Blackberry : The Horse Race Has Started – Still time to place your bets

Blackberry was named one of Canada’s contributions to the world Canada Day July 1. Note that last week Jack A. Bass Managed accounts bought in at $ 10.02 . Yes it’s better to be lucky than smart but it is great to be both. Now an army of pundits is trying to forecast – are we seeing  a Blackberry Revival ?

Headlines

The danger is more to the shorts – falling for their own scenarios of doom and not recognizing the tape action is moving against them. Time will tell.

BLACKBERRY(BBRY:NASDAQ, US)

10.71USDIncrease0.191(1.82%)Volume: 
Below Average
As of 02 Jul 2014 at 11:35 AM EDT.

QUOTE DETAILS

Open 10.70 P/E Ratio (TTM)
Last Bid/Size 10.71 / 28 EPS (TTM) -11.39
Last Ask/Size 10.72 / 94 Next Earnings 26 Sep 2014
Previous Close 10.52 Beta 1.18
Volume 8,379,623 Last Dividend
Average Volume 32,790,616 Dividend Yield 0.00%
Day High 10.88 Ex-Dividend Date
Day Low 10.61 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%
chart
AND FROM LAST WEEK THIS NEWS STORY ON SMARTPHONE SALES – NOT BBRY MOMENTUM IN  U.S. sales

The iPhone didn’t do anything for China Mobile either. In April, China Mobile reported down first-quarter profits, partially due to the added burden of iPhone subsidies.

Analysts have predicted that the China Mobile deal could help Apple move an additional 10 to 30 billion iPhones this year.

The iPhone revenue slide in China was only eclipsed by its loss in the U.S.

According to Kantar’s latest research, covering March to May 2014, iOS held a 32.5 percent smartphone OS sales share in the U.S., down 9.4 percent from the 41.9 percent it held during the same period in 2013.

Meanwhile, Android saw substantial gains in both the U.S. and China. In the U.S., Kantar reported Android saw a 9.9 percent annual increase and, in China, a whopping 11.3 percent annual increase, taking it up to 82.7 percent total OS sales share.

Much of Android’s success belongs to Samsung. The report says the company’s new Galaxy S5 was the second biggest selling smartphone in the U.S., behind the iPhone 5S. But in terms of total brand share in the U.S., Samsung controlled 36.8 percent of sales to put it in first ahead of Apple, with 32.5 percent.

BlackBerry managed to boost its share of smartphone sales in the U.S., climbing 0.7 percent annually to claim 1.3 percent. Windows Phone fell 0.9 percent annually in the U.S., from 4.7 percent to 3.8 percent.

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