On a day when AT&T has begun selling the BlackBerry Z10 (BBRY +0.6%), Deutsche's Brian Modoff is raising fresh concerns (previous) about U.K./Canada sales. "Over the past week two carriers in Canada have cut prices on the Z10, suggesting to us lessened demand and possible margin pressure ahead." Modoff says his team contacted 60 stores in its latest round of checks, and failed to find a sellout. Thursday's FQ4 report should provide some color on early sales. (Detwiler Fenton) (Morgan Stanley) [View news story]
Bell Mobility as well.
Likely in reflection of the Galaxy3 being offered for free
On a day when AT&T has begun selling the BlackBerry Z10 (BBRY +0.6%), Deutsche's Brian Modoff is raising fresh concerns (previous) about U.K./Canada sales. "Over the past week two carriers in Canada have cut prices on the Z10, suggesting to us lessened demand and possible margin pressure ahead." Modoff says his team contacted 60 stores in its latest round of checks, and failed to find a sellout. Thursday's FQ4 report should provide some color on early sales. (Detwiler Fenton) (Morgan Stanley) [View news story]
Z10 will likely be mixed as far as sales and expectations go but the Q10 is the bread and butter for blackberry.
Checks indicate U.S. consumer pre-orders for the BlackBerry Z10 (BBRY +1.1%) "have been light and well below expectations," says Detwiler Fenton's Jeff Johnston. AT&T began taking pre-orders on March 12, and Verizon 2 days later; both carriers will start actual sales within a week. He thinks FY14 BB110 sales are likely to be in the 13M-15M range, below the ~25M forecast by others. "BBRY has done a nice job with the OS; however, they need to figure out how to overcome the lack of mindshare their products have." (Goldman/Jefferies) [View news story]
I'm not worried about Thor as he has brilliant advisers backing him through and through
BlackBerry (BBRY) +5.8% on a two-notch upgrade to Overweight from Morgan Stanley's Ehud Gelblum. Gelblum, who had cut shares to Underweight in June when they were trading at $9.86, sees BB10 lifting ASPs and margins even as services attach rates slump He also sees a future for BB10 in the mid-range and raises the possibility of a partnership with Samsung or LG, but considers it unlikely the OS will become the world's #3 smartphone platform. FQ4 results are due in 8 days. [View news story]
very nice to see BB showing strength today after yesterday's swell instead of profit taking.
BlackBerry Rallies On Upgrade But 'Niche Midrange' Thesis Questionable [View article]
Furthermore I was at a retailer in Canada today asking about how the Z10 was faring and he informed that it is doing 'remarkably well' and that sales haven't fallen off much since launch.
He mentioned that people want it for one reason only: Push email.
BlackBerry Rallies On Upgrade But 'Niche Midrange' Thesis Questionable [View article]
Time has a way of changing everything, including people's attitudes and conceptions about a product/brand. Right now consumer sentiment (outside of the loyalists) for BB is at rock bottom. However once people see the smoothness of the OS and once the major apps, one-one-by-one, start to jump on board there will likely be no need to insert the word 'niche' into the prognostication.
And if the reports are true that a significant % of iOS and Android users are switching (back?) to BB then we could see a huge turnaround in no time at all.
BlackBerry (BBRY) +5.8% on a two-notch upgrade to Overweight from Morgan Stanley's Ehud Gelblum. Gelblum, who had cut shares to Underweight in June when they were trading at $9.86, sees BB10 lifting ASPs and margins even as services attach rates slump He also sees a future for BB10 in the mid-range and raises the possibility of a partnership with Samsung or LG, but considers it unlikely the OS will become the world's #3 smartphone platform. FQ4 results are due in 8 days. [View news story]
thanks for that link. yet another attempt to falsely bash BB to entice shareholders to sell just before a big upgrade.
BlackBerry (BBRY) +5.8% on a two-notch upgrade to Overweight from Morgan Stanley's Ehud Gelblum. Gelblum, who had cut shares to Underweight in June when they were trading at $9.86, sees BB10 lifting ASPs and margins even as services attach rates slump He also sees a future for BB10 in the mid-range and raises the possibility of a partnership with Samsung or LG, but considers it unlikely the OS will become the world's #3 smartphone platform. FQ4 results are due in 8 days. [View news story]
yes but only temporarily, until BB makes the necessary modifications.
No short squeeze whatsoever until BB establishes strong sales and market demand which likely won't happen until Q3 or Q4 results are known. In the meantime us longs can only hope that it holds relatively steady in the $15-$20 range.
BlackBerry (BBRY) +5.8% on a two-notch upgrade to Overweight from Morgan Stanley's Ehud Gelblum. Gelblum, who had cut shares to Underweight in June when they were trading at $9.86, sees BB10 lifting ASPs and margins even as services attach rates slump He also sees a future for BB10 in the mid-range and raises the possibility of a partnership with Samsung or LG, but considers it unlikely the OS will become the world's #3 smartphone platform. FQ4 results are due in 8 days. [View news story]
On a day when AT&T has begun selling the BlackBerry Z10 (BBRY +0.6%), Deutsche's Brian Modoff is raising fresh concerns (previous) about U.K./Canada sales. "Over the past week two carriers in Canada have cut prices on the Z10, suggesting to us lessened demand and possible margin pressure ahead." Modoff says his team contacted 60 stores in its latest round of checks, and failed to find a sellout. Thursday's FQ4 report should provide some color on early sales. (Detwiler Fenton) (Morgan Stanley) [View news story]
Likely in reflection of the Galaxy3 being offered for free
On a day when AT&T has begun selling the BlackBerry Z10 (BBRY +0.6%), Deutsche's Brian Modoff is raising fresh concerns (previous) about U.K./Canada sales. "Over the past week two carriers in Canada have cut prices on the Z10, suggesting to us lessened demand and possible margin pressure ahead." Modoff says his team contacted 60 stores in its latest round of checks, and failed to find a sellout. Thursday's FQ4 report should provide some color on early sales. (Detwiler Fenton) (Morgan Stanley) [View news story]
Checks indicate U.S. consumer pre-orders for the BlackBerry Z10 (BBRY +1.1%) "have been light and well below expectations," says Detwiler Fenton's Jeff Johnston. AT&T began taking pre-orders on March 12, and Verizon 2 days later; both carriers will start actual sales within a week. He thinks FY14 BB110 sales are likely to be in the 13M-15M range, below the ~25M forecast by others. "BBRY has done a nice job with the OS; however, they need to figure out how to overcome the lack of mindshare their products have." (Goldman/Jefferies) [View news story]
BlackBerry (BBRY) +5.8% on a two-notch upgrade to Overweight from Morgan Stanley's Ehud Gelblum. Gelblum, who had cut shares to Underweight in June when they were trading at $9.86, sees BB10 lifting ASPs and margins even as services attach rates slump He also sees a future for BB10 in the mid-range and raises the possibility of a partnership with Samsung or LG, but considers it unlikely the OS will become the world's #3 smartphone platform. FQ4 results are due in 8 days. [View news story]
BlackBerry Rallies On Upgrade But 'Niche Midrange' Thesis Questionable [View article]
BlackBerry Rallies On Upgrade But 'Niche Midrange' Thesis Questionable [View article]
He mentioned that people want it for one reason only: Push email.
He said that alone is driving sales.
BlackBerry Rallies On Upgrade But 'Niche Midrange' Thesis Questionable [View article]
And if the reports are true that a significant % of iOS and Android users are switching (back?) to BB then we could see a huge turnaround in no time at all.
Long.
BlackBerry Short Seller Squeeze Watch [View article]
BlackBerry (BBRY) +5.8% on a two-notch upgrade to Overweight from Morgan Stanley's Ehud Gelblum. Gelblum, who had cut shares to Underweight in June when they were trading at $9.86, sees BB10 lifting ASPs and margins even as services attach rates slump He also sees a future for BB10 in the mid-range and raises the possibility of a partnership with Samsung or LG, but considers it unlikely the OS will become the world's #3 smartphone platform. FQ4 results are due in 8 days. [View news story]
these people have no shame
BlackBerry (BBRY) +5.8% on a two-notch upgrade to Overweight from Morgan Stanley's Ehud Gelblum. Gelblum, who had cut shares to Underweight in June when they were trading at $9.86, sees BB10 lifting ASPs and margins even as services attach rates slump He also sees a future for BB10 in the mid-range and raises the possibility of a partnership with Samsung or LG, but considers it unlikely the OS will become the world's #3 smartphone platform. FQ4 results are due in 8 days. [View news story]
Ballard Now In Compliance With NASDAQ Minimum Bid Price Rule [View article]
Premarket gainers: OMPI +28%. GEVO +17%. CIE +7%. WSM +6%. ADBE +6%. BBRY +5%.
Losers: ECT -9%. CIG -9%. [View news story]
BlackBerry (BBRY) +5.8% on a two-notch upgrade to Overweight from Morgan Stanley's Ehud Gelblum. Gelblum, who had cut shares to Underweight in June when they were trading at $9.86, sees BB10 lifting ASPs and margins even as services attach rates slump He also sees a future for BB10 in the mid-range and raises the possibility of a partnership with Samsung or LG, but considers it unlikely the OS will become the world's #3 smartphone platform. FQ4 results are due in 8 days. [View news story]
BlackBerry: Understanding QNX [View article]
BlackBerry: Understanding QNX [View article]