Blackberry Loss Shrinks
October 8, 2014 by admin
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BlackBerry Ltd reported a smaller quarterly loss on Friday and is showing encouraging signals about its endangered smartphone business as well as its software and services sales, spurring a more than 4 percent jump in its shares.
The Canadian company, a smartphone pioneer pushed to the margins by Apple’s iPhone and devices running Google’s Android software, is now focusing more on software and services than on hardware as it works through a long turnaround.
On the services front, the company reported a huge number of conversions in its second quarter to its heavily promoted new device management platform. But BlackBerry’s hardware unit also offered hopeful news, posting an adjusted profit for the first time in five quarters, helped by lower manufacturing costs and strong demand for its low-end Z3 handsets in emerging markets.
“This is the first time in a long time that we have actually made money on hardware,” Chief Executive John Chen told reporters, while hinting at plans to unveil new phones at Mobile World Congress in Barcelona in 2015. “We think we can continue on that track, so hardware is no longer going to be a drag to the margin and the earnings.”
The Waterloo, Ontario-based company’s revenue in North America rose from the previous quarter, but sales slipped elsewhere. Its total revenue was down more than 40 percent from a year earlier.
“They’re taking all the right steps, which is great. It’s encouraging to see,” said BGC Partners analyst Colin Gillis. “Now we’ve got to see what Chen can do about the revenue decline.”
BlackBerry shares were up 5.2 percent at C$11.45 on the Toronto Stock Exchange and up 4.6 percent at $10.26 on Nasdaq.
Cell Phones Can Be Dangerous
June 5, 2011 by admin
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It appears that an Australian brain surgeon has called the latest report in reference to the report on the potential harmful effects of mobile phones as a wake-up call to users and the telecommunications industry.
Dr Teo, said he was “pleased” that at last there came conclusive proof that mobile phones caused brain tumours. He also went on to say that the report should serve as a ”wake up call’ that should alert both the public and the mobile phone industry to the link between mobile use and cancer.”
As you know a report was released by the World Health Organisation’s cancer research wing that said radio frequency electromagnetic fields generated by cell phones are “possibly carcinogenic to humans” and heavy usage could lead to a possible increased risk of glioma, a malignant type of brain cancer.
Mobile Panic Button Coming Soon
April 4, 2011 by admin
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The U.S. State Department is putting its money where its mouth is, according to the Daily Mail. It is funding the creation of an application that will allow pro-democracy activists to delete all incriminating evidence on their mobile phones with a single click while sending out an alert to their fellow activists.
The “panic button” will send out a text message to everyone in the user’s address book, then erase both that address book and the phone’s call history. This will be an important tool, given how thoroughly governments go through dissident’s communications devices as a matter of course these days.