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09-28-2016, 08:05 AM
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#1 | | RS has made me the bitter person i am today!
Join Date: Apr 2001 Location: Vancouver
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| Farewell to Blackberry handsets.
Saw this coming ages ago but here we are.... BlackBerry to stop making phones, reports sharp drop in revenue - Business - CBC News
BlackBerry stop manufacturing the hardware for its smartphones and instead outsource that to partners, the Waterloo-based company said on Wednesday as it reported another loss and sharp drop in revenue.
Shares of BlackBerry gained more than five per cent on the TSX following the announcement.
The net loss came to $372 million US, or 71 cents a share, on revenue of $334 million, as the company booked $147 million in charges from its reorganization. Second-quarter revenue fell 31.8 per cent from a year earlier.
A year ago, it reported a profit of $51 million, or 24 cents a share, on revenue of $490 million.
Excluding one-time items, the company said it broke even. On that basis, analysts had on average expected an adjusted loss of five cents a share on revenue of $393.75 million, according to Thomson Reuters.
But beyond the numbers, the real news was the company announcing plans to stop building its own hardware devices, and instead focus on making the software that goes into them.
"The company plans to end all internal hardware development and will outsource that function to partners," BlackBerry said.
That means the company plans to work with other technology manufacturers to build devices that are branded as BlackBerrys and come with all the company's software and internal workings.
The company announced its first such partnership in a separate release Wednesday, working with one of Indonesia's largest telecom companies on a joint venture to make smartphones for that market.
"BlackBerry is no longer just about the smartphone, but the smart in the phone," chief executive John Chen added.
It's an extension of an existing strategy at the company, which already works with partners to make a couple of phones. But by next February, the end of the company's fiscal year, BlackBerry will have completely exited the hardware business.
The company raised its forcast for the year, saying it now expects to lose between 5 cents per share, or maybe break even. That compares with an earlier forecast of a 15 cent loss, after refinancing its debt and as margins improved.
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09-28-2016, 08:13 AM
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#2 | | Pull Out Towing. Women rescued for free.
Join Date: Mar 2002 Location: Hongcouver
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They will not be making their own phones but instead will outsource it to their partners and will install their software into them to compete against IOS and Android, if I am reading the article correctly.
And if that doesn't increase revenue, then bye bye company.
__________________ Originally posted by Iceman_19 you should have tried to touch his penis. that really throws them off. Originally posted by The7even SumAznGuy > Billboa Originally posted by 1990TSI SumAznGuy> Internet > tinytrix Quote:
Originally Posted by tofu1413  and icing on the cake, lady driving a newer chrysler 200 infront of me... jumped out of her car, dropped her pants, did an immediate squat and did probably the longest public relief ever...... steam and all. | (11-0-0) Buy/Sell rating Christine Shitvic Pull Out Towing | |
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09-28-2016, 08:23 AM
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#3 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
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blackberry fucked up when it decided to market their phones to teenagers and not corporations.
should've been niche and made a killing promoting corporate security - i mean shit, if it was good for POTUS, why isn't it good for your CEO?
they also should've opened up BBM to android and ios waaay earlier. But the CEO's were too busy trying to stick it to NHL they forgot about their money maker...
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | |
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09-28-2016, 09:37 AM
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#4 | | Pull Out Towing. Women rescued for free.
Join Date: Mar 2002 Location: Hongcouver
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^^^
That and they were too slow to adapt to the changing market.
They were ripping companies off with a dumbed down version of their phones with no cameras or mp3 player. People who had a choice, went with a smart phone instead of a phone with only a QWERTY keyboard.
__________________ Originally posted by Iceman_19 you should have tried to touch his penis. that really throws them off. Originally posted by The7even SumAznGuy > Billboa Originally posted by 1990TSI SumAznGuy> Internet > tinytrix Quote:
Originally Posted by tofu1413 and icing on the cake, lady driving a newer chrysler 200 infront of me... jumped out of her car, dropped her pants, did an immediate squat and did probably the longest public relief ever...... steam and all. | (11-0-0) Buy/Sell rating Christine Shitvic Pull Out Towing | |
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09-28-2016, 09:44 AM
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#5 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
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blackberry was still making phones?
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09-28-2016, 12:20 PM
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#6 | | #deephouse
Join Date: Mar 2010 Location: Vancouver
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First off, Blackberry hasn't produced it's own hardware in YEARS. The Blackberry Passport was the last device to be made by Blackberry's own assembly team. The Classic was produced by Foxconn. The Priv was also produced by Foxconn. Alcatel/TCL made the DTEK50 + soon to be DTEK60.
AMA Blackberry.
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/// x AMG
Last edited by knight604; 09-28-2016 at 01:07 PM.
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09-28-2016, 12:42 PM
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#7 | | OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2006 Location: Tres Ciudades
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Confusing thread title is confusing.
How is it farewell to Blackberry when they're not folding, but are instead outsourcing their phone assembly? (which has apparently been the case for a while now)
Article itself says they'll still continue to build devices branded as Blackberry...so...it's not a farewell.
__________________
"There's a lot of dead people who had the right of way."
"Never argue with stupid people, they will drag you down to their level and beat you with experience."
"I have a lot of beliefs, and I live by none of them. They're just my beliefs, they make me feel good about who I am. But if they get in the way of a thing I want, like I wanna jack off or something, I just do that." | |
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09-28-2016, 12:45 PM
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#8 | | #deephouse
Join Date: Mar 2010 Location: Vancouver
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Because half of the people on the internet love to read titles and not the story.
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/// x AMG | |
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09-28-2016, 03:31 PM
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#9 | | RS Veteran
Join Date: Dec 2001 Location: GTA
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RIP BB OS10
__________________ Quote:
Originally Posted by Badhobz I only get turned on by professional whores where whoring is their profession. Not whores who are professionals. yuck, that means I have to actually listen to the shit that comes out of their mouth. | | 
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09-28-2016, 04:39 PM
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#10 | | I help report spam so I got this! <--
Join Date: Dec 2010 Location: Vancouver
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Should have done this 7-8 years ago. Their phone design is nothing to be excited about. For one, they keep sticking with the physical keyboard which was OK when Apple and Samsung first started because their touch keyboards were shit. The Bold 9800 was pretty great then. These 2 improved their touch keyboards and nobody ever look back at the physical keyboard.
Blackbery devices were buggy as fuck. I remember buying a Playbook. What a fucking piece of shit it was. Wifi connection was spotty and usability was non-existent. It's like nobody QA the hardware out of the production line. Apple was just way ahead of everyone else in terms of user experience.
I agree they should have focused on their strength, which is corporate security, even managed services. They would still make a ton of money. There is such a thing as BYOD now but I've talked to enough IT managers, it is still a fucking headache.
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09-28-2016, 06:06 PM
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#11 | | I contribute to threads in the offtopic forum
Join Date: Apr 2001 Location: VAN/RMD/BBY
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In 2007 when Blackberry hit their peak, their market cap was about the same as Apple. Now they're at 4 Billion and Apple's over 600 Billion.  | |
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09-29-2016, 09:31 PM
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#12 | | Even when im right, revscene.net is still right!
Join Date: Apr 2002 Location: Vancouver, B.C
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Im still going to buy the dtek60 when it comes out. I do like the note 7 but they need to get their stuff sorted out, plus I love the monthly security updates BlackBerry provides to their phones.
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Team BlackBerry
AmeX Platinum members since
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09-29-2016, 10:50 PM
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#13 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Jun 2013 Location: Van
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Playbook was a POS. The device was nice, on the outside and hardware was good, but software was absolute shit.
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09-30-2016, 12:59 AM
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#14 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007 Location: Vancouver BC
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don't care if it's a Canadian company...can't wait until they fade to black given the security breach revealed earlier this year
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09-30-2016, 02:14 AM
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#15 | | I contribute to threads in the offtopic forum
Join Date: Mar 2005 Location: Surrey
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The last two Blackberries I've owned were the Blackberry Classic and the Blackberry PRIV. Both exceptional devices for what they were.
The classic wasn't terribly expensive and had a decent camera and AMAZING shape, design and feel. The build was supreme. Sound quality was also phenomenal. It worked perfectly for all my essentials; calling, texting, and Whatsapp.
The only downside was the Blackberry Store, it lacked app support.
The I chose the PRIV over my Note 5. Build quality wasn't the GREATEST but it worked really well for what it is, a Blackberry.
I honestly don't think there is room for any other brands. I even think Apple carved Samsung's way into the game because they needed A competitor to compare their devices and OS to. How any of these companies (Blackberry, HTC, LG, etc.) survive in this market is beyond my comprehension.
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09-30-2016, 08:32 AM
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#16 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
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Originally Posted by ZN6 Playbook was a POS. The device was nice, on the outside and hardware was good, but software was absolute shit. | i still use it though   wish you can root it to android.
when i first saw the thread title first thing i thought was....bye felicia... 
__________________ Feedback
http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
1 rat shit ruins the whole congee
originalhypa
You cannot live the life of a whore and expect a monument to your chastity | Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat
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09-30-2016, 10:11 AM
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#17 | | #deephouse
Join Date: Mar 2010 Location: Vancouver
Posts: 4,194
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Originally Posted by twitchyzero don't care if it's a Canadian company...can't wait until they fade to black given the security breach revealed earlier this year | What security breach?
If you mean the RCMP having access to the decryption key, it does not apply to devices after BBOS7 and only BBM was compromised if you were targeted. The messages on BBM are scrambled and was never advertised as secure. If you want true security, you would be BES.
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/// x AMG
Last edited by knight604; 09-30-2016 at 02:12 PM.
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10-04-2016, 11:32 PM
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#18 | | Even when im right, revscene.net is still right!
Join Date: Apr 2002 Location: Vancouver, B.C
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I agree the PlayBook was garbage compared to the competition and I bought the 32gb, 64gb and let version ......
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Team BlackBerry
AmeX Platinum members since
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10-09-2016, 11:42 PM
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#19 | | I *heart* Revscene.net very Muchie
Join Date: Aug 2008 Location: space
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I have bad luck with modern smart phones, blackberry being the worst
Everyone said there berries were in tough, but my curve was crap period
Smash that thing to pieces
__________________ http://i55.tinypic.com/jujz2q.gif Quote:
Originally Posted by hk20000 I went up to a cute chick and asked her if she'd let me take a photo of her for $30 she slapped me, she said to me that "I AIN'T A WHORE!"
But other than that I have seen every car on display in DTP just by cruising about in Richmond, thank you very much for collecting them together and get someone to sing a cover for "fuck you".
OH FUCK YOU OH OH OOOOH~ | Quote:
Originally Posted by Neva wtf man? what the hell kind of women do you go for? spca is for animals not dates... | | |
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