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LYogi

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  • BlackBerry: Fiscal Q1 Results Less Than Meets The Eye [View article]
    Positives
    1. The BTS unit -- BlackBerry Technology Services -- appears to be doing an outstanding job. The 104m Certicom certificate sales to smart meters in the UK is one example, although the crowning achievements in this quarter are the licensing deals with Cisco and "Unnamed."
    -- it looks as they came up with $50 to 60m in revenue.

    2. Software growth. Glad to see it confirmed -- that it was at least 20%.

    3. The BES12 wins. 2600 of them. 45% of them were cross-platform, most of them probably from companies using a mix of Androids and BlackBerrys (I think BB is not doing so well with companies that use mostly Apple devices).
    -- also, 60% of these wins were conversions from the BES10 EZ Pass program. Total: 1,560.
    -- 40% came from the competition: 1,040 customers
    -- the biggest fish of all was the Royal Bank of Scotland -- the world's fifth largest bank.

    4. Cash went up by $50 million. The company now has $3.32 billion in cash and cash equivalents. Last quarter it had $3.27 billion.
    Not quite sure how the increase happened:
    BB loses $28m on operations in real non-GAAP terms,
    spends $70m?? on WatchDox,
    spends another few score million on restructuring (one-time "RAP" charge),
    but still ends up $50 million to the plus side?

    5. Positive free cash flow of $123 million.

    Read more at http://bit.ly/1NiLR8t
    Jun 24, 2015. 10:01 PM | 1 Like Like |Link to Comment
  • BlackBerry: Ask Yourself 2 Questions [View article]
    'we'?

    well there are a lot of smart investors that have taken significant positions in Blackberry in the last 12 months. The Ontario Teachers comes to mind.

    'you' the shorts are playing short-term based on declining handset sales and SAF while 'us' longs are gobbling up cheap shares for the long-haul where we can see that a) the company is a buyout target due to its cash and IP and b) the company is actively diversifying itself away from handsets to software which are higher margins and to which Blackberry owns the best OS and MDM platform.
    Jun 24, 2015. 08:20 PM | 2 Likes Like |Link to Comment
  • Vringo CTO changing roles, forming JV with company [View news story]
    the injunctions are hurting ZTE, that's why they have tried on five separate occasions to have them removed in Romania. This will lead to a settlement.

    Vringo just raised 12 million dollars which will bank roll their litigation for the next 2 years. They are not on any brink of collapse.

    Google, while nice, is still a longshot.

    It is ZTE that should be your focus.
    Jun 24, 2015. 06:01 PM | 8 Likes Like |Link to Comment
  • Vringo CTO changing roles, forming JV with company [View news story]
    too late and not enough for what?

    you do realize that Vringo is in the process of appealing to the Supreme Court against Google and has several injunctions in place against ZTE for patent violations, right?
    Jun 24, 2015. 05:10 PM | 2 Likes Like |Link to Comment
  • BlackBerry Keeps Hope Alive [View article]
    true t-guru

    but don't overlook the sea change that is happening at Blackberry as they transition to a more software-focused business model.

    Something which the past offers no guidance on.
    Jun 24, 2015. 03:56 PM | 2 Likes Like |Link to Comment
  • BlackBerry Keeps Hope Alive [View article]
    revenue from QNX is increasing.

    Do you see Blackberry at Apple events? And yet CarPlay runs ontop of QNX.
    Jun 24, 2015. 03:31 PM | 1 Like Like |Link to Comment
  • BlackBerry Keeps Hope Alive [View article]
    there is a difference between licensing and selling IP.

    Rockstar was a conglomerate's decision to sell.

    QNX is the choice for existing IoT and there is nothing to say that it won't be for future networks given its superior RTOS architecture.

    That combined with their Certicom encryption patents and this is a sleeping volcano of revenue about to erupt although as with real volcanoes predicting when is not a science...
    Jun 24, 2015. 03:06 PM | 2 Likes Like |Link to Comment
  • BlackBerry Keeps Hope Alive [View article]
    patents have never been for sale, management isn't entertaining offers now and Chen was very clear about that yesterday. They know what they have and they know what the future is going to require. They are patient.

    SAF revenue only indicates the diminishment of BB7 legacy devices. yes they user base is shrinking but it is still sizable enough to factor in should/when hardware become necessary - for instance in sensitive industries where security is paramount and BES12/BB10 is required to be ultra secure.

    IoT is in its infancy, QNX is getting a foothold, just as WhatsApp has in IM.

    Monetization will come, albeit slowly at first.
    Jun 24, 2015. 02:58 PM | 2 Likes Like |Link to Comment
  • BlackBerry Keeps Hope Alive [View article]
    to criticize an investment based on past factors is an error.

    you aren't buying stock at the valuation when the company had 11B in revenue.

    you are buying stock in a company who's EV is just above cash despite a rich patent trove, an installed-base of users, and growing dominance in the IoT of which space, health, and automotive are the precursors...

    Today you BUY
    Jun 24, 2015. 02:41 PM | 1 Like Like |Link to Comment
  • BlackBerry Keeps Hope Alive [View article]
    it will become indispensable as the IoT takes hold and the various players understand the risk and liability should any component of it fail.

    QNX alleviates those concerns by providing a real-time-fail-safe OS which is why it has been the system of choice in space, health, automotive.
    Jun 24, 2015. 02:39 PM | 1 Like Like |Link to Comment
  • BlackBerry Keeps Hope Alive [View article]
    the monetization of QNX will follow.

    WhatsApp is the dominant player in IM but what does it contribute to Facebook's financial results?

    If you don't believe that QNX is the dominant player in the fields I have mentioned then do some research.

    Once QNX proves its indispensability then BBRY will (slowly) start to raise the license fees....

    The Future is Bright.
    Jun 24, 2015. 02:16 PM | 2 Likes Like |Link to Comment
  • BlackBerry Keeps Hope Alive [View article]
    again you are the one to remain willfully blind that in the first industries that utilize an 'IoT' such as space, healthcare and automotive, QNX is the dominant player.

    The rest will soon follow suit.
    Jun 24, 2015. 01:55 PM | 1 Like Like |Link to Comment
  • BlackBerry +5.4%; Cisco deal inked, software grows rapidly, services slump [View news story]
    speak for yourself Bob, a lot of buyers still believe in the company's future.

    time will tell.
    Jun 24, 2015. 01:52 PM | 2 Likes Like |Link to Comment
  • BlackBerry Keeps Hope Alive [View article]
    Denis

    I was exaggerating to make a point. I agree with what you have said.

    Overall though for a power-user, it would be hard to top what the Passport offers (both hardware and the functionality and speed of 10.3.1)
    Jun 24, 2015. 01:35 PM | 1 Like Like |Link to Comment
  • BlackBerry Keeps Hope Alive [View article]
    SE-
    Passport runs most Android apps.

    I control my Sonos systerm, fitbit, etc via Amazon App store.

    Anything that isn't there I could still get to work.

    Problem is that kids don't know this yet- that BB can run Android apps.

    One day they will!
    Jun 24, 2015. 01:34 PM | 1 Like Like |Link to Comment
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