Microsoft should buy them.
I think Huawei would bid.
US Government would block the bid on spying grounds, oh the irony.
Takes one to know one I guess.
BlackBerry puts itself up for sale
81–90 of 115 posts
Re: BlackBerry puts itself up for sale
#82Earlier quoted context omitted.
His point is that the company has a net cash position of $3bn, meaning someone who pays $5bn for the entire market cap of the company would immediately receive $3bn back in cash, making the real price effectively $2bn
But he is saying the $5bn already includes a discount for the cash you will get back. The market knows it has 3bn in cash lying around, so the market reckons that all of Blackberry's future profits and its on hand cash, are worth $8bn today, but that includes the $3bn of cash, so it adjusts the shares down to be $5bn - effectively saying the market thinks Blackberry can generate another $5bn worth of dividend-able pr…
So, the time value of money. Also, as foobarqux commented, this leads to a silly valuation of the very capitalized lemonade stand. If a similar-but-broke lemonade stand would be worth $1000, most people would be extraordinarily willing to pay $1000 for 1% of the very capitalized lemonade stand. It would make them millionaires!
Re: BlackBerry puts itself up for sale
#83As an Android developer by day, and a BlackBerry developer by night, it boggles my mind why everyone thinks BB10 is crap, and that no one wants it. Spend 1 week with a BlackBerry Z10 or Q10, and you'll see how great it actually is in comparison to other platforms. Spend some time developing an app for it in Qt and Cascades, and you'll see how great it is to develop for, in comparison to other platforms. People also n…
>> it boggles my mind why everything thinks BB10 is crap, and that no one wants it
The brand is ruined, much like Yahoo, Myspace or AOL.
Re: BlackBerry puts itself up for sale
#84As an Android developer by day, and a BlackBerry developer by night, it boggles my mind why everyone thinks BB10 is crap, and that no one wants it. Spend 1 week with a BlackBerry Z10 or Q10, and you'll see how great it actually is in comparison to other platforms. Spend some time developing an app for it in Qt and Cascades, and you'll see how great it is to develop for, in comparison to other platforms. People also n…
>> it boggles my mind why everything thinks BB10 is crap, and that no one wants it The brand is ruined, much like Yahoo, Myspace or AOL.
And why can't they be remade? It seems to me once upon a time Apple was in dire straights.
Re: BlackBerry puts itself up for sale
#85Earlier quoted context omitted.
When BlackBerry bought QNX they removed the source code so don't hold your breath.
Was the QNX source ever available?
Yes, it was available until 2010 - when they were purchased by RIM.
See: http://community.qnx.com/sf/wiki/do/viewPage/projects.commun...
Re: BlackBerry puts itself up for sale
#86Earlier quoted context omitted.
>> it boggles my mind why everything thinks BB10 is crap, and that no one wants it The brand is ruined, much like Yahoo, Myspace or AOL.
And why can't they be remade? It seems to me once upon a time Apple was in dire straights.
Perhaps it is being remade. They (finally, belatedly) got rid of the old guard at RIM, including the CEOs. The question is if Thorsten Heins can pull a Jobs.
Which isn't a knock on him if he can't - after all, Steve Jobs was an extreme outlier in a field of extreme outliers.
That said, Apple turned themselves by mostly abandoning their roots (big beige boxen) and go in a completely different, largely unprecedented direction - I don't see BB doing this. Even the iMac, iconic as it was, wasn't the turnaround point for Apple - iPod was.
Re: BlackBerry puts itself up for sale
#87As an Android developer by day, and a BlackBerry developer by night, it boggles my mind why everyone thinks BB10 is crap, and that no one wants it. Spend 1 week with a BlackBerry Z10 or Q10, and you'll see how great it actually is in comparison to other platforms. Spend some time developing an app for it in Qt and Cascades, and you'll see how great it is to develop for, in comparison to other platforms. People also n…
I think you answered your own question:
"Why [does] everyone thinks BB10 is crap?" "[RIM] was big, sluggish, and full of idiots running it."
Everything you write about BB being a new nimble company may be 100% true... but public perception lags truth, especially when many people have already written them off.
The unfortunate thing is that brand/marketing has never been RIM's strong suit (a typical woe of Canadian tech giants), but it sounds like the "this-aint-your-grandfathers-RIM" story is crucial to their overall turnaround story.
Re: BlackBerry puts itself up for sale
#88At 5 billion dollars of market cap, the company's worth less than what Microsoft paid for Skype. Frankly, Apple or Google should make this purchase just for their federal salesforce alone -- Blackberry knows how to do something those other companies don't do well and that's sell and entrench inside of Governments. That alone is worth billions. Give the iPhone to a Blackberry federal salesperson, and you've got billio…
From an acquisition perspective, the "price" is Market Cap + Debt - Cash. The total cost comes to just over $2B. At that price, I see it as a no brainer for Microsoft. They just need to ship a windows phone that is compatible with all the BB enterprise stuff, and IT departments will force it on the employees.
> From an acquisition perspective, the "price" is Market Cap + Debt - Cash
So the more debt company has, and the less cash it has, the more valuable it is? That makes no sense at all.
Re: BlackBerry puts itself up for sale
#89As an Android developer by day, and a BlackBerry developer by night, it boggles my mind why everyone thinks BB10 is crap, and that no one wants it. Spend 1 week with a BlackBerry Z10 or Q10, and you'll see how great it actually is in comparison to other platforms. Spend some time developing an app for it in Qt and Cascades, and you'll see how great it is to develop for, in comparison to other platforms. People also n…
BB10 may be nice but the damn thing still lacks apps. There's no point having a great phone and great OS with no app coverage.
At least three times now in the past month someone has recommended an app to me an sure enough...no blackberry option. Android and iOS only.
What I don't understand is why they don't force popular apps onto their platform. Even if no companies are jumping to develop for Blackberry, pay them to do it. Get them onto your platform with no cost on their end. Pay for ongoing support if necessary. App coverage is absolutely crucial and at this point, with BB10 being what it is, I'd say app coverage is now the #1 problem for their phones.
They've gone pretty far down the crap slide now. Maybe they've given up.
Re: BlackBerry puts itself up for sale
#90As an Android developer by day, and a BlackBerry developer by night, it boggles my mind why everyone thinks BB10 is crap, and that no one wants it. Spend 1 week with a BlackBerry Z10 or Q10, and you'll see how great it actually is in comparison to other platforms. Spend some time developing an app for it in Qt and Cascades, and you'll see how great it is to develop for, in comparison to other platforms. People also n…
I've ordered a Q10 some days ago and hope I won't regret it.
BB10 has an Android compatibility layer, so that might bring over some apps that might be still lacking.