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Tuesday, March 19, 2013

Trash Talkin' At Blackberry??

Blackberry (BB) CEO, Thorsten Heins,says Apple stood still and now the iPhone has fallen behind.  Unbelievable! This coming from a guy who heads a company that didn't manage to produce a touch screen smart phone until sixteen months after Apple (AAPL) introduced the iPhone. By then iPhone 2 was already out. As if to lay permanent claim to being sixteen months behind they managed to crank out the half baked PlayBook, without email or calendar, sixteen months after the first iPad. A month later Apple rolled out iPad 2 and crushed Blackberry once again.

Now, with the long delayed Blackberry 10 operating system he thinks he may be a hair ahead and instead of quietly taking care of buisness, he's out there trashing Apple.  It doesn't take a crystal ball to predict that he'll be eating those words in short order.  Let's see, Blackberry 10, January, 2013, just four months after iPhone 5.  My guess, we'll iPhone 6, 7, & 8 before we see Blackberry 11, if Blackberry lasts that long...more to the point, if Thorsten lasts that long.

As an investor I did real well buying and selling Blackberry shares, when it was called RIM, in the $40.00-$50.00 range. Since I bailed the shares have been as low as $6.10. They're $15.43 today. Hey, I'm Canadian and would love to see Blackberry succeed, but trash talking Apple accomplishes nothing!

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