openPR Logo
Press release

Empire Asset Investments Follows BlackBerry As They Unveil Second, Cheaper, Android device

08-03-2016 08:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Empire Asset Investments

Empire Asset Investments Closely Follows BlackBerry As They Unveil Second, Cheaper, Android device

Empire Asset Investments Closely Follows BlackBerry As They Unveil Second, Cheaper, Android device

BlackBerry Ltd unveiled a second Android-based handset on Tuesday, a device combining Alphabet Inc's popular software and broad app catalog with the Canadian company's security and productivity features at a lower price.

The faded smartphone pioneer is hoping the DTEK50 will sell in greater numbers than the Priv, its first phone using the Android operating system, which Chief Executive John Chen has said suffered because of its high price.

The company said the 5.2-inch touchscreen-only DTEK50 is available from Tuesday for pre-order from BlackBerry's online shop in the U.S., Canada, UK, France, Germany, Spain, Italy and The Netherlands for $299. It plans to begin shipping the device on Aug. 8.

Shares in the Waterloo, Ontario-based company were up 1.4 percent at $7.18 on the Nasdaq and rose 1.6 percent to C$9.50 in Toronto.

At its November launch the Priv, which features a slide out keyboard, cost $699 without a contract in the United States and C$899 without a contract in Canada. The company trimmed the Priv's price in April.

Calling the DTEK50 "the world's most secure Android smartphone," BlackBerry said it will alert users if someone is making remote use of its camera or microphone, or accessing the phone's location information.

BlackBerry did not announce any distribution deals with major U.S. carriers, with initial U.S. sales instead expected to come mostly via Best Buy Co Inc, Amazon.com Inc and BlackBerry's own online store.

"The lack of specific detail on operator channels outside Canada says that there's still no path to massive volumes," IDC's Jackson added.

BlackBerry recognized sales of roughly 500,000 devices in the three months to the end of May, down from some 1.1 million a year earlier as demand for its aging product portfolio sunk.

Once a dominant force in smartphones, BlackBerry now holds just a sliver of the global smartphone market. Earlier this month it said it would cease production of its Classic handset, which uses its own BlackBerry 10 operating system.

Chen last month expressed confidence the company's trimmed-down handset business can turn a profit by a self-imposed September deadline, even as some analysts urge the company to ditch the unit.

A third Android device is expected from BlackBerry in the coming months.

This is a good marriage of proposition and price point for enterprises, stated Jane Suki tech analyst for Empire Asset Investments.

Empire Asset Investments is one of the world's leading investment organizations. Our primary focus is targeting promising business opportunities at their start-up or initial growth stages.

Our time-proven and tested strategies have been developed through our experienced leadership network and unsurpassed sector knowledge.

New York-based Empire Asset Investments provides sophisticated forex, bullion and commodities trading solutions to institutional and private investors.

Suite 11023, 110 Wall Street, 5th Tower, New York, NY, 10005, USA

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Empire Asset Investments Follows BlackBerry As They Unveil Second, Cheaper, Android device here

News-ID: 353618 • Views: 289

More Releases from Empire Asset Investments

Empire Asset Investments Looks At Omen X HP’s insane new gaming PC
In recent news Hewlett-Packard which launched its Omen sub-brand of gaming PCs back in May, has rolled out its newest desktop gaming PC offering. It’s absolutely ridiculous in the best kind of way. The Omen X is a computer like a Ferrari is a car. Let’s start with its case, which looks like something straight out of “Hellraiser.” A 60-pound behemoth, the Omen X houses its components in a cube that
Empire Asset Investments Looks Into Sony’s Plans To Unveil Two PlayStation Con …
Sony will debut a redesigned version of its standard PlayStation 4 along with a higher-end PlayStation 4, codenamed “Neo,” during a press event on Sept. 7, according to The Wall Street Journal. Sony revealed the existence of its PS4 “Neo” back in June, but the redesigned PS4 is a new development. As Polygon and Kotaku point out, the redesigned PS4 popped up in a listing on the online classified site Gumtree.
Empire Asset Investments Checks If Alibaba’s dominant cloud business could tak …
Chinese e-commerce giant Alibaba (BABA) reported stellar fiscal first-quarter earnings on Thursday propelled by revenues that spiked 59%, surging past Wall Street estimates. And while talk of e-commerce transactions soaring on mobile dominated the announcement, analysts also paid close attention to the company’s cloud computing business, Alibaba Cloud — and for good reason. Founded in 2009, Alibaba Cloud has evolved into China’s dominant cloud computing services provider, offering clients including Dutch
Empire Asset Investments Tracks Apple in Talks to Feature Twitter App on Apple T …
The early bird catches the Apple? That's reportedly the narrative between Apple and Twitter, as sources tell The New York Times that the companies are discussing an Apple TV-Twitter partnership. This partnership would feature the Twitter app on Apple TV, giving Apple TV users the ability to stream NFL games. Both companies didn't offer comments to The New York Times. Twitter's move for live-streaming rights wasn't cheap, clocking in at approximately $10

All 5 Releases


More Releases for BlackBerry

Voxvalley Launches MoSIP Mobile Dialer on Blackberry
Hyderabad, 06 Sep 2013 - Voxvalley Technologies, Singapore based VoIP Solutions Provider Company has today announced the launch of their MoSIP Mobile Dialer for Blackberry OS & devices. The company has always out done itself in terms of performance with unique features and managed to stand out from the rest of its competitors. Being the first company to release mobile dialer application on Windows platform, Voxvalley now has made MoSIP as
Mobile Charting components for BlackBerry mobile platform
Girona, Catalonia, Spain – January, 2013 - Steema Software, a leading vendor of development components for web, desktop and mobile applications, announced the availability of its TeeChart Charting Library for BlackBerry mobile devices. This is the company’ first release in 2013 and with it, Steema Software extends their offering of mobile charting components to BlackBerry Mobile platform alongside current Windows Phone 7, Android and iPhone/iPad support. The BlackBerry Chart library is
New Blackberry App for Relais & Châteaux
PARIS, October 11, 2011 – Following the success of the Relais & Châteaux iPhone application – downloaded more than 45,000 times – a Blackberry application is now available, which is just as functional and practical. With the new application, users will be able to search and reserve a room or a table in one of the 500 charming Relais & Châteaux hotels and gourmet restaurants around the world. The application
BlackBerry Messenger 6 gets social features
BBM connected apps integrate the popular functionality of the BBM service and offer users the ability to interact with their friends from within the app itself. Research In Motion has announced the availability of BlackBerry Messenger version 6, which provides support for "BBM connected" apps, allowing users to easily interact with each other from within the BBM connected app. BBM connected apps integrate the popular functionality of the BBM service and offer
Infostretch Becomes Blackberry Alliance Partner
Infostretch Corporation, a leader in mobile application development and mobile certification services, today announced that it has augmented its mobile offering by becoming a Blackberry® Alliance Partner. Participation in the BlackBerry® Alliance Program strengthens Infostrech’s product development, sales and marketing relationship with Research In Motion (RIM). “We’re pleased to be working closely with Research In Motion. Infostretch has developed a large range of Blackberry applications for enterprises and this partnership
DigtaSoft 4.3 Supports Blackberry Dictations
Naperville, IL – February 15, 2010 – On February 15, Grundig Business Systems (GBS) is launching a new version of its speech processing software: DigtaSoft 4.3. This new version supports the new dictation microphone Digta SonicMic II, the follow-up version of the Digta SonicMic. Furthermore, with the new version of DigtaSoft the user can import and play AMR files, such as from Blackberrys and mobile telephones. Another new DigtaSoft Pro feature