ST Alpha - "BlackBerry has halted trading, announced a $1 billion (with a B) loss, and 4500 layoffs -- (link)" (Reading a Post)

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BlackBerry has halted trading, announced a $1 billion (with a B) loss, and 4500 layoffs -- (link)

Posted by Beryllium (aka grayman) Sep 20 '13, 12:34

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I know 2 people who work there. This sucks. (www.theverge.com)

Responses:

The visual of their stock price. -- (link) - David Sep 20, 13:16 4
- yeah ... yesterday was probably the best time to go large on shorting that stock -- nm - i'm not dead yet ! Sep 20, 13:25 3
  - you should have told us this yesterday...nm - x Sep 20, 13:29 2
    - Uh, he did. - Spawn Sep 20, 13:30 1
      - dammit!....nm - x Sep 20, 13:32
That blows. Sorry -- nm - con_carne Sep 20, 13:01
Stock dropped 40% once it unfroze. - spamlet Sep 20, 12:52 11
- exactly -- nm - Spawn Sep 20, 12:55
- The more important question: Do they go bankruptcy or does someone buy their IP - ty97 Sep 20, 12:54 8
  - I know, I know Blackberry but I still gotta make money off it. I'll give you a $150.00 for it. Can't go any higher. -- nm - Rick from Pawn Stars Sep 20, 13:00
  - they're pretty strong in overseas markets as a platform and don't have much debt....nm - x Sep 20, 12:59 5
    - I think they just opened their messenger system to android and iphone use -- nm - zork Sep 20, 13:12
    - For spare parts. -- nm - Don Homer Sep 20, 13:02 3
      - some spare parts, big user base globally, etc. they've still been shipping 6+ million smart phones a quarter....nm - x Sep 20, 13:08 1
        
        Oh but you see they are not as sexy as *my* phone. How dare you belittle my superiority complex -- nm - con_carne Sep 20, 13:12
      - But that makes them a great buyout target. Which gives them value -- nm - ty97 Sep 20, 13:02
  - I'll buy QNX for $200. -- nm - Beryllium Sep 20, 12:58
- [deleted]
[deleted]
also, "withdrawing from consumer market" -- nm - Beryllium Sep 20, 12:34 12
- my brother-in-law just got a BB device last week -- nm - zork Sep 20, 13:09
- ain't they the last maker of physical keypad mobile devices? -- nm - zeitgeist Sep 20, 13:02 4
  - Motorola. -- nm - Spawn Sep 20, 13:05 3
    - Samsung, too. -- nm - Spawn Sep 20, 13:05 2
      - and lg....nm - x Sep 20, 13:09 1
        
        but other than them, no one! -- nm - Reagen Sep 20, 13:13
- dang. didn't they announce a new flagship line of smartphones two days ago?...nm - x Sep 20, 12:42 1
  - They were going to be awesome. - Spawn Sep 20, 12:49
- Waterloo University put on collective suicide watch. -- nm - Reagen Sep 20, 12:40 3
  - that's where I went. last time I drove, I was wondering what's going to happen to all the Rim buildings - zork Sep 20, 13:10 2
    - I was still in school when Nortel when tits up. It was a bit of a collective freak out among the EEs. -- nm - Reagen Sep 20, 13:12 1
      - I can imagine. Also anyone with RRSPs since every one of them was heavily invested. - zork Sep 20, 13:15

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