Story With BlackBerry's Licensing Revenue?  [View article]
    Tea leaves support is in the $8.20s
    JMHO for 2 cents a dozen.
    Jun 30, 2015. 08:53 AM | Likes Like |Link to Comment
  • What's The Story With BlackBerry's Licensing Revenue?  [View article]
    Tells me that they built an entire division back in June last year and this is a very nice and noticeable achievement. More can/will/should (make your choice) come next Qs and moreover, this has been set with as a part of a bigger plan, otherwise there's no reason to split it apart.
    FY2015 Q4 IS $mil. 67 plus $mil. 7 for services, added here later for whatever reason.

    So, the conclusion of the article should be :
    "Management confirmed to a number of sell-side analysts that core software was in the "mid-to-high" $60 million range [so, let's presume we're in the $ 66 mil. range]. Compared to $ 67 mil. last quarter it denotes at least a stagnation below what some have expected"
    That's it.

    And you know very well how to flood around this to drown this objection, including injecting irrelevant statements like "patent troll", just for the sake of blackening the page.

    A "patent troll" is someone who buys or file patents that he's not using with the perspective of legal actions (most will fail) and claim undue compensations. Where on earth is that close to BlackBerry patent portfolio ? Nowhere. But maybe you live on mars.
    Jun 30, 2015. 08:50 AM | 1 Like Like |Link to Comment
  • What's The Story With BlackBerry's Licensing Revenue?  [View article]
    At this point my question is
    What on earth are you doing day and night on a topic/stock which case is settled, done, finished, ruined and even worse by any word you write ?
    Now you're out of argument (re: FY2015 Q4 software revs), you're calling BlackBerry patent troll ? Do you have a slight idea of what a patent troll is ?

    I believe SA should add an "Ignore" feature to their pages.
    Jun 29, 2015. 01:27 PM | 2 Likes Like |Link to Comment
  • What's The Story With BlackBerry's Licensing Revenue?  [View article]
    oh. So 67+7 makes the 74. Thanks.
    Jun 29, 2015. 01:16 PM | 1 Like Like |Link to Comment
  • What's The Story With BlackBerry's Licensing Revenue?  [View article]
    (very humble on this request, just to learn)
    If I refer to this : I only can isolate (line 3, col 9) a $mil 67 as for FY2015 Q4 software revenue.
    Did I miss something ?
    Thank you in advance and sorry if irrelevant (probably).
    Jun 29, 2015. 01:15 PM | Likes Like |Link to Comment
  • What's The Story With BlackBerry's Licensing Revenue?  [View article]
    So, basically, they've decided last June to set the focus on their "technological assets" by setting up a new department for renting patents (and track those currently used w/o permission), successfully grabbed an unknown but substantial pile of $ but ...

    *** magic ***

    It worth nothing. No-no, it's even bad.

    Nothing on the positive stream for revenues (even if Cisco deal is 'one shot' - let me doubt about it - they're certainly not alone on earth) and all implications regarding brand perception (who will pay a dying cat ?).

    Nothing (except Scottia Bank) on the IP/Patent portfolio valuation, barely valued at X10 this single quarter achievement alone.

    Instead, there's a nitpicking contest to gain the prize of "who will find this Q2Q 0.2% offset, if any".

    Really, I'm not that blind I cannot see times are not in celebration.
    Still, I cannot refrain from being puzzled.
    That's software, that's sales with probably much higher margins and profitability than anything currently in BlackBerry's hands and even so, most I read only explains it's baaaad.

    Sorry, but that's brand image damaging, or at least one-way perception.
    Whether it's orchestrated or simply the result of the past performance remains a question. Well, only to be politically correct, if you ask me.

    I'll suggest some reading to those interested :
    Jun 29, 2015. 01:01 PM | 2 Likes Like |Link to Comment
  • BlackBerry: No Reason To Buy The Stock Yet  [View article]
    [Please note most below is pure speculation of my own, take it or leave it]
    @Bob re: "Chen can never say more"

    BlackBerry and Cisco are partnering to deploy a healthcare oriented solution, namely the IohT (internet of health things). So you have a software and infrastructure provider, a [network] hardware manufacturer ... well, I wonder if the third wouldn't be a carrier ... which of course can't be disclosed, as it will announce deeper relations in the near future. Ok you would like a random name ? haha ;-) do your homework.
    Jun 29, 2015. 05:22 AM | 4 Likes Like |Link to Comment
  • BlackBerry: Ask Yourself 2 Questions  [View article]
    Where are these facts linked to the future ?
    They're linked wit commercial performance and competition analysis.
    Sure, it's not a standard metric that - most of the times - cannot fit for a turnaround, as bets have to be made on the long term and do not fit day trading.
    You know, I get very well what many say here: "you'd better trade another, safer stock, you'll probably make more money". I get that 100%.
    That's just not my profile, nor am I in the 3 categories OP described.

    Since I invested in BBRY, I also took the time to study a bit in that area and set a small portfolio of various types of stocks and funds, with some mid-term profitability in sight (current global perf > 10%. Not that bad for a total rookie, I'd guess).

    But what I really don't get is why on hearth I have to read trillions of "DO NOT" flaming comments about this stock. What do these contributors have to gain from there is above me ... oh. I'm a rookie. And I don't understand. Maybe, finally, the "sharks" are angels and only do that to help stupid guys like me? I'm a rookie. But I'm 50. Let me please doubt about that ;-)

    Edit : I've just figured out you were probably only talking about BES Cloud. So yes, we have to wait September to better know about it.
    As a user (+ setting up a business based on BES/BES Cloud right now) I'd just say that it will address a target where those two competitors have their hardcore consumers. And managed "pay as you use it" BES12 will seduce many. You just have to make the calculations; it's damm sexy.
    Jun 26, 2015. 12:18 PM | 1 Like Like |Link to Comment
  • BlackBerry: Avoid The Treadmill  [View article]
    Isn't that what they can use for external growth ?
    I mean, once bundled, what will be the added value of Movitru, Secusmart, WatchDox alltogether ? Only the sum of their current sales ?
    That's not what I've learned (a long time ago) at school.

    Also, we have to bring back the IP valuation, as an asset and as a revenue steam. Cisco deal is interesting for both. Scottia bank evaluates $2B. for their patent portfolio (IEEE rank BlackBerry #6 in its segment).
    Some updates in the matter should be considered by analysts. They probably don't even look in that direction...
    Jun 25, 2015. 12:19 PM | 4 Likes Like |Link to Comment
  • BlackBerry: Ask Yourself 2 Questions  [View article]
    Michael, please see below about BES performance.
    Jun 25, 2015. 12:07 PM | Likes Like |Link to Comment