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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 worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Bullboard Posts
Post by winafewon Dec 18, 2010 3:24pm
446 Views
Post# 17866451

Div?

Div?Great quarter, just as everyone expected.  This company is a cash machine.

Would it kill RIM to implement a dividend though? 

1.  They're have 2.5 B in cash right now and project to add another billion next quarter
2. Share repurchases are okay, but it looks like they've already bought the 22 million shares they were allowed under their share buyback program. (June 2010 - 552 mil shares outstanding, Nov 27 - 524 mil shares).
3.  A 25 cent quarterly div would only cost 525 M a year

I'd rather they gave me back some money rather than blow it on overpriced acquistions unrelated to their core business.

It probably wouldn't hurt the stock price either .......



Bullboard Posts