With Amazon deal, BlackBerry finally solves its app problem

amazon blackberry

The latest update to BlackBerry 10 looks to solve one of the biggest criticisms of the family of smartphones: that they don’t have enough apps. BlackBerry 10 OS 10.3.1, which began rolling out last Thursday, includes access to the Amazon Appstore, after the two companies struck a deal last June. Launched on March 22, 2011, […]

Almost no one on Wall Street is now betting against BlackBerry

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The number of investors who are betting against BlackBerry (TSX:BB, Nasdaq:BBRY) is falling. As of the end of January, short interest on BlackBerry fell below 100-million shares for the first time since last November. The short position on the stock on January 30th was 97,681,923, down from 125,367,832 two weeks earlier. The numbers may be […]

BlackBerry Patents may be Lucrative to Samsung

blackberry patent

The Financial Post Wednesday reported that Samsung Electronics Co. Ltd. is still pursuing a purchase of BlackBerry Ltd. BlackBerry has flirted with the idea of possibly selling a portion of its patents in recent years; however, an outright sale would be an interesting option for the company. Presumably, Samsung could build on BlackBerry’s extensive patented […]

BlackBerry will go higher in 2015, says Cormark

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Some critics might take BlackBerry’s (TSX:BB) Q3 revenue shortfall as evidence that its turnaround isn’t working, but digging deeper into the numbers reveals a company whose future is looking brighter, says Cormark analyst Richard Tse. On Friday, December 19th, BlackBerry reported its 2015 third quarter results. The company lost (U.S.) $148-million on revenue of $793-million, […]

BlackBerry Classic beats the iPhone, says Kevin O’Leary

"This thing is crazy fast. It's faster than an iPhone on email. Way faster," says O'Leary.

The new BlackBerry Classic is so superior to the company’s recent devices that it begs the question “What the hell were they thinking for the past three years? says Kevin O’Leary. O’Leary, who was on BNN this morning to review the device that launched today, says that after years as a BlackBerry loyalist, he gave […]

BlackBerry has a “roller-coaster” week ahead, says Cormark

blackberry classic

Look for a lot of volatility around BlackBerry (TSX:BB, Nasdaq:BBRY) next week, says Cormark analyst Richard Tse. In a research update to clients today, Tse previewed a week he thinks will be dominated by headlines. In the middle of the roller-coaster, the analyst believes investors should focus on the bigger picture. “Headlines aside, we continue […]

Kik Interactive lives on as symbol of BlackBerry’s former folly

In 2007, Kik founder Ted Livingston was an engineering student at the University of Waterloo who worked a string of co-op placements at BlackBerry. He reportedly tried to convince BlackBerry to take BBM cross-platform.

Waterloo-based Kik Interactive today announced it had closed a $38.3 million Series C round that was led by Valiant Capital Partners and included new investors Millennium Technology Value Partners, SV Angel, and existing investors Foundation Capital, RRE Ventures, Spark Capital and Union Square Ventures. The injection brings the total Kik has banked to $70.5 million […]

BlackBerry gets new $17 target at Cormark

Reuters this morning reported that short interest in BlackBerry’s on the Nasdaq has hit an all time high. The number of shares sold short on the Canadian smartphone maker has risen to more than 155 million shares, which is up from 136.5 million shares a month ago. Ironfire Capital founder and managing partner Eric Jackson says it wouldn't take much for those who are short to get nervous and cover their shorts.

BlackBerry’s (TSX:BB, Nasdaq:BBRY) turnaround effort has been an uphill battle, but CEO John Chen’s execution is making the company’s brand meaningful again, especially in enterprise, says Cormark analyst Richard Tse. In a research update to clients today with the header “The Comeback Kid”, Tse said he is “getting back onboard” as a BlackBerry bull. The […]