RE:BlackBerry ValuationIf Blackberry was a private company that was going to become public and launched and IPO, I'm willing to bet that it would be priced over $15.00
How many private companies have 45,000 patents, $3 billion in cash, very little debt, 100's of millions in software revenue every quarter, IoT, QNX, BBM, AdHoc, etc etc etc
Blackberry's IPO would likely be over $20 if it were a private company that was going public.
This is good news, because it means that Chen can unlock a lot of value just by improving some of the initiatives that they are already trying to improve. If he can break even on Hardware, we'll be profitable immediately.
I'm excited and cautious for QE on June 23rd.