Posts Tagged ‘Smartphone’

Blackberry CEO Thorsten HeinsBlackberry CEO Thorsten Heins


oday BlackBerry announced a surprising fourth-quarter profit of $98 million. A year earlier, the company lost $125 million over the same period.

The rare bit of good news for the Canadian tech giant comes at a crucial time for the company. Earlier this year, after a series of disheartening delays and setbacks, BlackBerry (BBRY) finally began rolling out its new BlackBerry 10 series of phones based on its all-important new mobile operating system—the success or failure of which is likely to determine the fate of the struggling company.

Given the timing, it’s tempting to see BlackBerry’s sudden return to profitability as evidence of a broader comeback driven by strong demand for the new line of phones. But in fact, the BB10 phones have little to do with it. The smartphones’ staggered rollout began in the U.K. on Jan. 31, then moved on to Canada, Asia, and Europe. The new line of phones arrived in the U.S. on March 22—several weeks after the company’s fourth quarter ended.

In reality, BlackBerry’s return to profitability is a result not of a hot new product but rather of Chief Executive Thorsten Heins‘s cool-minded cost-cutting efforts. When Heins took over as CEO in January 2012, he identified organization inefficiency as a major problem facing the company, which had grown so fast (from $300 million of revenue in fiscal 2003 to $3 billion in 2007) that projects had proliferated out of control.

Heins has since eliminated 5,000 workers and shuttered several manufacturing sites. Along the way, he has managed to achieve a profitable quarter even as overall revenue dropped 36 percent from the previous year.

In terms of the much debated question of the company’s future viability, little has changed. BlackBerry still needs a hit smartphone.

“Management is doing a good job operationally, but their ultimate success will be judged on the acceptance of BB10,” Ittai Kidron and George Iwanyc of Oppenheimer wrote today. “Here the verdict is clearly still out.”


Samsung's latest devices, next to Apple in real life, not on the Twitters.

A new analysis of Twitter found that more people tweeted about the iPhone 5 on its unveiling day than Samsung’s Galaxy S4.

A recent analysis of Twitter activity during the debut of Apple and Samsung’s latest smartphones shows a wide difference in how much both products were mentioned.

That study, done by Investing Analytics, showed that the iPhone 5 was mentioned in more than five times the number of tweets than the Galaxy S4 on the day of, and the day after their respective unveilings.

“We believe a Twitter analysis of tweets about the iPhone 5 launch compared to the Galaxy S4 launch demonstrates that the iPhone continues to hold more mass appeal with consumers,” said Piper Jaffray analyst Gene Munster in a note about the data set.

“We believe this demonstrates that while interest in the Galaxy S4 is growing, Apple continues to hold a meaningful lead as the smartphone with the broadest consumer appeal,” he added.

The actual tally during that time period was about 2.4 million tweets about the iPhone 5, whereas Samsung’s Galaxy S4 racked up around 440,000. Even so, Munster says the majority of the tweets about Samsung’s product (81 percent) were positive, up from the iPhone 5’s 73 percent.

Apple took the wraps off the iPhone 5 last September, whereas Samsung unveiled the Galaxy S4 at an event in New York earlier this month. Samsung’s device, which is a follow-up to the popular Galaxy S3, sports a higher resolution 5-inch display, faster processor, better cameras and battery than its predecessor. The device goes on sale in the U.K. next month, with other markets to follow.


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