BlackBerry Ltd T.BB

New Press Release - BlackBerry Software Is Now Embedded In Over 235 Million Vehicles

WATERLOO, ON, June 26, 2023 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today that TechInsights, a leading technology analysis and market research firm, has determined BlackBerry® QNX® software is now embedded in over 235 million vehicles worldwide; a year-over-year increase...read article.

[tracker11]

Regarding this morning's press release that QNX is embedded in over 235 million vehicles. That being the case, how can it be that BB isn't realizing any revenue? How can it be that this is not forward looking monetization that should make the sp appreciate in value?

[homer111]

I'm slightly disappointed that the # only went up by 20 million but we also must remember that the majority of the growth is starting in 2023 (ie now) so the 2024 figure should be a higher jump than the 20 million increase in 2023.

[Joey67]

These are not necessarily forward paying. They may have been a one time up front payment which has already been recorded.  From what I understand the 215 m cars are cars that are still on the road....the backlog would give a better indication of the future revenue. 

[nellybb]

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