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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of BlackBerry Spark, BlackBerry SecuSUITE and BlackBerry AtHoc. The IoT business consists of BlackBerry Technology Solutions (BTS) and BlackBerry IVY. The Licensing and Other segment consists primarily of the Company’s patent licensing business. The Company’s core secure software and services offerings are its Cylance cybersecurity and BlackBerry unified endpoint management (UEM) solutions, collectively known as BlackBerry Spark. Its Cylance cybersecurity solutions include CylanceENDPOINT, an integrated endpoint security solution that leverages the Cylance AI model and OneAlert EDR console. The BlackBerry UEM Suite includes the Company’s BlackBerry UEM, BlackBerry Dynamics and BlackBerry Workspaces solutions.


TSX:BB - Post by User

Comment by Onlooker1275on Jan 26, 2021 2:39pm
220 Views
Post# 32389473

RE:If Blackberry was a startup we would be at $50 at least.

RE:If Blackberry was a startup we would be at $50 at least.BlackBerry is still a company that has declining revenues and market share. On a positive note, it announced a settlement of patent infringement last week with social media giant Facebook. In another development, the mobile company-turned-a cybersecurity titan announced a sale of 90 patents to Huawei. While the company has not disclosed any details of both the deals, they are supposed to be quite positive for BlackBerry. Although that has caused its share prices to reach almost 20-year highs, the rally might not sustain longer. BlackBerrys revenues declined in the last few years, while its profits were quite uneven. The company has not able to grow its revenues organically. The stock looks extremely overvalued, especially after its recent run. If the rally is not backed by solid quarterly earnings, the stock price could see some notable pullback.
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