BlackBerry's Bold Prediction

The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser, Matt Argersinger, and Scott Phillips, discuss the top business and investing stories of the day.

Blackberry (NASDAQ: BBRY  ) CEO Thorsten Heins raised some eyebrows this week with his bearish prediction on the future of tablets:

In five years I don't think there'll be a reason to have a tablet anymore. Maybe a big screen in your workspace, but not a tablet as such. Tablets themselves are not a good business model.

What's behind Heins' prediction? In this installment of MarketFoolery, our analysts discuss Blackberry and the future of tablets.

It's incredible to think just how much of our digital and technological lives are almost entirely shaped and molded by just a handful of companies. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks?" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged by the five kings of tech. Click here to keep reading.

The relevant video segment can be found between 19:00 and 23:44.

For the full video of today's MarketFoolery, click here.


Read/Post Comments (7) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On May 01, 2013, at 7:32 PM, channelgoods2013 wrote:

    Regarding TH comments, you fool have missed his point. Oh and all you iLovers ..how is the 200+billion market cap loss doing ?

    So let's all be cool and have a circle chat and trash Blackberry ...wow how 2012...so are you guys trying to be comedians or non bias...what is it.

    Enter Q10

  • Report this Comment On May 01, 2013, at 7:50 PM, TIMNPAWC wrote:

    You mentioned Google was successful with Android based on ecosystem. What exactly was the ecosystem Android based phones offered? An OS with some apps? No iTunes, no anythjng... or was it cheaper by the dozen, copy and replicate?

    Apple is the only company making margin on tablets and that margin is dwindling and Apple's market share of tablets is also dwindling, from 70% to less than 50%. That trending is not going away. Do you really think Apple, BlackBerry and Nokia-Microsoft are going to stand by and leave the status quo alone such that Samsung just replaces all of them.... or are they going to do what they do best and innovate!!!

  • Report this Comment On May 01, 2013, at 8:36 PM, Oril wrote:

    Yep instead of making videos trash talking Blackberry you fools would do better speculating on what Apple could have done with the 200 million dollar market cap they lost in the past six months. For instance they could have bought Blackberry and had two revolutionary new phones on the market today with a new operating system that people want.

    Instead they pizzed it all away and have now been reduced to floating bonds in an effort to bribe investors to stick around.

  • Report this Comment On May 01, 2013, at 9:08 PM, channelgoods2013 wrote:

    200 billion

  • Report this Comment On May 01, 2013, at 10:47 PM, JasonGrech wrote:

    I have heard TH talk about this before, his vision is actually very well thought out, just not well articulated. What BBRY is trying to illustrate is a future where you only need one real device, your smart phone, then through whatever technology they are working on, auto connection to large screens in the office with a keyboard, or tablet sized screens at home with touch keyboards while you lay on the couch,or laptop type devices on the kitchen countertop, all this while your super powerful CPU smartphone is in your pocket driving these peripherals. Think about the cost savings, all of these peripherals will solely display what your smart phone is processing, no real big powerful CPU, or memory requirements, much cheaper. Just a small and very powerful smartphone!

  • Report this Comment On May 02, 2013, at 1:21 AM, misledbyfools wrote:

    Apple has now borrowed 100B against their cash pile worth 120B to US taxpayers, so the shares are now down to 20B in net cash. I'm not paying 20X cash in the bank for Apple shares now. When this bubble bursts, there will be a lot of fools crying.

  • Report this Comment On May 02, 2013, at 7:05 AM, RandomMeaning wrote:

    "What BBRY is trying to illustrate is a future where you only need one real device, your smart phone, then through whatever technology they are working on, auto connection to large screens in the office with a keyboard, or tablet sized screens at home with touch keyboards while you lay on the couch,or laptop type devices on the kitchen countertop, all this while your super powerful CPU smartphone is in your pocket driving these peripherals."

    You have some questions to consider:

    What if you want, say your large screen device, to keep working while you do something else in another room with your laptop type device?

    What if you actually want to use your device as a phone while your walking around but still want your computer available to retrieve information or to work on? In other words, what if you have more than one device to provide the brains for?

    What if you want to go somewhere while your device is still working on something, say rendering a video? In other words, aren't you tied down while using your phone that way, thus becoming far less mobile?

    I think Heins is looking for a purpose for his devices which is already obviated by very reasonably priced devices such as tablets and laptops which can already be synced much more conveniently through the cloud and offer the user far greater power and flexibility than a phone ever could.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2402220, ~/Articles/ArticleHandler.aspx, 10/20/2014 4:15:58 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement