April 25, 2024

BlackBerry Chief Admits Release of New Phones in U.S. Was Flawed

But Mr. Heins, speaking at the company’s annual meeting, told investors BlackBerry just needed more time for a turnaround — and he again sought their patience.

Not everyone was biting. One shareholder, referring to one of the new phones, the BlackBerry Z10, told Mr. Heins: “My sense is that the rollout of the Z10 was a disaster.”

“Were we perfect at the launch?” Mr. Heins responded. “Probably not. Was it a disaster? I don’t think so.”

After more than two years of development, the new phones and their new operating system were supposed to give BlackBerry smartphones capabilities similar to those of phones made by Apple and Samsung, the dominant forces in the market. But hopes have vanished that the new phones would swiftly increase market share in the United States — now just 0.9 percent, according to a survey from Kantar Worldpanel ComTech.

Late last month, BlackBerry said that it had shipped just 2.7 million of the new models, about a million fewer than analysts expected. That disappointing news set BlackBerry’s stock sharply downward and eliminated the possibility that the annual meeting would be a turnaround celebration.

When Mr. Heins introduced the company’s new phones in New York this year, he spoke to an excited crowd, a situation that was repeated at a meeting this spring with enthusiastic developers. But on Tuesday, when he faced a crowd of shareholders and questions about the weak sales of those phones, the reception was far more muted.

And maybe that is the best he could have hoped for. A few weeks ago, when the shipment numbers were released, the company also reported an $84 million loss in the latest quarter. BlackBerry shares still have not recovered — and a chorus of harsh questions about the direction of the business have not gone away.

Mr. Heins again warned investors to expect more losses during the current quarter, while the company increases its spending on marketing and other promotions for the new BlackBerry 10 line of phones. And although the company has spent the last two years saying the phones were the centerpiece to its future, Mr. Heins repeatedly said on Tuesday that “we are not a devices-only company,” and he outlined his hopes for growth in its data services business.

He attributed the disappointing reception for BlackBerry 10 to the United States market.

“It is really a challenge in the U.S.,” Mr. Heins said at the meeting, which was webcast from the University of Waterloo in Ontario. When another shareholder asked him why the company had been unable to win over American investors, particularly ones based in New York, he said: “I would absolutely admit that this is an uphill battle.”

Richard Piasentin, the managing director of sales and marketing for the United States, left BlackBerry last month, Adam Emery, a spokesman for the company, said on Tuesday.

Some of problems with the e BlackBerry 10 releasseemed more related to the products than to advertising or lack of prominence in carriers’ stores, which had been cited as problems.

Some buyers of the Q10, a model that includes BlackBerry’s signature keyboard, have said they were disappointed to discover that it initially could not synchronize calendar and contact information with corporate systems that use Microsoft Outlook. Others discovered mail syncing issues that they had not had with previous BlackBerrys. And although BlackBerry continues to expand the apps offered for the phone, many important ones are missing, and assessments of their overall quality are mixed.

Among the disappointed was Mark R. McQueen, the president and chief executive of Wellington Financial in Toronto. While Mr. McQueen is a BlackBerry loyalist, his frustration with the Q10 became so great that he wrote two detailed posts enumerating its problems on his blog, which is widely followed in Canada’s financial community. He wrote that the phone’s shortcomings had prompted him to sell his BlackBerry shares at a loss.

“The sad reality is that BlackBerry management has failed to deliver on the incredibly modest expectations of someone who has held shares in the company, on and off, since the late 1990s,” Mr. McQueen wrote.

Many technology reviewers praised several features of the new phones. Mike Gikas, the senior editor for electronics at Consumer Reports, said the new phones were “pretty good but they don’t have the pizazz of top-shelf performers. No one’s dying for these phones.”

He said that whenever he was asked for his thoughts about the new BlackBerrys, “the next question is: ‘Do you think they’re going to be around?’ And that’s a consideration for people on a two-year contract.”

Article source: http://www.nytimes.com/2013/07/10/technology/blackberry-chief-admits-release-of-new-phones-in-us-was-flawed.html?partner=rss&emc=rss

Bucks Blog: Why I’m (Sort of) Ignoring Mother’s Day

Anna Jarvis, the force behind Mother's Day in America.Associated Press Anna Jarvis, the force behind Mother’s Day in America.

About this time, many spouses and children, including those who are grown, are hurrying to buy or create a gift for Mother’s Day.

I am here to say that my family can stand down this year. It may be too strong of a word to say I’m “boycotting” the whole thing, but I’m having second thoughts. So they shouldn’t worry about taking me out to brunch (with a crowd of other mothers) at a restaurant that has raised its prices for the day.

Not that there aren’t aspects of the holiday I don’t enjoy. One year, my girls (with help from my husband) gave me a ring with their names engraved on it. It’s the only piece of jewelry I wear regularly, besides my wedding ring. And when my children were in preschool, I delighted in their efforts to serve me breakfast in bed without spilling the juice. I still treasure their little handmade gifts — Who doesn’t tear up, at an imprint of a toddler handprint on a card for Mom? — and I look forward to their creations this year.

Nevertheless, I can’t help but see Mother’s Day is a bit of a relic, a holdover from a time when most mothers didn’t work outside the home, and most fathers helped out less with the housework and the children.

Insure.com, an insurance Web site, compiles a “Mom’s Value” index, computing the annual value of jobs done by mothers, based on Bureau of Labor Statistics data, if the family had to pay someone else to do them. (Example: “Cleaning up,” $5,135; Haircuts, $320; taking care of the children, $20,072.)

It’s entertaining to think that way, and certainly stay-at-home spouses deserve credit for all that they do. But most families I know work as a partnership. Sometimes, it’s the mother who stays home with the children, but it’s increasingly the father (and for male same-sex couples, it’s always a dad). Often both halves of the couple work outside the home, and they muddle through the household duties like grocery shopping, cooking, laundry and cleaning as best they can — together. Both are exhausted, much of the time.

The last thing my husband needs, after flying across the country on a business trip, is to feel guilty because he didn’t have time to buy me a bouquet of pricey, short-lived roses for a contrived holiday (although it’s true that I am, in fact, the family’s chief “summer activity planner” — valued at $7,704).

Even the founder of the modern American Mother’s Day, Anna Jarvis, eventually turned against the holiday. According to History.com, her efforts led to establishment of the holiday in 1914 — but she later disowned her creation. “Jarvis would later denounce the holiday’s commercialization and spent the latter part of her life trying to remove it from the calendar,” the site says.

Perhaps when my children are grown and living on their own, I’ll feel differently. I won’t be spending as much time with them. So I’ll likely jump at the chance to have brunch with them or receive flowers (or even a text message) from them.

But right now, what we really need in my family is a day off together, without an expensive agenda. To sleep late, read the paper, maybe go for a bike ride — if we feel like it. I know my children love me, because they show me their feelings on a regular basis, not just on one day a year.

What do you think? Do you think Mother’s Day is outdated?

Article source: http://bucks.blogs.nytimes.com/2013/05/09/why-im-sort-of-ignoring-mothers-day/?partner=rss&emc=rss