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Old 03-22-2013, 04:08 PM   #1 (permalink)
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Exclamation Uh Oh! BBRY Slow Out of the Gate in the US

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Anecdotal of course but it looks like BBRY release of the Z10 in the US has seen less than stellar results. Stock down about 10%.

Last edited by shootsscores : 03-22-2013 at 04:12 PM.
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Old 03-22-2013, 04:57 PM   #2 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

Just saw a guy on CNBC bashing the Z10 saying that he went to a Verizon store and BB is doomed because no one is buying them. The fact that Verizon doesn't even stock the Z10 yet is of little import when it comes to shorts. BB has a big Mountain to climb. Sentiment against the company in the US huge.
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Old 03-23-2013, 08:39 AM   #3 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

This is the wrong section for financial discussions. What's a BBRY?
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Old 03-23-2013, 10:19 AM   #4 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

This thread has more to do with a faltering device launch than financials. Anti BlackBerry sentiment is high in the US.
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Old 03-23-2013, 12:16 PM   #5 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

Which is economic.
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Old 03-23-2013, 01:57 PM   #6 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

A slew of negative reviews from mainstream sources such as CNN. Let's hope BB cab weather this tempest long enough so that the qualities of its new OS can begin to be recognized.
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Old 03-23-2013, 02:21 PM   #7 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

99% of the reviews are garbage - often written by analysts who have hardly used the device if they've used it at all.
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Old 03-24-2013, 07:22 AM   #8 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

And the device has only been out in the USA for ONE DAY.
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Old 03-25-2013, 12:30 PM   #9 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

I heard this exact same message from a family member this weekend. All gloom and doom. I didn't have the heart to remind them that the thing just launched on Friday.
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Old 03-26-2013, 12:08 AM   #10 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

Relying on stock price or forecasts to judge a company shows a person doesn't understand the resale portion of the stock market, regardless of country.

The stock market is tied to the non-gambling, real economy by loose rubber bands at the tightest. It is all numbers in "the cloud" until converted to cash to buy groceries.

Want a good measure? How well are the devices selling as compared to the competition? Doesn't matter the technology or anything else. It is only sales and profits.
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Old 03-26-2013, 05:17 AM   #11 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

No lines.
No marketing.
No buzz.
Plenty of inventory.

That's how it is selling in the US now.
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Old 03-26-2013, 06:36 AM   #12 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

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Originally Posted by NJBlackBerry View Post
No lines.
No marketing.
No buzz.
Plenty of inventory.

That's how it is selling in the US now.
I can vouch for the no lines, but I didn't mind.
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Old 03-26-2013, 09:21 AM   #13 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

Quote:
Originally Posted by NoBox View Post
Relying on stock price or forecasts to judge a company shows a person doesn't understand the resale portion of the stock market, regardless of country.

The stock market is tied to the non-gambling, real economy by loose rubber bands at the tightest. It is all numbers in "the cloud" until converted to cash to buy groceries.

Want a good measure? How well are the devices selling as compared to the competition? Doesn't matter the technology or anything else. It is only sales and profits.
I merely mentioned the stock price as a gauge of sentiment on "the street". When you see coverage from such sources as CNBC for example and an "analyst" says that BBRY is doomed because no one in buying them at Verizon stores over a week before Verizon stores have even received any inventory, I use it only as an indicator of sentiment.

Anti BlackBerry sentiment is very high in the US and BBRY has a tough row to hoe to reclaim market share. If sales staff at various outlets believe that BlackBerry is going into bankruptcy (which is a common meme), they won't have the same zeal to sell the devices as they might with competing devices. Many customers will come in with the same mind set (BlackBerrys need battery pulls and the company is going out of business and more processors is better and state of the art, etc.) and won't ask for a Z10 which the sales staff won't show them anyway (because they read on the intertrons that BlackBerry is going out of business) and we have a Catch 22.

Going to be a challenge for Blackberry in the US and the US is a market in which they need to succeed.

Anxiously awaiting my Verizon Z10 to be delivered.
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Old 03-26-2013, 10:15 AM   #14 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

Quote:
Originally Posted by shootsscores View Post
Anti BlackBerry sentiment is very high in the US and BBRY has a tough row to hoe to reclaim market share. If sales staff at various outlets believe that BlackBerry is going into bankruptcy (which is a common meme), they won't have the same zeal to sell the devices as they might with competing devices. Many customers will come in with the same mind set (BlackBerrys need battery pulls and the company is going out of business and more processors is better and state of the art, etc.) and won't ask for a Z10 which the sales staff won't show them anyway (because they read on the intertrons that BlackBerry is going out of business) and we have a Catch 22.
This reminds me of the AT&T commercials with the little kids. I have no idea what you just typed.
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Old 03-26-2013, 12:19 PM   #15 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

It boils down to anti BlackBerry sentiment hampering sales in a key market.

The stock performance reflects the general bias.

It's going to be difficult for Blackberry to overcome years of negative press.
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Old 03-26-2013, 01:08 PM   #16 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

Quote:
Originally Posted by shootsscores View Post
It boils down to anti BlackBerry sentiment hampering sales in a key market.

The stock performance reflects the general bias.

It's going to be difficult for Blackberry to overcome years of negative press.
Ok.
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Old 03-29-2013, 02:11 PM   #17 (permalink)
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Default Re: Uh Oh! BBRY Slow Out of the Gate in the US

Quote:
Originally Posted by shootsscores View Post
It boils down to anti BlackBerry sentiment hampering sales in a key market.

The stock performance reflects the general bias.

It's going to be difficult for Blackberry to overcome years of negative press.
Yes, the anti-Blackberry sentiment is definitely a factor.

But the company should have done a better job of generating the "buzz" and creating the "need". They also seriously dropped the ball with delayed release in US market. And let's not start the argument that vendors delayed the release - the devices should have been given to vendors for testing and approval in advance.

On the personal note I have been waiting to upgrade to Z10 and will, hopefully, make a trip to the store this weekend.
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