Zacks View :Why BlackBerry (BBRY) Could Beat Earnings Estimates Again

Looking for a stock that might be in a good position to beat earnings at its next report? Consider BlackBerry Limited (BBRY), a firm in the Wireless Industry, which could be a great candidate for another beat.

This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. In fact, in these reports, BBRY has beaten estimates by at least 55.0% in both cases, suggesting it has a nice short-term history of crushing expectations.

Earnings in Focus

Two quarters ago, BBRY expected to post a loss per share of 56 cents per share, while the company posted loss per share of 8 cents, a significant beat. Meanwhile, for the most recent quarter, the company looked to deliver loss per share of 27 cents, when it actually saw loss per share of 11 cents instead, representing a 59.3% positive surprise.

Thanks in part to this history, estimates have been moving higher for BlackBerry. In fact, the Earnings ESP for BBRY is positive, which is a great sign of a coming beat.

After all, the Zacks Earnings ESP compares the most accurate estimate to the broad consensus, looking to find stocks that have seen big revisions as of late, suggesting that analysts have recently become more bullish on the company’s earnings prospects. This is the case for BBRY, as the firm currently has a Zacks Earnings ESP of 59.9 %, so another beat could be around the corner.

This is particularly true when you consider that BBRY has a great Zacks Rank #2 (Buy) which can be a harbinger of outperformance and a signal for a strong earnings profile. And when you add this solid Zacks Rank to a positive Earnings ESP, a positive earnings surprise happens nearly 70% of the time, so it seems pretty likely that BBRY could see another beat at its next report, especially if recent trends are any guide.

BlackBerry looks to partnerships to compete with Apple and IBM venture

” In Talks ” drives the market players back into BBRY.

BlackBerry Limited (BBRY)


10.18 Up 0.35(3.61%) 11:08AM EDT – Nasdaq Real Time Price
Prev Close: 9.83
Open: 9.78
Bid: 10.16 x 7800
Ask: 10.16 x 300
1y Target Est: 8.55
Beta: 0.45
Next Earnings Date: 26-Sep-14BBRY Earnings announcement
Day’s Range: 9.70 – 10.24
52wk Range: 5.44 – 12.18
Volume: 13,554,172
Avg Vol (3m): 14,921,000
Market Cap: 5.29B
P/E (ttm): N/A
EPS (ttm): -11.18
Div & Yield: N/A (N/


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By Daniel Thomas, Financial Times  Telecoms Correspondent

ll almost five per cent last week after IBM said it would work with Apple to sell iPhones and iPads loaded with applications for business users. The tie-up was seen by analysts as a direct challenge for customers that use BlackBerry’s enterprise services.
IBM is planning more than 100 apps targeting industries such as retail, healthcare, banking, travel, transportation and telecommunications, with a focus on security and mobile device management.
Mr Chen has also focused BlackBerry on driving enterprise sales in similar areas since joining as chief executive last year, using its market leading security software combined with devices, servers and messaging services.
Mr Chen said that the partnership between Apple and IBM was both good and bad news for BlackBerry. He likened the tie-up to when “two elephants start dancing”, adding that it would be interesting to see how they worked together given both companies “are used to taking charge”.
“The IBM-Apple tie-up validates what is a huge market,” he said. “[But] the bad news is that you are waking up two giants. It’s competition but it’s good competition and we are going to be more nimble. You don’t want to be a strong guy in a market that is not growing.”

Mr Chen said that BlackBerry was in talks about its own partnerships. “I am working on some, and maybe we will collaborate with others. If I focus on security and identity management then we will be a good solid partner in this enterprise world.
“I am not afraid of competing when I know I am more nimble. I never think [that] going alone is the right strategy. But we have a value add that no one else can do.”
Mr Chen said that BlackBerry was out of danger having almost completed its restructuring. BlackBerry will focus on enterprise customers rather than the consumer business for now, said Mr Chen.
Consumer sales of BlackBerry phones for have fallen, with less than 2 per cent market share in many Western markets, according to Kantar, the research group.
Mr Chen said that even forthcoming handsets such as the square-shaped Passport – which is expected to be released in September – were geared towards being used by enterprise customers in core “regulated industries” such as financial services and healthcare.

BlackBerry Passport extensive hands-on video leaks

The upcoming BlackBerry Passport is certainly one of the most unorthodox devices currently in the rumor mill. Packing a square screen with a resolution of 1440 x 1440 pixels, the Passport is probably the last chance for the troubled company to save itself.
The smartphone was already showcased by BlackBerry’s CEO himself, but outside of some live shots and vague specs info we didn’t get to learn much about it back then. Now however, a leaked video shows the BlackBerry Passport in action, demonstrating its UI and some of its cool new features.
A particularly impressive feature is the touch-sensitive three-row QWERTY keyboard that doubles as a trackpad. It gets its time in the spotlight towards the end of the video.

The BlackBerry Passport will launch in September at an yet unknown price.

BlackBerry Passport discussions are flooding the web, and now a new hands-on video reveals the specifications and features of the upcoming device.

BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB)’s much talked Passport smartphone video has surfaced online following the multiple pictures that stormed earlier revealing specs and form factor of the phone. The video, also, shows the specs and features of the device in action.

10,900 results (0.18 seconds)

BlackBerry Passport

BlackBerry Passport uses metal, plastic

The hands-on video has been uploaded by YouTube by an Arabic source. As per the video, the new device is designed using plastic and metal. On the USP front, the video reveals that the Passport is the first BB10 device with a three-row keyboard, which has a touch-sensitive input support. The source, also, revealed that apart from the personal voice assistant, the new device could also have improved video player and browser.

The new smartphone from the house of BlackBerry is expected to launch in September with an updated version of BlackBerry mobile OS, BlackBerry 10.3. Other specifications of the phone are 4.5 inches square display with a resolution of 1440×1440 pixels along with a three-row QWERTYkeyboard.

BlackBerry Passport will be powered by a quad-core Qualcomm Snapdragon 801 processor with a clock speed to 2.5GHz. The new device will have 3GB of RAM and 32GB included storage. The device will sport a front camera of 3.7 megapixel, and rear camera is expected to be of 8 megapixels. The handset will sit on 3450 mAh battery, 200,000 Android apps through the Amazon app store with over

Some compelling specs for users

BlackBerry 10 is touch friendly, but Passport is a step ahead with a slim keyboard for alternate keys and shortcuts, as well as trackpad/mouse for toggling and controls. With the help high resolution track-pad user will be able to offer better movement, precise control compared to only touchscreen phones.

Passport smartphone will be able to show 60 characters in a line, in comparison to most academic textbooks that show 66 characters in line and rectangular phones show just 40 characters in a line. So, the Passport can be easily used for reading e-books and surfing the web. Also, there is no such thing like optimizing the view by tilting the screen as Passport can offer optimum view of the content displayed horizontally or vertically.

CEO John Chen notes that Passport is made specifically for the businessmen keeping in mind what they want from a phone.

Jim Cramer on Blackberry

Highlights from the analysis by TheStreet Ratings Team goes as follows:
NEW YORK (TheStreet) — BlackBerry (BBRY_) was falling 4.8% to $10.76 Wednesday following the announcement of Apple’s (AAPL_) partnership with IBM (IBM_) to develop mobile apps for enterprise.

Apple’s partnership with IBM will see the two companies develop 100 apps for iPhone and iPad for businesses. The apps will help bring IBM’s big data tools and other services to iOS devices, with the hope of making them better suited for business use.

The deal, which hopes to “transform enterprise mobile” will increase competition for BlackBerry, which offers a secure communications platform for enterpris
The Street Ratings team rates BLACKBERRY LTD as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:

“We rate BLACKBERRY LTD (BBRY) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company’s weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, disappointing return on equity and weak operating cash flow.”
BLACKBERRY LTD has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has suffered a declining pattern earnings per share over the past two years. During the past fiscal year, BLACKBERRY LTD reported poor results of -$11.17 versus -$1.20 in the prior year.
Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Computers & Peripherals industry and the overall market, BLACKBERRY LTD’s return on equity significantly trails that of both the industry average and the S&P 500.
Net operating cash flow has significantly decreased to $302.00 million or 52.06% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm’s growth rate is much lower.
BBRY, with its very weak revenue results, has greatly underperformed against the industry average of 2.4%. Since the same quarter one year prior, revenues plummeted by 68.5%. Weakness in the company’s revenue seems to have hurt the bottom line, decreasing earnings per share.
Despite currently having a low debt-to-equity ratio of 0.36, it is higher than that of the industry average, inferring that management of debt levels may need to be evaluated further. Despite the fact that BBRY’s debt-to-equity ratio is mixed in its results, the company’s quick ratio of 2.11 is high and demonstrates strong liquidity.

Why India Matters To Blackberry ( The Motley Fool)

The recent news that Blackberry quickly sold  a 25,000 allotment in India hardly seems significant – but it is significant to the future of Blackberry.


  • BlackBerry’s stock up sharply in past three months.
  • Z3 launched in India following introduction in Indonesia.
  • More new models like the Passport are on the way.
  • The company is a decent speculation on continued turnaround progress.

It seems that the Indian smartphone industry will continue to outperform globally. With the introduction of several low-cost smartphones and discounted data tariffs, smartphone shipments in the country surged 244% during fiscal year 2014, according to India-based Manufacturer’s Association of Information Technology.

The industry body, going forward, estimates the Indian smartphone industry will double in size during fiscal year 2015; gradually increasing 3G penetration rate and the introduction of next-gen 4G network will compel consumers to upgrade their smartphones. Let’s see what Apple(NASDAQ: AAPL  ) , Blackberry (NASDAQ: BBRY  ) , and Nokia (NYSE: NOK  ) are doing to capture this explosive expected growth.

Boosting affordability
Long-standing premium smartphone vendor Apple is globally known for its expensive but high-quality products. And to grab a substantial market share in India, Apple is trying to boost its affordability-factor among middle-income Indians.

For instance, Deutsche Bank recently found that iPhone 5s has been priced — in terms of U.S dollars — lower in India than several other international markets. Plus, the 8GB iPhone 5c variant, under a promotional buyback scheme, is currently available for about $490 in the country — down from its launch price of $625.

This kind of strategic pricing, along with Apple’s aggressive advertising campaigns in popular Indian media outlets, seems to have contributed immensely toward the smartphone vendor’s growth in the country.

Tim Cook recently noted, “[During the second quarter of fiscal year 2014] iPhone sales grew by strong double-digits year-over-year, and in India and Vietnam sales more than doubled.”

Needless to say, Apple India is doing a commendable job. Going forward, if speculative reports are to be believed, the upcoming iPhone 6 will be priced lower than the current iPhone 5s. In that case, the increased affordability factor might as well contribute in boosting Apple’s growth in the country.

Apple India had a 1.7% volume-based market share in the quarter ended December, according to IDC.

Expanding product line
Nokia, on the other hand, is aiming to reach a broad spectrum of consumers. For instance, its Lumia range consists 14 smartphones within a price band of $140-$700. Its latest Android-based X series currently offers three smartphone variants priced between $120-$190.

The Finnish giant recently added Lumia 630, 635, 930, and Nokia X2 to its already diversified product portfolio.

Market tracker CMR estimates that smartphones selling within a price band of $250-$330, represent about 8% of the total smartphone sales in India. This suggests that Nokia’s wide range of smartphone offerings are favorably priced and well-positioned to lure a huge base of budget-conscious Indian consumers.

Nokia India enjoyed a healthy 17.5% volume-based market share during the first quarter of fiscal year 2014, according to CMR India.

Entering the budget-friendly territory
Even Blackberry appears to be showing some promise lately. The Canadian smartphone vendor had slashed its Z10 prices by 60% in past February, under a 60-day limited-period offer. Shortly after, the company ran out of Z10 stock. But now that the promotional period is over, Blackberry hasn’t rolled back its prices.

The financially troubled smartphone giant also slashed its Z30 prices by 15% last month under a limited 60-day promotional offer. Gauging by Z10’s recent pricing history, however, it is highly unlikely that the smartphone vendor will roll back its prices.

In addition, Blackberry recently introduced its latest OS 10-based Z3 in India. Priced at about $250, the Z3 provides competitive hardware and a phablet-experience to budget-conscious consumers.

This kind of strategic pricing should, in theory, contribute in winning back some of Blackberry India’s lost market share — which stood at 0.83% during 2013.

Foolish final thoughts
India is the third largest and the fastest growing smartphone market. And to capture this explosive growth potential, Apple, Nokia, and Blackberry are competing on price. Investors, therefore, might want to keep a close eye on how their marketing campaigns contribute in boosting their market share.


Leaked: Apple’s next smart device (warning, it may shock you)
Apple recently recruited a secret-development “dream team” to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are claiming its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple’s gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors.


BlackBerry Debuts Passport

An image posted on the Inside BlackBerry blog compares spreadsheets displayed on the BlackBerry Passport to those on phones with rectangular screens.

With a 4.5-in square display, the new BlackBerry (BBRY) Passport doesn’t look much like other smartphones. The company unveiled the new device this week, hyping up its suitability for reading spreadsheets, e-books and other documents. It is expected to debut in Sept. In other news, Apple (AAPL) patented a method for building seamless all-glass devices using glass-fusing technology. BlackBerry shares rose 4.2% to 11.40. Apple rose 0.04% to 95.39

BlackBerry officially unveiled a new phone this week with a very unusual screen shape — it’s perfectly square.

The BlackBerry Passport features a “unique 4.5-inch square screen with full HD capabilities,” said a post on the company’s official Inside BlackBerry blog earlier this week, which included photos of the device.
It has a separate keyboard below the screen, like traditional BlackBerry smartphones, but it contains only letters, not numbers or punctuation.

The square screen gives it similar viewing space to a phone with a rectangular screen that measures five inches across the diagonal, and allows it to show 60 characters on each line, instead of the 40 on most rectangular smartphone screens, wrote Matt Young, author of the blog post.

“Academic research has shown that the optimal number of characters on a line in a book is 66 characters,” he said.

He added that users will also no longer have to worry about whether the phone is in portrait or landscape orientation for optimal viewing of documents, spreadsheets or images, making it ideal for professional users such as architects or doctors.

The Passport was first announced by CEO John Chen during an earnings report in June, when he said there would be an official launch in London in September, the technology blog MobileSyrup reported at the time. Since then, various photos of the device have been floating around the internet.

At least some tech watchers seemed open to the idea.

“The Passport could help BlackBerry reconnect with its traditional business and government customer,” wrote Ben Fox Rubin of the technology news site CNET, “though some may still be wondering whether a square phone will fit in their pockets.”

Those commenting on the official blog post had mixed responses.

“In my mind this could quite possibly the best phone design ever,” gushed a user named Roy Whitney.

Another user called OWC wrote, “No thanks. I miss the alt and shift key!

Investors Reaction – with the DOW off 100 points :


Above Average
As of 10 Jul 2014 at 10:47 AM EDT.



Open 11.09 P/E Ratio (TTM)
Last Bid/Size 11.58 / 69 EPS (TTM) -11.39
Last Ask/Size 11.59 / 24 Next Earnings 26 Sep 2014
Previous Close 11.40 Beta 1.17
Volume 10,478,168 Last Dividend
Average Volume 22,350,378 Dividend Yield 0.00%
Day High 11.60 Ex-Dividend Date
Day Low 11.02 Shares Outstanding 526.9M
52 Week High 12.18 # of Floating Shares 500.0557M
52 Week Low 5.44 Short Interest as % of Float 19.19%

CEO Endorses Blackberry

Talking Numbers Bullish Techs

This beaten stock could be worth another look
By Lawrence Lewitinn
3 hours ago
Talking Numbers
Think BlackBerrys are obsolete? Well, many of the biggest names in media and technology think otherwise.

At the annual Allen & Co. Sun Valley Conference, which brings together media titans from all over the world, AOL CEO Tim Armstrong said in an interview with CNBC’s Kyle Tausche:

“The Blackberry for me is a utility. And if you look around Sun Valley, you look around probably your studios, you see people who have to do a tremendous amount of work utilities on BlackBerrys.… The future hopefully will be driven by utility. I don’t know what their plans are, but I’d be happy if they did well.”

However, BlackBerry is in the process of reinventing itself, focusing more on enterprise and platform software rather than the smartphones it once dominated. The market has even expressed some confidence in BlackBerry CEO John Chen’s efforts to turn the company around. Since Chen took the helm in November, the stock is up 47 percent.

Nonetheless, BlackBerry still has a long way to go from when it was the biggest name in smartphones. In mid-2008, its market value was $78.4 billion. Today, it’s worth just $6 billion.

But, BlackBerry’s stock may be worth a second look, according to Richard Ross, global technical strategist at Auerbach Grayson. “I took BlackBerry off my screen,” he admitted. “It’s not really a stock I’ve been watching and for good reason. But, when I looked at the chart this morning, I thought to myself, ‘this is a stock you have to keep an eye on.’”
Looking at a short-term chart of BlackBerry’s stock, Ross sees a bullish head-and-shoulders bottom pattern that has formed over the past year, with a neckline at around $11 per share. The stock broke above that price on Wednesday. Should it stay above there convincingly, that could be good news for shareholders, according to Ross.
“Break above that key neckline resistance and there could be some real upside here for this stock,” said Ross, a “Talking Numbers” contributor.
This comes simultaneously to BlackBerry’s stock hitting another key resistance level: its 150-week moving average. It has “been below this 150-week moving average now for over five years,” Ross said. “If you can get back above that 150-week moving average, which comes in around $11.70, there could be some upside to that previous resistance at the 2013 highs up at around $18 – $19.”
For Steve Cortes, founder of Veracruz TJM, the catalyst for BlackBerry to break higher will be growth in its enterprise and QNX divisions. QNX is the operating system installed in an estimated 11.6 million vehicles as of last year.

“The things they are doing in the automotive field in terms of infotainment in cars, they are really the leader in that market right now,” Cortes said. “The things they are doing in healthcare are incredibly exciting.”

Plus, Cortes believes BlackBerry has limited downside, making him a fan of the stock. “It owns a ton of patents that are worth practically the market capital of the company,” he said. “I think that puts a bit of a floor underneath the stock price here.”

To see the full discussion on BlackBerry, with Ross on the technicals and Cortes on the fundamentals, see the above video.

Trading Alert BBRY Blackberry Moving Past Resistance

Please refer to our article of July 8th
Blackberry – BBRY Fever $30 Target ?

published July 8,2014

BlackBerry: Never Mind The Bears, I Won’t Sell Below $30…fer to our earlier article


Jack A. Bass Managed Accounts re-entered at $10.02

As of 09 Jul 2014 at 11:56 AM EDT.


Open 11.02 P/E Ratio (TTM) –
Last Bid/Size 11.31 / 89 EPS (TTM) -11.39
Last Ask/Size 11.32 / 115

Next Earnings 26 Sep 2014
Previous Close 10.94 Beta 1.17
Volume 11,691,432 Last Dividend –
Average Volume 20,370,276 Dividend Yield 0.00%
Day High 11.32 Ex-Dividend Date –
Day Low 11.00 Shares Outstanding 526.9M
52 Week High 12.18 # of Floating Shares 500.0557M
52 Week Low 5.44 Short Interest as % of Float 19.19%
1 Day|5 Da

Blackberry – BBRY Fever $30 Target ?


published today July 8,2014


  • BlackBerry has surprised investors with a series of good news lately.
  • BlackBerry’s house cleaning operation last year has been successful, and set the ground for future growth.
  • Once BlackBerry reports operating cash flow profitability, investors will pile into the stock.
  • Investor sentiment is gradually changing, which is a key requirement for higher stock prices.

a general contempt , sadness and scorn for the once mighty smartphone maker is being replaced with calls of a rise due to the new management, short squeeze and reassessment of the prospects of the ” new ” BBRY.

here is a sample from Seeking Alpha Article list for Blackberry

BlackBerry defends the Passport
Shares of Canadian handset company BlackBerry fell 5%, giving back nearly all of Monday’s gain. BlackBerry has been an especially volatile stock in recent sessions, so its decline is not surprising.

Late on Monday, BlackBerry published an official blog post defending the design of its upcoming handset, the Passport. The BlackBerry Passport has received a notable level of attention in recent weeks due to its unconventional design: a large phone with a physical keyboard and square-shaped body.

BlackBerry argues that the Passport’s square screen is ideal for productivity — at 4.5-inches, it isn’t as large as some of the larger Android handsets on the market, but the added width makes it easier for users to view documents.

The Passport alone won’t dictate BlackBerry’s future, but success here could help the company erase its losses. Last quarter, the company lost money, though less than analysts had anticipated. BlackBerry’s management aims to hit breakeven by the end of the year.

Blackberry In India Healthcare Services Launch plus Goldman PR Boost

BlackBerry plans healthcare services platform in

India according to the Economic Times

(“Work has started on it but…)

BANGALORE: After losing ground in the smartphone race, Canada’s BlackBerry is attempting to make a dent in the internet of things space by launching a healthcare service that will integrate thousands of medical devices to enable early detection of illnesses.

The company will soon announce the launch of a connected healthcare service in partnership with US-based healthcare technology firm NantHealth as it looks beyond smartphones in the Indian market, one of the few where Black-Berry’s revenue is still growing.

The NantHealth platform is currently installed at about 250 hospitals globally, and connects more than 16,000 medical devices collecting more than 3 billion vital signs annually.

“Work has started on it but we haven’t finalised an official launch date,” said Sunil Lalvani, managing director, Black-Berry India. “We are running trials with multiple hospitals in India. It includes integration with different hospital information systems as well as various medical equipment.”

Healthcare providers in India are expected to spend $1.08 billion (about Rs 6,400 crore) on IT products and services in 2014, a 4 per cent increase over the previous year, according to brokerage Equentis Capital.

NantHealth’s Clinical Operating System (cOS) platform integrates the knowledge base with the delivery and payment systems, and with BlackBerry’s QNX embedded technology, it combines secure cloud-based and supercomputing services to provide data integration, decision support and analytics.

BlackBerry bought a minority stake in the privately held NantHealth in April to enter the connected healthcare space. Medical equipment, such as scanners, dopplers and ECG machines, are among thousands of medical devices that can be integrated using cOS along with BlackBerry’s QNX. QNX, bought by BlackBerry in 2010, is an operating system, which the company used as a foundation for its revamped BB10 platform.

QNX commands a 53 per cent marketshare in automobile infotainment systems, where it has been used in over 200 models of cars, including those made by Ford, Mercedes, Audi and BMW, according to market research firm HIS. Apple’s recently announced platform for cars, CarPlay, also utilises QNX.


Above Average
As of 07 Jul 2014 at 10:37 AM EDT.



Open 10.62 P/E Ratio (TTM)
Last Bid/Size 11.20 / 69 EPS (TTM) -11.39
Last Ask/Size 11.21 / 67 Next Earnings 26 Sep 2014
Previous Close 10.61 Beta 1.18
Volume 12,841,279 Last Dividend
Average Volume 17,417,115 Dividend Yield 0.00%
Day High 11.31 Ex-Dividend Date
Day Low 10.57 Shares Outstanding 526.9M
52 Week High 12.18 # of Floating Shares 500.0557M
52 Week Low 5.44 Short Interest as % of Float 19.19%

BlackBerry: Is Goldman Sachs/Google Unencrypted Email Debacle De Facto PR?
Jul. 7, 2014 10:49 AM ET | About: BlackBerry Ltd. (BBRY)
Disclosure: The author is long BBRY. (More…)

Goldman’s recent email security breach puts a spotlight on the need for secure enterprise networks.
BlackBerry is the undisputed leader in managing enterprise networks securely.
Companies who have been victims of security breaches will continue to turn to BlackBerry for solutions.


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