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06-28-2013, 09:52 AM
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#1 | RS has made me the bitter person i am today!
Join Date: Apr 2001 Location: Vancouver
Posts: 4,784
Thanked 2,934 Times in 768 Posts
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| BB Playbook is dead? BlackBerry shares plummet; first-quarter loss of $84 million | News1130
TORONTO (NEWS1130) – Shares of BlackBerry (TSX:BB) plunged nearly 26 per cent in early trading after the smartphone maker’s latest results fell short of analyst expectations and it warned that further losses were likely to come next quarter.
The Waterloo, Ont.-based company posted a first-quarter loss of US$84 million, 16 cents per share for the three months ended June 1, improved from a loss of $518 million or 99 cents per share a year ago.
But the adjusted loss from continuing operations was $67 million, or 13 cents per share, deeper than predictions of six cents per share profit, according to a poll of analysts by Thomson Reuters.
The company’s shares fell $3.87 to $11.18 shortly after trading began on the Toronto Stock Exchange.
BlackBerry also said it has scrapped plans to offer an operating system update to its PlayBook tablet, signalling that the company plans to eventually clear the sales flop from its products entirely.
Missing from the results were specific sales figures for its new smartphone models, and subscriber figures, which the company used to provide but says no longer accurately reflect its business model.
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06-28-2013, 10:50 AM
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#2 | Glorious Gaming PC Master Race
Join Date: Oct 2001 Location: Coquitlam y0!
Posts: 21,240
Thanked 968 Times in 446 Posts
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surprise to no one
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06-28-2013, 10:55 AM
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#3 | I contribute to threads in the offtopic forum
Join Date: Jul 2010 Location: Neverland
Posts: 2,705
Thanked 641 Times in 339 Posts
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It was dead even when it first started. I think it came out around the time of the iPad and the sales difference was astronomical
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06-28-2013, 11:00 AM
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#4 | Ready to be Man handled by RS!
Join Date: Sep 2001 Location: Burnaby
Posts: 1,798
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Playbook is dead? They've got much bigger problems than the Playbook.
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06-28-2013, 11:45 AM
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#5 | I Will not Admit my Addiction to RS
Join Date: May 2011 Location: Vancouver
Posts: 553
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| Quote:
Originally Posted by dangonay Playbook is dead? They've got much bigger problems than the Playbook. | They're getting hammered on the markets today. Shouldn't have projected such bold numbers before the launch of BB10.
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06-28-2013, 12:08 PM
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#6 | My dinner reheated before my turbo spooled
Join Date: Oct 2002 Location: Coquitlam
Posts: 1,798
Thanked 91 Times in 34 Posts
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I have high hope that they will deliver BB10 to playbook
at least before they go kaput
looks like we are not getting BB10 after all ... |
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06-28-2013, 12:26 PM
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#7 | I answer every Emotion with an emoticon
Join Date: Feb 2005 Location: somewhere
Posts: 7,906
Thanked 2,485 Times in 1,007 Posts
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maybe google will buy them like they bought Motorola...
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06-29-2013, 05:30 AM
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#8 | Even when im right, revscene.net is still right!
Join Date: Apr 2002 Location: Vancouver, B.C
Posts: 1,370
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Don't care. Once I got my Z10/Q10 it became useless. Posted via RS Mobile |
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06-29-2013, 05:47 AM
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#9 | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: May 2005
Posts: 20,406
Thanked 7,468 Times in 1,445 Posts
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Symbian RIP
Bada RIP
BBOS is about time too.
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06-29-2013, 10:42 AM
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#10 | #deephouse
Join Date: Mar 2010 Location: Vancouver
Posts: 4,194
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No sales for q10 counted basically.
I knew they were going to fall a bit more before they got back up, hopefully with the release of Q5, things might be looking up a bit better as it is more affordable for countries that can't afford to pay for the mid tier devices.
Q1 ended in May, so only so many countries had z10s actually released and q10 came out on may 5th to only two countries, now more than 10.
Aside from being so optimistic, if blackberry does not market their shit properly, they may, just may slowly get swallowed up but that would take a few years to get rid of 72 million subscribers.
I have a huge sense that people hate blackberry because of old devices but that should not rule out on Blackberry 10's qnx os because it's actually great and developing for blackberry is so easy.
I'm pretty disappointed in fact that after all this time they decided not to bring bb10 to the PlayBook, i was really looking forward to it. There is a 10.1 leak for it if anyone is eager to try it out.
__________________ /// x AMG
Last edited by knight604; 06-29-2013 at 12:35 PM.
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06-29-2013, 01:37 PM
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#11 | Need my Daily Fix of RS
Join Date: Jan 2007 Location: in a hole.
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^^^^ i'd like to try the leak. Post the link. Posted via RS Mobile |
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06-29-2013, 01:39 PM
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#12 | #deephouse
Join Date: Mar 2010 Location: Vancouver
Posts: 4,194
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__________________ /// x AMG |
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07-02-2013, 12:56 AM
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#13 | Why'd you do that for?
Join Date: Sep 2007 Location: Vancouver
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yes
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