BlackBerry Q1 2014 fiscal results to be announced on Friday, June 28th, 2013

By Bla1ze on 24 May 2013 06:56 pm EDT
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With all the talks surrounding supply chain checks, analyst comments and just how well BlackBerry 10 devices are selling, it's soon time to put some real numbers into play. As a reminder, BlackBerry will report their first quarter fiscal 2014 results on Friday, June 28th, 2013. 

A conference call and live webcast will be held beginning at 8 am ET, which can be accessed by dialing 1-800-814-4859 or by visiting BlackBerry Investor Events website on your BlackBerry smartphone, BlackBerry Tablet or PC. As always, we'll be tuned into the event, hosting a live blog and have plenty of follow-up commentary after.

Press Release

WATERLOO, ONTARIO - May 24, 2013) - BlackBerry (NASDAQ:BBRY) (TSX:BB) will be reporting results for the first quarter of fiscal 2014 on June 28, 2013. A conference call and live webcast will be held beginning at 8 am ET, which can be accessed by dialing 1-800-814-4859 or through your BlackBerry 10 smartphone, personal computer or BlackBerry PlayBook tablet at http://ca.blackberry.com/company/investors/events.html

A replay of the conference call will also be available at approximately 10 am by dialing (+1)416-640-1917 and entering pass code 4612565# or by clicking the link above on your BlackBerry(R) 10 smartphone, personal computer or BlackBerry(R) PlayBook(TM) tablet. This replay will be available until midnight ET July 12, 2013.

Scheduled Quarterly Results Conference calls for FY 2014

  • Q1: Friday, June 28, 2013, before markets open
  • Q2: Friday, September 27, 2013, before markets open
  • Q3: Friday, December 20, 2013, before markets open
  • Q4: Friday, March 28, 2014, before markets open

About BlackBerry

A global leader in wireless innovation, BlackBerry(R) revolutionized the mobile industry when it was introduced in 1999. Today, BlackBerry aims to inspire the success of our millions of customers around the world by continuously pushing the boundaries of mobile experiences. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates offices in North America, Europe, Asia Pacific and Latin America. BlackBerry is listed on the NASDAQ Stock Market (NASDAQ:BBRY) and the Toronto Stock Exchange (TSX:BB). For more information, visit www.blackberry.com.

BlackBerry, RIM, Research In Motion and related trademarks, names and logos are the property of Research In Motion Limited and are registered and/or used in the U.S. and countries around the world. All other brands, names and marks are the property of their respective owners. RIM is not responsible for any third party products or services.

 

Reader comments

BlackBerry Q1 2014 fiscal results to be announced on Friday, June 28th, 2013

62 Comments

Ask Verizon, T-Mobile, AT&T they are the ones holding up the launches. The devices are ready.

Posted via CB10

Because Blackberry is having inventory problems, is worried about the lack of apps, or who knows. T-Mobile US sent out a press release two weeks ago stating that the Q10 was available immediately for corporate customers. A couple of days later, they said that Blackberry didn't provide stock and corporate customers wouldn't receive units before June. The AT&T model has been out for weeks, but only given to reviewers. Why? Because there isn't an inventory available to sell from. Carriers can't sell from inventory that Blackberry doesn't provide.

Even Heins himself went on a US media tour weeks ago and said that the US Q10 would be out by the end of May. Now, suddenly it's sometime in June. Carriers don't all act together, or delay together...

Whatever is going on, it's on Blackberry's end.

Will we finally know the "numbers" of units sold for BB10 devices? :)
I am confident that we'll have profit for Q1 driven by strong blackberry sales :)

Camera51. Do you ever have anything relevant to say? I bet the first comment after the US Q10 launch will be in regards to the lack of Q5 availability in the US. Just like it was with the Z10 and has been with the Q10 since it's launch. Look forward to your first post with your Q10. Hopefully it will add to the discussion.

Posted via CB10 on my Z10

First of all, to deny the serious execution problem blackberry is showing in the US is just naive. Kevin himself even admits this in his "10 Observations" article just posted. And if this unicorn ever surfaces, any and all complaints from me will cease to exist. You'll just see happy comments from this cat

I think the reason for the US delay is very high demand for Q10 in the countries where it has been launched. There are just not enough Q10 available for US.

Probably not. The US versions are on different lines and separate from the global ones (different radios, branding, etc.). They'd just run short in other regions as opposed to "pulling" from the US. It's poor planning at best and horrible mismanagement at worst. Probably something in between. The US market is not one they can screw like this. It will affect sales. As even Kevin pointed out, they need to get it together and solve their miserable execution problem.

Every other major player manages to launch globally and in the US in a much more timely manner. Samsung, HTC, Nokia and LG launched flagships after Blackberry's January event and delivered long before blackberry. And HTC even had major component supply issues. Heins has said on many occasions that the US is both the largest market and their most important. So not planning for this market is nothing short of a blunder.

Those organizations (LG, Samsung etc) also hold their product announcements after their devices are cleared by the FCC. BlackBerry does not. This is solely the company's choice and it is a critical difference when considering the release dates of the Q10 device vis-a-vis the competitors!

The Q10 passed through the FCC almost two months ago... And it's not uncommon at all for the others to launch prior to FCC approval.

Well, it's all relative. For Blackberry, the expectations were much lower than Samsung and Apple. Blackberry needs to watch out for inventory levels, otherwise, it could escalate costs and really impact its bottom line. I think they made some assumptions and produced according to that but demand exceeded their expectations. Coming back to supply chain issue and US carriers having different lines is absolute BS. First of all, most of the parts are same in these phones, heck most of the parts are same across different vendors. Secondly, you can use unlocked phones from Canada in the States. For example, from Rogers on AT&T etc. It seems you just make up stuff to bash Blackberry. I agree, there is lot more to be desired from Blackberry like more apps, BB10 for playbook etc. but every comment from you is negative about Blackberry. When you start saying something remotely positive and encouraging about Blackberry, I will start thinking you make some sense, otherwise you just trolling.

Dude, I'm not trolling at all. I think blackberry hit a home run with BB10, but they're only as good as they're availability. I've never bashed the product, but won't shy away from pointing out their ongoing execution problem.

As far as separate lines, I'm absolutely right about it and not making anything up. The rogers unit is compatible with AT&T because they've adopted the same frequency standards, but the radios are still slightly different. AT&T also always says that they'll never guarantee proper service with these devices.

And it's a common and known practice to have separate lines for different regions. All of the manufacturers run final lines this way.

Again, I'm not "bashing blackberry like a troll", I'm just not going to blindly defend poor execution.

WHy trouble yourself to respond to these fanatics? They cannot appreciate logical arguments and will always interpret anything critical of Blackberry as 'trolling'.

It's because of sycophantic fanatics like these that we had battery pulls for years because nobody had the cojones to tell the former CEOs to provide enough RAM and optimize their OS.

What if it's all about "the books". What if Blackberry decided to delay the launch, in order to have a full quarter of US sales for Q2 in Sept. What if, with the other launches in other countries BlackBerry is already seeing that they will beat their/WS expectations for Q1. What if its more about the company, less about a few people who are pissed about a delay of a few weeks. What if BlackBerry actually knows what they're doing? What if you're wrong?

@texazzpete, @camera
"sycophantic fanatics" ? Blackberry needs more support as this time than criticizing it for trivial issues which are probably beyond their control. There is already unwarranted criticism and bashing in the media about Blackberry. This kind of bashing actually impacts new users who are thinking of making a switch to BB10. I don't mind constructive criticism but what I see from people like Camera is unabated bashing in all his/ her comments. It's just pathetic. May be that's how is in real life about everything. I have not noticed you yet but may be you are also just like him. Come on guys, I am sure if you try hard, you can come up with something positive about Blackberry or in general about life.

If we thought nothing positive about Blackberry, we wouldn't be spending our hard-earned money buying their devices, would we?

Babble all you like about 'BB needing support', but the more effective support one can give Blackberry is to purchase their products...and when those products are not available in the most important smartphone market in the word, shouldn't that be cause for concern?
delayed launch in the US which could lead to more attrition of BB users/marketshare and more lost sales to the Android and iOS juggernauts...you call that a 'trivial issue'? Laughable.

I guess troll team is in full sync here. States is not the most important market for Blackberry anymore. Get over your high horse. Blackberry survived by focusing on other markets. If it was for the States, Blackberry would be dead by now. I can only imagine how dreadful it would be for Blackberry to launch any product first in the states. Media is so biased against Blackberry and carriers do not support bb devices. We all know the horror stories of support from US carriers when Z10 was launched and then there are those hedge funds and analysts who don't miss a chance in bashing BB10 devices sales. I have a lot of investment in Blackberry financially and I am not talking about buying couple of devices. It would certainly be good to have a timely launch in the states but I have full faith in Blackberry management and I am sure the delay has some solid reason, whether it's entirely because of BB, it's hard to say. One more thing, Cry all you want but the truth is Blackberry needs more support than people whining over any chance they get. Now back to you for trolling.

You're the one that's been a whining little crybaby. All you want to do is ignore all problems and blindly praise blackberry, and harass and insult anyone who doesn't agree with you. Get off your high horse and have a little more respect for others' comments. They might just know a little more than you...

Really? American ego getting hurt? I don't think you guys know the meaning of word 'troll'. camera531, before you were whining for Z10 in the states and now you are whining for Q10. The fact is that all your comments have negative connotation about BB. All I have to say is show some support for Blackberry rather than complaining all the time. And for that if you think I am a troll than let be it.

American ego? I'm Canadian and you are a real piece of work @notgoodimo. I went back and read @camera comments and he makes very valid points and is not a troll at all. You just sound like an a@@hole @notgoodimo

@Keybrd4ever, you are a fu*king idiot and dumb fool if you can't identify people whose whole agenda is to bash and complain here. Where are their comments when it comes to supporting critical apps like Instgaram and Netflix. Blackberry has done an amazing job of coming back with the new platform but lot of its success depends on outside its own effort and that's where more support than criticism can help. At this point Blackberry is more like a start up with an amazing product than a leader with in this space. This whole idea about bashing for improvement works with a leader who can is beginning to show idea of staleness, like few years ago with Blackberry but now now.

@NotgoodIMO
Don't be dense. The most obvious way for people to support BB is by purchasing their devices. BB HAS to make these devices available to their most important market in a timely manner. He is right to be upset...HTC, Samsung, Sony all manage to have their phones arrive in the US at around the same time as everywhere around the world. Why is Blackberry being tardy here, especially when there are MASSIVE flagship devices like the S4 and the One stealing sales?

Blackberry is not 'like a startup'. They have well over a decade of co-ordinating phone releases on major carriers internationally. They've done so with several generations of smartphones. Comparing them with a startup is rather inane and brainless. They should have done much better with the US releases. Haranguing a paying customer because he is upset he cannot get his hands on the device he wants should not be your priority.
If it is OK to bombard Instagram and Netflix with requests and complaints and threats, why is it suddenly EVIL to ask BB to improve when it comes to US releases?

@texazzpete
Well, I think BB10 is like a new beginning for Blackberry. In fact, in some ways it's even harder for Blackberry than a start up because the market is heavily dominated by big players like Apple and Samsung. Normally, in a start up, a company has a unique product with some competitive advantage. There is hardly any competitive advantage for Blackberry right now, except the fact that there are some people still loyal to Blackberry and some just can't live without physical keyboard. The enterprise market is being threatened by BYOD and more and more acceptance of Apple and Samsung devices. The ecosystem aspect makes things really hard for Blackberry as well. You can't understand these simple things about business yet you call my argument about start up brainless, very intelligent of you. If only you guys whined and complained as much as do here, with your carriers and app vendors like Instagram and Netflix , things might be bit better for you and in general for Blackberry.

@Keybrd4ever,
You went back to read his comments and you didn't finding anything common? @notgoodimo is right, he always has this negative touch to his comments. May be you should go through all his comments in other threads then you will get the idea. BTW, you seem to be piece of work too. No need for name calling.

Name calling? NotGoodIMO just called me a "fu*king idiot and dumb fool" and has been name calling this whole time. @camera has been negative, but it is one common theme. He's upset about the constant delays in the US. I've not read anybashing about the actual phones, apps or lack thereof, or anything else. I've also read praises from @camera about the phones, etc. His only point, in all the threads I read, has been about the delays, which I agree are bad. To call him a troll and f'ing idiot like @notgoodimo keeps doing is more of a problem than someone just frustrated and expressing a legitimate gripe. @notgoodimo is being very disrespectful because @camera isn't only writing positive stuff.

Could it be the result of Blackberry downsizing last year (shutting down production facilities)? I don't think they were prepared for the global demand for the Q10 and now are struggling to build up inventory for the US market.

Come on BlackBerry ! We'd love a home run this ER...but a double will do.

Posted via CB10 on a Z10 root device!

I,ll be tuned in ,I am long BB!! From all the research I've done,it 's going to take a couple of quarters for the shorts to get squeezed and head on over to the welfare office.

Change is good!!After 16 years ,maybe they were getting lazy and not stepping up to the plate,the new PR firm must hv been very eager to take over and showed where there should and could make changes.

Q10 release prior to the numbers would be great but regardless it would be nice to see the numbers for bb10. I don't think any of us here will be surprised. Should be good results.

Posted via CB10

If BlackBerry is profitable again AND they show a stabilization (dare I say increase?) in subscribers AND the Q10 numbers look good, etc., etc. then maybe the stock will... stay the same.

The amount of good news that poured out of Live blew me away, yet the stock did nothing except get nailed by two "analyst reports". I can't wait to see what straw breaks the camel's back (and if BB can last that long) to see a switch in the market's perception of the viability of the company. It's getting tiring playing the long game. Granted, BB is a short term play right now (that's short TERM, not just short) until things truly stabilize one way or the other. I just don't have the time to invest like that. So here's to being long and all the best for Q1 results!

I am a BBRY stock owner myself and purchase as many stocks as I can with every paycheck. I am not worried about the negative commentary made by analysts; yes, they cause the stock to dive a bit, but I am sure that the Q1 results will blow all away, and then you will have your investment return.

Personally, thanks to the 'shorts', I guestimate that the stock is sitting somewhere between 30-40% below where it should be today.....so we should see movement of at least that on the 28th.

I personally think that some of these negative analysts reports are designed to sink the BBRY stock, so that someone can make money once the Q1 results are announced. Remember the 2013 Q4 announcement? Low Street expectations, better results= profit for stock owners :-)