Can Two Wrongs Make A Right? (BBRY)
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Here's a great idea: how about HTC buy or merge with BlackBerry (Nasdaq: BBRY)?
Reasoning: HTC just reported its first quarterly loss in company history, losing NT$2.97 billion (about $101 million) with sales of BT$47 billion ($1.6 billion) for Q313. Estimates called fora loss of NT$2.2 billion with sales of BT$54 billion. The company was looking for a sales range of NT$50 billion to NT$60 billion.
Shipments in the quarter are estimated to be 3 million to 4 million handsets.
While HTC has proven in the past that it makes very capable handsets and that quality hasn't died out with the current slew of offerings, the Google (Nasdaq: GOOG) Android environment has become far too competitive.
What would HTC do with BlackBerry?: Well, HTC could trim the fat following a cheap purchase ($4.7 billion is a far cry from the tens of billions in market cap BlackBerry once had). It would be gaining a rather strong user base in BlackBerry Messenger (BBM) and have have full control over a new, diverse operating system. Along with BlackBerry's current Q-series of handsets, which are equipped with a QWERTY keyboard, HTC would be able to use its own prowess to make touch-only handsets that are on par with the best. The company could also tweak BB10 for its own purposes and/or debut a new tablet in short order.
There's also probably two-dozen other options with a potential deal we haven't even through of yet.
But, that's just wishful thinking. Along with BB10, there's a slew of other operating systems HTC could use at little or no cost (like Mozilla's Firefox OS), while the company might also opt to delve further into Microsoft's (Nasdaq: MSFT) Windows Phone platform, which benefits from Microsoft backing the name and a large ecosystem of services and apps that is continually growing.
Shares of BlackBerry are lower in early trading Friday.
Reasoning: HTC just reported its first quarterly loss in company history, losing NT$2.97 billion (about $101 million) with sales of BT$47 billion ($1.6 billion) for Q313. Estimates called fora loss of NT$2.2 billion with sales of BT$54 billion. The company was looking for a sales range of NT$50 billion to NT$60 billion.
Shipments in the quarter are estimated to be 3 million to 4 million handsets.
While HTC has proven in the past that it makes very capable handsets and that quality hasn't died out with the current slew of offerings, the Google (Nasdaq: GOOG) Android environment has become far too competitive.
What would HTC do with BlackBerry?: Well, HTC could trim the fat following a cheap purchase ($4.7 billion is a far cry from the tens of billions in market cap BlackBerry once had). It would be gaining a rather strong user base in BlackBerry Messenger (BBM) and have have full control over a new, diverse operating system. Along with BlackBerry's current Q-series of handsets, which are equipped with a QWERTY keyboard, HTC would be able to use its own prowess to make touch-only handsets that are on par with the best. The company could also tweak BB10 for its own purposes and/or debut a new tablet in short order.
There's also probably two-dozen other options with a potential deal we haven't even through of yet.
But, that's just wishful thinking. Along with BB10, there's a slew of other operating systems HTC could use at little or no cost (like Mozilla's Firefox OS), while the company might also opt to delve further into Microsoft's (Nasdaq: MSFT) Windows Phone platform, which benefits from Microsoft backing the name and a large ecosystem of services and apps that is continually growing.
Shares of BlackBerry are lower in early trading Friday.
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