BlackBerry Announcing Year-End & Q4 Fiscal 2014 Results March 28th
BlackBerry set the date for their next financial announcement for Friday March 28th. They will be presenting both their Q4 Fiscal 2014 results along with their Year End results. The call will be before hours at 8AM so expect some early morning excitement. This is going to be another exciting one since BlackBerry is probably…
BlackBerry CEO Confirms He Likes “Research In Motion “A Lot Better”
John pointed out to me that I glossed over a part of the Bloomberg interview we just mentioned. In it BlackBerry CEO John Chen was asked about the name change to BlackBerry from Research In Motion or RIM. He stated that “I personally like Research In Motion a lot better” but don’t worry he has…
98% of Devices in New Pentagon System Will Be BlackBerrys – 2% Android & iOS
The Pentagon was touting bringing a wider spread of devices in their new mobile initiative but it seems like they will remain overwhelmingly on BlackBerrys. They are rolling out 80,000 BlackBerrys and 1,800 Apple and Android devices on the new management system starting January 31st. They plan on supporting 100,000 users on the system by…
BlackBerry Completes Additional $250 Million Debentures Transaction by Fairfax
We told you earlier that Fairfax financial was exercising their option to purchase another $250 million in debentures from BlackBerry on top of the original $1 million. BlackBerry just announced that the transaction has been completed and the money is in the bank. Details below: January 16, 2014 BlackBerry Announces Completion of Acquisition of Additional…
BlackBerry Board Refused Breakup Offers From Microsoft, Apple, Lenovo, & More
Over the weekend Reuters revealed a bit more about what was going on during BlackBerry’s strategic review. It turns out that the board rejected breakup offers for the company from Microsoft, Apple, Lenovo, and more that only wanted parts of the company. Supposedly Microsoft and Apple wanted the intellectual property and patents. This is on…
SEC Filing Reveals Fairfax Financial Consortium Investors in BlackBerry (80% Canadian)
We knew that Fairfax Financial was only responsible for $250 million of the $1 billion convertible debt BlackBerry received this week but we did not know who was responsible for the rest. Now thanks to a SEC filing by BlackBerry we have the whole list including the previously rumored Qatar Holding LLC and how…
BlackBerry Trying to Negotiate for a $1 Billion Tax Refund
BlackBerry is working on building up its cash stockpiles to smooth this transition of strategy. Bloomberg is reporting that the company is said to be asking for a larger refund from the Canadian government and asking the government to speed up the process. Last month they stated that they expected a $500 million rebate in…
Former Apple CEO John Sculley Was Lining Up a Bid for BlackBerry
It seems like there was way more going on when it came to ending BlackBerry’s strategic review. The latest from Bloomberg comes from an interview with former Apple CEO John Sculley. We heard previously that Sculley was interested in getting in on a BlackBerry bid. Now he has confirmed that he and a group of…