Items tagged with NASDAQ: BBRY

Here's the obvious: things aren't looking peachy for BlackBerry, and they haven't for a very long while. As the company bleeds market share at an alarming rate, most believe that we're well beyond the point of no return, and today's quarterly financials are going to leave the employees who are hanging on with a sullen holiday season. The company managed to pull in $1.2 billion in revenue for Q3, which was a substantial drop from the $1.6 billion it found last quarter. It also sold just 1.9 million smartphones in all of Q3, compared to 3.7 million in Q2. Charges are really hurting its bottom line,... Read more...
The days of BlackBerry could be coming to an end... or, at least the BlackBerry that we all know today. As the company begins to deal with the reality of its situation -- a reality that shows massive declines in sales, a lack of interest from consumers, and highly formidable opponents in the smartphone arena -- it has decided this week to sell itself to a consortium led by Fairfax Financial. We all knew it would eventually come to this, and BlackBerry itself stated that it was looking to finalize a deal of some sort by November. Shortly after announcing plans to cut 4,500 jobs and focus more on... Read more...
It's fair to say that BlackBerry's back is against the wall at this point. By most counts, it's been surpassed in market share by Microsoft's Windows Phone platform, and the gap between it and iOS and/or Android is rather enormous. Rather than throw in the towel, however, BlackBerry opted to launch the Z30, it's biggest, fastest, and most advanced smartphone ever. The major selling point here is that the BlackBerry Z30 brings a 5-inch display to the mobile party. Whether you want to consider that a big-size smartphone or a phablet is up to you; either way it's a generously sized Super AMOLED display,... Read more...
It didn't take long for BlackBerry's newly appointed board director to make media headlines. In a recent interview in Stockhold, Nordberg talked in depth about BlackBerry's current situation, saying there are "subsets" within the company that can be sold off. But the thing he said that sticks out most is in regards to BlackBerry's ambition to be a major smartphone player and whether or not there's a different direction the company could go. "I think BlackBerry is able to survive as a niche company. But being a niche company means deciding to be a niche company," Nordbert told The Wall Street Journal.... Read more...
As BlackBerry enters a new age in the smartphone era, one that's decidedly dominated by Android and iOS (and/or Samsung and Apple, if you will), the Canadian firm decided a blast to the past was in order. Hence the launch of the company's new "super social" BlackBerry 9720 smartphone featuring an old school design reminiscent of earlier BlackBerry devices. "The BlackBerry 9720 smartphone gives you all the essentials of the BlackBerry smartphone experience to support a communications centric lifestyle. It has the best keyboard and functionality for BBM, as well as an updated BlackBerry 7 OS that... Read more...
First, the bad news: BlackBerry’s financial woes and failed turnaround efforts appear to have led the smartphone maker to consider putting itself up for sale. Blackberry is still in exploratory stages. This turn of events will likely come as a surprise for those who were reassured by BlackBerry CEO Thorsten Heins’ apparent preference for licensing opportunities. Now for some interesting, and possibly good news: the BlackBerry A10 may have surfaced as the BlackBerry Z30 in a video by Vietnamese Cellphone S, according to Engadget. The phone has a sleek, slim body with AT&T and BlackBerry... Read more...
Google recently revealed the worst kept secret on the web by formally introducing its second generation Nexus 7 tablet built by ASUS. It's thinner, faster, boasts a better display, and is supposed to be available to purchase July 30, 2013. Don't want to wait? You may not have to, depending on where you live. There have been reports that those who pre-ordered a new Nexus 7 from Best Buy have already received shipping notifications. Intrigued, we hit up Best Buy's website and sure enough, the electronics retailer is selling the updated Nexus 7 as if it's in stock (there's no mention of a pre-order).... Read more...
As BlackBerry continues to try and turn around its fortunes and regain relevance in the ultra competitive mobile market, more workers are falling by the wayside. Well, a more accurate way of putting it is that more workers are being pushed over the side of BlackBerry's wavering ship. In the latest round of job cuts, BlackBerry handed out pink slips to around 250 workers at its headquarters in Waterloo, Ontario. The company formerly known as Research In Motion (RIM) already parted ways with thousands of employees last year, and more recently, the Canadian handset maker hinted that more job cuts... Read more...
There's no better time to shop for a Mac than during the back-to-school shopping season. As we recently reported, Apple is offering college students up to $200 off select Mac systems plus a $100 App Store gift card, however you don't have to go through Apple to get a discount, nor do you need to be a student. Best Buy sent us a note letting us know it temporarily slashed the price of two MacBook Pro models by $200. The 13.3-inch MacBook Pro with Core i5 processor clocked at 2.5GHz, 4GB of RAM, and 500GB hard drive is now $1,000, on sale from $1,200, and the 13.3-inch MacBook Pro with Core i7 processor... Read more...
BlackBerry has big on security, but according to the findings of German site GeekHeim, the Canadian company has a big, nasty security flaw in its own ranks. Apparently, when you set up an email account using BlackBerry 10’s email client, you’re unwittingly sharing your login credentials with BlackBerry. “If you use one of the main functions of the phone, the email client for POP and IMAP, the complete account information including user name and password are sent to BlackBerry server without warning, without notice, without option to turn off this behavior,” said Frank Rieger... Read more...
BlackBerry's Z10 handset came out of the gate strong, notching quick sales, including a single order of 1 million devices from an "established partner." The Z10 was also included in what BlackBerry deemed its largest ever corporate order of BlackBerry 10 (BB10) devices (Q10 handsets were also included in that order). With all that being the case, it's a little curious that the Z10 keeps going down in price. At Best Buy, you can pick up a Z10 for as low as $50 with a new 2-year service agreement with Verizon Wireless. AT&T subscribers have it even better -- the device is free with a 2-year commitment.... Read more...
Been eying up one of those newer model Apple iPads with a Retina display? Don't fret if you're stuck with an older model, you have options at your disposal. You could always sell your old iPad on eBay or Craigslist, or you can march into a Best Buy store today or tomorrow and trade in your iPad 2 (or iPad 3) for a minimum $200 gift card. The two-day trade-in promotion starts today and helps customers upgrade to the latest and greatest version of the iPad without paying full price. A fourth generation 16GB Wi-Fi iPad with Retina display runs $500, or $300 after applying the $200 gift card, though... Read more...
BlackBerry, or the company formerly known as Research In Motion (RIM), may find itself a Guns 'N Roses fan, and in particular the song Patience. That's what BlackBerry's Chief Executive Officer (CEO) Thorsten Heins is asking from investors as the company continues to come up short of expectations during what's been deemed a "complex transition." "We are still in the midst of a major, complex transition of the this company, and like most of these transformations, progress can be volatile," Heins said during the company's annual meeting, according to USA Today. His words must have been somewhat inspiring... Read more...
The company formerly known as Research In Motion (RIM) has some soul searching to do. After all the big talk, new platform and device launches, and even a name change to signify brighter days ahead, the company now known as BlackBerry notched an $84 million loss, or 13 cents per share, according to the firm's first quarter fiscal 2014 financial results. Stating the obvious, BlackBerry noted in its financial report the smartphone market "remains highly competitive," adding that it's therefore "difficult to estimate units, revenue, and levels of profitability." That might be true, or BlackBerry may... Read more...
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