The moment of truth: BlackBerry to announce financial results for Q1 of fiscal 2015 soon
Roughly two months ago, BlackBerry released a financial report that covered the last trimester of the fiscal 2014, which ended on March 1, 2014. Although it was significantly better than previous financial reports, it was more than clear that the company is still not doing well. However, it was only the first financial quarter, during which BlackBerry was completely run by its new head, John Chen, a proven turnaround specialist.
The company's second trimester under his lead ended roughly a week ago and BlackBerry announced today that it is about to release a financial report for the first quarter of the fiscal 2015. The report is due June 19 and we are eager to see if John Chen has succeeded in balancing the books yet again.
Although BlackBerry's CEO is pretty determined to make a difference and bring the company back on its feet, all signs point that this might not happen anytime soon. Just a few days ago, he admitted that certain departments of the company were actually doing worse than he had initially expected.
We suspect that Chen was talking about BlackBerry's handset business in particular, as it continues to lose ground even at home, in Canada, where the company's market share continues to dwindle. However, Chen revealed that he is not considering selling the phone department anytime soon.
We also heard that BlackBerry will release several new keyboard-equipped devices, such as the Q20. It is possible that the rather curious BlackBerry Q30 (Windermere) will be released, too. Only time will tell if these will aid the former Waterloo-based giant.
source: BlackBerry via BerryReview
fiscal 2015 on June 19th, 2014. A conference call and live webcast will be held beginning at 8 am ET, which can be accessed by dialing 1-877-974-0445 or through your BlackBerry® 10 smartphone, personal computer or BlackBerry® PlayBook™ tabletat http://ca.blackberry.com/company/investors/events.html.
A replay of the conference call will also be available at approximately 10 am by dialing (+1)416-640-1917 and entering pass code 4680440# or by clicking the link above on your BlackBerry® 10 smartphone, personal computer or BlackBerry® PlayBook™ tablet. This replay will be available until midnight ET July 4, 2014.
A global leader in mobile communications, BlackBerry® revolutionized the mobile industry when it was introduced in 1999. Today, BlackBerry aims to inspire the success of our millions of customers around the world by continuously pushing the boundaries of mobile experiences. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates offices in North America, Europe, Asia Pacific and Latin America. The company trades under the ticker symbols "BB" on the Toronto Stock Exchange and "BBRY" on the NASDAQ. For more information, visit www.blackberry.com.
1. theminolaboy (Posts: 128; Member since: 18 May 2013)
I am excited about this. I can see that he's really up to something and the way he speaks, he's capable.
13. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
He's the most capable of turning around company. TRUE
but BB is beyond repair.
18. meanestgenius (Posts: 1931; Member since: 28 May 2014)
BlackBerry is definitely NOT beyond repair.
2. GreekGeek (Posts: 844; Member since: 22 Mar 2014)
I like their fighting spirit but their chance of survival is pretty slim right now.
Samsung is ruthless, LG and SONY are equally ruthless, so does Apple, not to mention the sea of Chinese brands trying to out-bargain each other, they're pretty helpless,no wonder why their user base is rapidly dwindling
I'd say give it up?
3. shahrooz (Posts: 188; Member since: 17 Sep 2013)
What you just said is only about the mobile devision not the whole company
4. alterecho (Posts: 1091; Member since: 23 Feb 2012)
If there is one OS that deserves to join the big 2 (iOS and Android), that should be BB10 OS. Its just simply amazing!
I'd say, they shouldn't give it up and they should market it more and also get lower priced devices to the markets, fast.
14. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
They can't... SIMPLE.... they can't
In android, the development of the OS is carried by Google. The hardware company just pay the hardware part of the development. And since there were more hardware vendor, and more device sold. The hardware development cost were smaller.
In BB, especially the BB10, BB only manage to sell LESS THAN 1 MILLION device in 1 QUARTER, and with this number BB COULDN'T AFFORD to compete with android device.
BB10 is the failure OS that BB simply has to write off from their book. It was a failure in their tablet, and now in their phone.
20. meanestgenius (Posts: 1931; Member since: 28 May 2014)
I'll say this to you AGAIN: BB10 was NOT the OS on the PLAYBOOK.
BlackBerry sells more HARDWARE in enterprise than the CONSUMER industry. Sites like this ONLY TAKE the consumer industry into account.
JC IS NOT trying to compete with Android,.Apple, Samsung or anyone else in the CONSUMER market. He's focusing on growing his DOMINANCE in enterprise and growing QNX in the "Internet off Things".
23. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
WOW!!! As the BB Geek around here, YOU DO NEED TO LEARN MORE ABOUT BB.
BB10 *IS* THE OS that evolve from the OS on playbook. BB bought QNX, release playbook using that QNX that were 'enhanced', then further refine it, and rename it into BB10.
C'mon. Don't spread lie. THE HARDWARE COUNT IN CONSUMER AND ENTERPRISE is ONE COUNTER. SMARTPHONE. BB didn't sell more device in enterprise. THAT'S A BIG LIE. BIG NO-NO
26. meanestgenius (Posts: 1931; Member since: 28 May 2014)
The hardware count is not the same. Stop spreading lies.
The OS that was on the PLAYBOOK was called the PLAYBOOK OS. BB10 only INCORPORATED some things from the PlayBook OS, like it's SWIPE GESTURES.
If you're going to talk negatively about something, at least get your facts straight.
And for the UMPTEENTH TIME, BlackBerry DOES NOT need the consumer market or even it's HANDSET business to be profitable. JC can create value for the shareholders and make the company profitable through their enterprise and regulated industry offerings. But you're too CONSUMER MINDED to understand this, I can see this now. So I shall no longer be responding to any of your foolishness.
6. meanestgenius (Posts: 1931; Member since: 28 May 2014)
They definitely should not give up. BlackBerry will succeed.
5. tokuzumi (Posts: 332; Member since: 27 Aug 2009)
I'm pretty sure it will be titled "Circling the drain"
7. meanestgenius (Posts: 1931; Member since: 28 May 2014)
And if it's not? If the title says something along the lines of "BlackBerry is well on the road to recovery", what will you say then? Will you still spew your nonsense, in utter disbelief that this is happening? Or will you say "good job BlackBerry!"
31. tokuzumi (Posts: 332; Member since: 27 Aug 2009)
Blackberry's only asset is their intellectual property. They are unparalleled in the enterprise world, as their security is unmatched at this point by apple/Samsung/android/etc. But I'm not seeing anyone buying blackberrys. I work for a fortune 500 company, and we are switching to a BYOD program, or you can use an iPhone 5C, or Galaxy S4. No more BBs are being purchased. I wish BB the best, but they should focus on their software.
32. meanestgenius (Posts: 1931; Member since: 28 May 2014)
They ARE focusing on their software. Handsets is just a small part of the equation. As John Chen himself said, "I can create value for the shareholders WITHOUT the handset business. But I can create even MORE value WITH the handset business.
Also, what country do you live in? If it's the U.S., then yeah, most are buying Androids and iPhones. Outside of the U.S., especially in emerging markets, BlackBerry handsets are being purchased. But BlackBerry does not need the handset biz to be successful.
33. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
emerging market... lol
Where are you?? You just quoting some news on some news website that HOPED bb will survive.
Emerging market (ex. indonesia) IS TOTALLY different market compared to united states. In emerging market company DID NOT BUY phone for their worker. Worker buy their own phone with FULL PRICE (not faked subsidize like USA). It has been this way since forever. and that's the reason why BB also DIED in emerging market, because worker don't like BB.
So, who buy the BB in emerging market (like indonesia)? If you read BB financial report carefully, BB resurrect/reintroduce the BB7 device. That's because in Indonesia the one who bought bb IS NOT the tech savy anymore. That were the clueless guy that preceive BB as a prestige brand. The clueless guy with very little money. This target market don't care about BB OS7 or OS10, they just go after BB brand. All the one that were capable of trying android and BB already MOVED ON.
BB is in deep trouble.
37. meanestgenius (Posts: 1931; Member since: 28 May 2014)
Ok little boy, let me give you a little lesson:
You said the only people that buy BlackBerry are people who are not tech savvy, but people who view BlackBerry as a "prestige" brand. First, let's just say that this statement is your OPINION ONLY, and in NO WAY RELATES TO FACT.
Second: You do know that BRANDS are what sell, don't you? It's why Apple is so popular. You think people would be purchasing the iPhone in droves if it was made by Coolpad? Or ZTE? Absolutely not. BRAND is also why when people go out there to buy an Android handset, an overwhelming majority of the buyers choose SAMSUNG.
Third: I am well aware of how people purchase phones outside of the U.S. Nothing new here.
Fourth: BlackBerry didn't "resurrect" BBOS7, they KEPT it going. Why? Two reasons: BBOS7 handsets still sell, and because of the revenue gained from BIS. Until they can offset the revenue from BIS with QNX or BBM, etc. it is better to keep it going. That's just SMART BUSINESS.
Fifth: Maybe you are some technologically illiterate person that can't tell a feature phone from a smartphone, but BB10 users are EXTREMELY INTELLIGENT. WE KNOW JUST HOW GOOD BB10 IS. We don't follow the heard like feeble-minded people such as yourself and your friends do. That's why we stay with BlackBerry. And I, for one, could CARE LESS what you and your group of "monkey see, monkey do" friends use.
35. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
I give you one article from WSJ... in Indonesian language. You can use google translate to translate it.
"Pangsa BlackBerry di Indonesia pada 2013 anjlok menjadi 14%, menurut data IDC. Sementara itu, pangsa Android naik menjadi 81%. Penerimaan BlackBerry dari kawasan Asia Pasifik mencapai $169 juta pada kuartal yang berakhir 30 November, turun tajam dari $518 juta yang dibukukan pada dua triwulan sebelumnya."
"The blackberry marketshare in Indonesia 2013 shrink to 14%, android up to 81%. Blackberry income in Asia pacific down from $518 million from 2 quarter before to $169 million in 2013 quarter that ended 30 November"... which is from 30 Agustus - 30 November BB only got $169million, compared to from 28 Febuary - 30 May 2013 when they still got $518 million.
THIS IS EMERGING MARKET YOU SAID!!!
"Di Indonesia, aplikasi berbagi pesan WhatsApp, yang memiliki 450 juta pengguna di seluruh dunia, kini menjadi lebih populer dari BBM, demikian survei OnDevice Research, London. Saat ditanya aplikasi berbagi pesan yang paling sering digunakan, 43% responden Indonesia menjawab WhatsApp. Hanya 37% menjawab BBM."
BBM were loosing to What's app. When pooled which messaging system were favorite among indonesian. 43% answered What's app, compared to just 37% who answered BBM...
“Dalam dua tahun terakhir, BlackBerry mengalami kesulitan untuk menembus generasi pengguna telepon yang lebih dewasa,” ujar Sudev Bangah, direktur IDC Indonesia.
In the last 2 years BB is having a hardtime competing with the other platform, specially with phone user starting to understand about the competitor (android) offering (mengalami kesulitan menembus... lebih dewasa)
36. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
last year before BBM comeout for android, BB already going down by 70% in emerging market (indonesia)
"penjualan Blackberry di Indonesia terus mengalami penurunan hingga 70"
"The number of device BB sell in Indonesia is keep going down. it's down 70%.
39. meanestgenius (Posts: 1931; Member since: 28 May 2014)
So either you think Indonesia is the only emerging market in the world, or you are totally OBLIVIOUS to.other parts of the world. In Africa, the largest CONTINENT on the planet, BlackBerry owns 23% of the market in South Africa and 40 % of the market in Nigeria. BBM boasts over 113 million users for BlackBerry. True, WhatsCrap has many more subs, but BBM has far more DAILY ACTIVE USERS than WhatsCrap.
42. meanestgenius (Posts: 1931; Member since: 28 May 2014)
I was incorrect about BlackBerry's market share in South Africa. I am man enough to admit my mistakes, unlike some.
BlackBerry's market share in South Africa is as follows:
48% of the MOBILE PHONE market
70% of the SMARTPHONE MARKET.
43. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
I got bad news for you... the blog you use as a source is NOT CORRECT.
Here is a statcounter data for south africa.
bb WAS the leader in market share until Feb 2013, after that bb was GOING DOWN and replaced by android. At it peaked BB control 48% of south africa market, and now (june 2014) only 24%.
If you see the graph android keep gaining BIG market share each month. From 13.52% in November 2013 to 32% in June 2014. a 19% market share gain in 7 months.
As this counterstat data is a MARKETSHARE data, and not a device sold data, it could mean that in the last 7 month, android sell A LOT MORE THAN bb.
Here is a math example.
Nov 2013, BB 36.46%, Android 13.52% other 50.02%
Dec 2013, BB 33.06%, Android 17.25%, other 49.59%
If in Nov 2013
the 36.46% (bb) = 10 million phone
that's mean 13.52% (android) = 3.7 million phone.
if in Nov 2013, BB sold 100K phone
then in December 33.06% (bb) = 10.1 Million
then 17.25% (android) = 5.27 million
... thus in november android sold 1.57 million phone.
The point is... BB is LOOSING. and YOUR SOURCE is NOT RIGHT. YOUR SOURCE IS WRONG. Would you admit it? south africa, the country you said that BB outsold android, or BB were fine... while in reality android beat BB by A VERY BIG MARGIN!!!
47. meanestgenius (Posts: 1931; Member since: 28 May 2014)
Ok, here we go:
You are using Statcounter. What you would call a "reputable" source. But Statcounter only tracks mobile OS's through the BROWSER:
MOBILE: How do you track mobile devices?
We track over 15 billion page views per month across the StatCounter network of over 3 million websites. We analyze every page view in order to gather as much information as possible. With each page view a useragent string is sent which allows us to determine the the browser and operating system used and also to establish if the page view came from a mobile device. In this way we determine the usage of mobile devices, browsers and operating systems.
It's more than a safe bet to say that MOST PEOPLE in emerging markets that have a BlackBerry have one that's running BBOS7.x. MOST PEOPLE using a BBOS7.x device in emerging markets like South Africa DO NOT use their phones for web browsing. They use it for "fast multimedia communications." In other words, people use their BlackBerry's in emerging markets like South Africa mainly for communication, NOT visiting websites via their phones mobile browser. Statcounter, therefore, CANNOT be used as a RELIABLE source to track BlackBerry usage. And it ONLY TRACKS USAGE THROUGH BROWSERS, NOT SALES. So sorry to inform YOU(I'm really not sorry, though), but the BLOG YOU ARE USING IS INACCURATE, AND THEREFORE INCORRECT. Oh, and here is ANOTHER WEBSITE posting the same totals that I did concerning BlackBerry's South Africa market share:
Oh, and that "blog" where I originally got my numbers from has a reputable SOURCE where the information came from:
See? I ALWAYS DO MY RESEARCH THOROUGHLY. UNLIKE YOU. So, are you going to admit that YOUR source is wrong due to inaccuracy? I doubt you will. BlackBerry is HUGE in South Africa.
51. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
YOU LIVE IN USA, I LIVE IN EMERGING MARKET
YOU WILL BE SURPRISEDDD!!!!
YOU WILL BE VERY SURPISEDDD!!!
Here, in emerging market, lots of featurephone user such as BB OS 7 & Nokia S40 DO ALL THEIR BROWSING IN THEIR PHONE BECAUSE THEY DON'T HAVE COMPUTER!!!! You should see the facebook report on emerging market. In India & Indonesia 85% of facebook user LOG FROM CELL PHONE ONLY.
You certainly don't understand the smartphone market at all. All your stat is only make BB looks great. In reality, BB already DEAD. ZOMBIE
52. meanestgenius (Posts: 1931; Member since: 28 May 2014)
YOU DO NOT LIVE IN THE ENTIRETY OF THE EMERGING MARKETS.
YOU ONLY LIVE IN ONE COUNTRY.
YOU CANNOT SPEAK FOR WHAT EVERYONE IN ALL OF THE COUNTRIES OF THIS WORLD CONSIDERED TO BE EMERGING MARKETS DO WITH THEIR PHONE.
And using an APP such a an FB app and using your phones BROWSER are TWO DIFFERENT THINGS. LEARN THE DIFFERENCE.
And YOU certainly do not understand the smartphone market at all. It's NOT all "doom and gloom" for BlackBerry everywhere, as I have CONSISTENTLY proven to you.
And YES, I am a BlackBerry fan and therefore WILL search out good news about BlackBerry, just like you're a "MR ME TOO" BlackBerry bandwagon hater and search out bad news about BlackBerry. I can find TONS of bad news on Apple, Google, or any other company when searched for it. ANYONE can.
And as I have CONSISTENTLY proven with my "stats that make BlackBerry look great", they are a company that is VERY MUCH ALIVE. DEAL WITH IT.
44. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
and surprisingly... in nigeria....
according to the blog you gave, bb also dominant in nigeria
quote from your blog link:
"BlackBerry has more customers in Africa than Android and iOS combined. In fact, BlackBerry says its devices account for half the Smartphones in Nigeria.”
and here is the statcounter data for nigeria:
Nokia S40/Symbian WAS THE BIGGEST smartphone in nigeria.
ANDROID is even BIGGER THAN bb.
bb was nothing in nigeria...
C'mon, don't quote from some unknown bb zealot blog. it's insulting my inteligent.
48. meanestgenius (Posts: 1931; Member since: 28 May 2014)
You're insulting your OWN intelligence, or rather, lack thereof, but continuing to quote Statcounter. See post #47.
45. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
and here is the africa as the whole..
The unknown bb zealot blog you use as reference also wrong. BB were WAY BELLOW android, and android is gaining very fast while bb already stagnant.
49. meanestgenius (Posts: 1931; Member since: 28 May 2014)
So who is comparing BlackBerry to Android in the CONSUMER SPACE? I'm certainly not. It would be foolish to compare ANY OS to Android in the CONSUMER space, just like it would be foolish to compare ANY OS, INCLUDING ANDROID, to BLACKBERRY in the enterprise space. BlackBerry is UNMATCHED BY ANY MOBILE OS IN THE CONSUMER SPACE, WITH 61% OF THE MARKET BELONGING TO BLACKBERRY. BUT, in South Africa, BlackBerry has the MAJORITY OF THE MARKET.
46. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
Here a fun fact....
CANADA, the BB home country...
BB usage already down to 4.13% since september 2013
and now at 2.85% (june 2014)
do you still bb can survive?
50. meanestgenius (Posts: 1931; Member since: 28 May 2014)
STILL using Statcounter after I DISPROVED your theory? Smh...
Anyway, here's a little fun fact that I have for Ya!
And here's another little fun fact about BlackBerry sales in Toronto, CANADA:
BlackBerry has a 23% market share there.
So to answer your question, HELL YES, I have NO DOUBT that BlackBerry can still survive.
34. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
This is something that BB fanatics like meanestnotgenius can't understand. They believe BB still triumph.
BB need to use android if they still wanna in handset business. and BB can't survive being a software company without the phone division. Without the phone division, they need to be REALLY good to be used by company. because the competition without preloaded on their hardware is on different level.
40. meanestgenius (Posts: 1931; Member since: 28 May 2014)
It is only imbecilic people such as yourself that believe that BlackBerry cannot survive without the handset business. If the majority of their losses is currently coming from their handsets, wouldn't LOGIC DICTATE that if they shut down their handset business, that the revenue loss would be corked? Simple logic here. And you CONTINUE to FAIL to acknowledge BlackBerry's DOMINANCE in enterprise. 61% of the market is owned by BlackBerry. They have more EMM (that's Enterprise Mobility Management for the uninitiated such as yourself) customers than their next 3 competitors COMBINED. 16 out of 20 G20 governments use BlackBerry. They DOMINATE the REGULATED INDUSTRIES. And through QNX, they DOMINATE the automotive / infotainment industry. They just added over ONE MILLION BES licences / customers. But consumer-minded individuals such as yourself STILL believe that BlackBerry needs the consumer handset to survive. Rabid, fanatical BlackBerry haters such as yourself will NEVER acknowledge this, as evident by my having to explain this to you on NUMEROUS OCCASIONS. YOU ARE CLUELESS.
41. meanestgenius (Posts: 1931; Member since: 28 May 2014)
And for simple-minded individuals such as yourself that STILL think BlackBerry isn't growing sales anywhere at all:
8. meanestgenius (Posts: 1931; Member since: 28 May 2014)
I definitely think that the overall numbers will point to BlackBerry regaining its footing. But here is one thing that we consumers just need to stop doing: Stop looking at BlackBerry as a "consumer" company. They simply are not. BlackBerry is a company that has always been geared towards the REGULATED INDUSTRY. It just so happens that at one point in time, consumers really wanted a BlackBerry device. Make no mistake: BlackBerry focusing on the regulated industry (enterprise, healthcare, government, security) is the right thing to do for this company to regain profitability. I look forward to the forthcoming quarterly results.
16. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
Blackberry.. The one that BB need to fix...
The device THAT WERE FORCED to employee, and hated by anyone in any company.
22. meanestgenius (Posts: 1931; Member since: 28 May 2014)
Those companies didn't have to purchase BlackBerry handsets. They did so because they were the BEST for what they needed. I'm done with you. Now you're just sounding like every other hater on PA.
24. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
because the IT guy was clueless... that's the reason. When the IT guy learn, BB collapse.
9. tenzin (Posts: 92; Member since: 20 Dec 2013)
I am on Android for years
also tried we an blackberry 10 and say that bb10 is brilliant os they shouldn't give it up
10. apiskula (banned) (Posts: 578; Member since: 25 Jan 2013)
Everyone knows it will be horrible. Just liquidate the company now as people have moved on to much better options
11. meanestgenius (Posts: 1931; Member since: 28 May 2014)
Don't you have ANYTHING BETTER to do than wait for an article with the word "BlackBerry" in it and log in to post your unwarranted hate? That's ALL YOU DO on this site. I've yet to see you post anywhere else that nothing to with BlackBerry. There is something REALLY wrong with you. You should seek medical help.
17. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
sticking to BB10 really drain the current employee talent and future.
Not to mention making all the BB 'fans' lose life.
21. meanestgenius (Posts: 1931; Member since: 28 May 2014)
What? Do you even know what you just said?
Now you just sound like a simple minded hater.
12. techloverNYC (Posts: 420; Member since: 20 Nov 2012)
Less than 5% market share in the US pretty much means the company is gonna be there for long.
25. WahyuWisnu (Posts: 1001; Member since: 29 May 2014)
It's really funny that BB write Q1 2015 instead of Q1 2014. If they can't be right with simple YEAR, how can they bring GREAT things like OS. LOL
28. meanestgenius (Posts: 1931; Member since: 28 May 2014)
THIS STATEMENT RIGHT HERE is how I know you are UTTERLY CLUELESS about BLACKBERRY. You DON'T EVEN KNOW how their FISCAL YEAR runs. I just CAN'T converse with someone who doesn't know the basics.
30. apiskula (banned) (Posts: 578; Member since: 25 Jan 2013)
The best announcement they can make is to liquidate this company y