Tag Archives: RIM

Blackberry has a new Android phone coming

And I think it could be successful. First off, it looks good, and it has the famous BlackBerry keyboard. Plus it will work with BlackBerry Enterprise Servers. For some users, this is the best of both worlds. For BlackBerry fans who also want to tap into the benefits of Android devices, this could be for you. More details, here:  BlackBerry Priv — the Android phone formerly known as Venice — is on the way | IT Business.

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The Performance of Many Hedge Funds Comes Down to Owning *ONE* company

The one company? Apple. How dependent are the hedge funds? According to Bloomberg Business:

A group of companies representing the most popular long positions for hedge funds is up just 0.2 percent in 2015, compared to a 2.3 percent gain for the Standard & Poor’s 500 Index, data compiled by Goldman Sachs show. A 19 percent year-to-date increase for Apple, which is owned by one in every five hedge funds and is a top-10 position for 12 percent of them, has provided a needed boost, the firm said.

That’s a bad thing. A similar thing happened in Canada when fund managers held large holdings in companies like Nortel and RIM. It didn’t end well.

For more, see this: The Performance of Many Hedge Funds Just Comes Down to Owning Apple – Bloomberg Business.

And now, a very strong endorsement for Blackberry’s new Passport phone

Not from me: I was a huge Blackberry fan since almost 10 years on, but they lost me a few years ago and I switched to an iPhone. But Jonathan Kay in this vigorous piece (below) on the new Passport got me seriously thinking about Blackberry again. I think I will stick to my iPhone for now, but anyone who was a fan of Blackberries should really read this: Jonathan Kay: Why I ditched my iPhone for Blackberry’s massive new Passport | National Post. You might find yourself heading down to your local service provider and coming out with one.

I am hopeful for Blackberry/RIM making a comeback. More and better choices are better for everyone.