BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) was previously expected to come up with two new handsets, which were codenamed Cafe and Kopi. None of the devices were formally launched as the company cancelled both the handsets to avert inventory risk. No details are known about the Café model, but recently some photos of the Kopi have been released by Weibo.
Not much info available on Kopi
As far as design is concerned, Kopi appears slightly different from Q10 and closer to BlackBerry Q5. As of now, there is no information on the markets that could be selling the Kopi model, but if one has to make wild guess, based on the name it might land in markets like Indonesia or Malaysia, as the word “Kopi” translates to “coffee.” Kopi was expected to be equipped with the Qualcomm Snapdragon MSM8960, and might have been released in the first quarter of 2014.
The first London Value Investor Conference was held in April 2012 and it has since grown to become the largest gathering of Value Investors in Europe, bringing together some of the best investors every year. At this year’s conference, held on May 19th, Simon Brewer, the former CIO of Morgan Stanley and Senior Adviser to Read More
There is also a scenario where the handset may never be released, and the leaked photos may end up being just more images of the un-launched devices. It’s not the first time that the images of the scrapped device have leaked online. In September, last year, not so clear image of the device surfaced online.
Chen preferred BlackBerry Z3 over Kopi
It is believed that John Chen, after becoming BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB)’s CEO cancelled both Kopi and Café model, which were meant to be entry level series BlackBerry 10 smartphones. Instead, the CEO chose to launch BlackBerry Z3, which is primarily for the Indonesian market. Another expected handset form BlackBerry is Q20, which will be BB10 device based on the BlackBerry 7 devices of the past. Q20, which might get released by the end of 2014, is expected to have an integrated trackpad and a tool belt of physical buttons.
On Thursday, BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) shares reported a fall of 0.97% to close at $9.22. Fifty two week range of the stock is $5.44 – $16.82, and market capitalization is $4.85 billion. In the last trading session, overall average volume was 22.01 million shares, and total outstanding shares are 526.55 million. On Friday, at 11.30 a.m., BlackBerry shares were up 0.3% at $9.08.