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Mar 21, 2015 04:22
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surprised they're not reporting it as 8,000.000 units sold
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Mar 21, 2015 06:38
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theflyingexecutive posted:surprised they're not reporting it as 8,000.000 units sold
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Mar 21, 2015 12:16
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http://www.reuters.com/article/2015/03/27/us-blackberry-results-idUSKBN0MN18G20150327quote:Our financial viability is no longer in question. We're now turning our attention to revenue stabilization," BlackBerry Chief Executive John Chen said on a conference call. quote:"Chen and his team are one of the better management teams out there," said BGC Partners analyst Colin Gillis. "But they have a lot of selling and a lot of execution to do." quote:Excluding one-time items, quarterly profit was $20 million, or 4 cents a share. Analysts, on average, looked for a loss of 4 cents a share. quote:BlackBerry reported positive cash flow of $76 million in the quarter, and its cash position rose to $3.27 billion in the fourth quarter, from $3.1 billion in the third quarter.  it will never die
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Mar 27, 2015 18:41
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mishaq posted:http://www.reuters.com/article/2015/03/27/us-blackberry-results-idUSKBN0MN18G20150327 those 8,000 units must have been really really expensive
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Mar 27, 2015 19:27
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guaranteed it's all the tail end of enterprise contracts signed >5 years ago
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Mar 27, 2015 21:16
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i found the problem "Excluding one-time items, quarterly profit was $20 million, or 4 cents a share." is actually "Non-GAAP earnings of $0.04 per share" "GAAP net loss for the quarter was $148 million, or $0.28 per share"
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Mar 27, 2015 21:22
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and they were cashflow positive thanks to a 105 million firesale of assets, mostly a bunch of patents
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Mar 27, 2015 21:26
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Pinterest Mom posted:and they were cashflow positive thanks to a 105 million firesale of assets, mostly a bunch of patents yep, it's all bullshit. they also cut their R&D budget to nothing, so that cuts down on expenses. the fact that nobody in the press is calling them out on it is shameful
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Mar 27, 2015 21:42
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Beeftweeter posted:those 8,000 units must have been really really expensive they're floating on BES license revenue
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Mar 27, 2015 21:48
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The Management posted:yep, it's all bullshit. they also cut their R&D budget to nothing, so that cuts down on expenses. the fact that nobody in the press is calling them out on it is shameful the nice thing about destroying your product pipeline is it takes 2-4 quarters for anyone to notice at which point you've stacked up another bonus or two and prepared your exit [if you're an executive]
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Mar 27, 2015 21:50
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Pinterest Mom posted:and they were cashflow positive thanks to a 105 million firesale of assets, mostly a bunch of patents How much stuff do they have left to sell?
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Mar 27, 2015 22:04
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eric posted:How much stuff do they have left to sell? blackberries are only manufactured when needed so nothing really
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Mar 27, 2015 22:45
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do they still have real estate left
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Mar 27, 2015 22:47
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Pinterest Mom posted:do they still have real estate left They sold pretty much every building in Waterloo and closed a call center in Halifax
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Mar 27, 2015 23:08
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looking at the q3 2015 financial statement, they had 1.1 billion in real estate+plants+equipment a year ago and six months later they had 588 million everything must go (the equivalent document for the most recent quarter isn't available yet) e: oh, found it, 556 million in the most recent quarter. the drop from 588 million is probably mostly depreciation. Pinterest Mom fucked around with this message at 23:16 on Mar 27, 2015 |
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Mar 27, 2015 23:12
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Pinterest Mom posted:looking at the q3 2015 financial statement, they had 1.1 billion in real estate+plants+equipment a year ago yeah somehow a big seller in their area sold a bunch of real estate driving prices down
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Mar 28, 2015 00:22
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Pinterest Mom posted:do they still have real estate left they've still got a couple buildings in mississauga that i'm pretty sure are theirs.
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Mar 29, 2015 17:36
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infernal machines posted:mississauga gently caress you there's no way this is the real name of a real place.
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Mar 30, 2015 06:17
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teamdest posted:gently caress you there's no way this is the real name of a real place. we named our cities after the aboriginal tribes we stole them from. canada is hardcore like that
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Mar 30, 2015 06:19
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teamdest posted:gently caress you there's no way this is the real name of a real place. salmon arm
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Mar 30, 2015 06:21
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infernal machines posted:we named our cities after the aboriginal tribes we stole them from. the us does this too
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Mar 30, 2015 06:53
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Canada has basically honored 0 agreements towards the first peoples. The only ones we deal with are the ones lucky enough to still survive america at least honored a couple infernal machines posted:we named our cities after the aboriginal tribes we stole them from. British North America knows how to conduct "quiet" genocide like no other Mister Facetious fucked around with this message at 07:19 on Mar 30, 2015 |
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Mar 30, 2015 07:16
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Mister Macys posted:Canada has basically honored 0 agreements towards the first peoples. The only ones we deal with are the ones lucky enough to still survive aww would you like a blanket?
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Mar 30, 2015 07:26
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i don't defend mass murder, i call it out
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Mar 30, 2015 07:59
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i wouldn't mind a Che-style Louis Riel shirt to gently caress with the two canadians who'd get the reference
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Mar 30, 2015 08:10
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Mister Macys posted:Canada has basically honored 0 agreements towards the first peoples. The only ones we deal with are the ones lucky enough to still survive what about the first peoples...of the smartphone industry
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Mar 30, 2015 12:54
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Santas Ainol Elf posted:what about the first peoples...of the smartphone industry they subcontracted that out to the cartel of Rogers, Bell, and Telus.
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Mar 30, 2015 16:49
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the canadian media establishment is seeing signs of trouble for blackberry
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Mar 30, 2015 19:35
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Pinterest Mom posted:the canadian media establishment is seeing signs of trouble for blackberry time for the teacher's pension fund to invest massively in blackberry then
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Mar 30, 2015 20:04
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you mean "again" right they bought 90 million worth of shares in november
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Mar 30, 2015 20:06
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of course they did, i wonder if they are still buying those sweet nortel shares as well (of course they do)
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Mar 30, 2015 21:03
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which reminds me of this story I offer the following story with apologies to Dean Staff who appears to be the author of the original version. Big Ted lived a full life and died in the year 2000, leaving only $10,000 to be split equally between his sons Ted Junior and Tim. Tim took his $5000 and immediately invested in the hot stock of the day, Nortel. After paying the sales commission, he got 40 shares. Ted Junior was more like his father and decided to spend his money on a huge party for his friends. Ted’s $5000 paid for 166 cases of beer that was all consumed in a huge bash. It took a week to clean up after this party. Ted piled all the empties in the back of his garage and forgot about them for a long time. A month ago, Ted decided to clean out his garage. A few of his friends who had partied with him over 8 years earlier helped bring all the empties back to the beer store. There was surprisingly little breakage, and Ted got back enough from the empties to buy 13 more cases of beer for another smaller party. This time Ted took the empties back to the beer store promptly for a return of 13x$2.40=$31.20. This was just enough to buy another case. He finished the last beer in that case last night and cashed in the empties this morning for $2.40. Over his coffee this morning, Tim was checking his stocks. At the bottom of the list was the sad line showing his shares of Nortel. After the 10 to 1 reverse split of Nortel stock, Tim’s 40 shares had turned into only 4 shares. They now trade for only 10 cents each. Tim’s original $5000 investment is now worth $0.40. Ted the partier put everything he had into beer three times, and he still has more money than his brother Tim who invested “for the future.” People are likely to see different morals in a story like this. Some will say “live for today.” Others might say that stocks are too dangerous. I think the real moral is to avoid buying the hot stock of the day and make sure that your investments are properly diversified.
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Mar 30, 2015 21:05
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i remember how pissed ontario teachers were when nortel poo poo itself. it was ugly.
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Mar 30, 2015 21:07
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well if they try a demonstration this time, how many things have to go wrong for the police not to get to machinegun them?
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Mar 30, 2015 21:09
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the moral of the story is to convert your money into bitcoins that you can trade for an iphone that turns out to be bits of string and a washer in the wendys parking lot after they close
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Mar 30, 2015 22:03
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Pinterest Mom posted:you mean "again" right What's it worth now? 
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Mar 30, 2015 22:34
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Mister Macys posted:What's it worth now? a nice tax loss harvest e: (depending on when they bought it I think 65-80M) Subjunctive fucked around with this message at 22:43 on Mar 30, 2015 |
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Mar 30, 2015 22:39
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infernal machines posted:i remember how pissed ontario teachers were when nortel poo poo itself. it was loving hilarious I knew a guy who worked at nortel and was oh so smug about being an engineer and
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Mar 31, 2015 00:31
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FrozenVent posted:it was loving hilarious me too. i lived in brampton at the time, the same city where nortel had their massive business campus. those were interesting times
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Mar 31, 2015 00:38
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