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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

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Post by Kazzkidon May 27, 2013 4:03pm
246 Views
Post# 21452924

Probably a Few Sentences Missing

Probably a Few Sentences Missing

 In a Blow to BlackBerry, the Defense Department OKs Apple Devices

 Uncle Sam is finally an Apple (AAPL) fan. The Pentagon today approved the use of iPads, iPhones, and other Apple products by its soldiers, sailors, and pilots.

The announcement, though expected, is less a win for Apple than a defeat for BlackBerry (BBRY). Almost 80 percent of the U.S. military’s 600,000 mobile devices are BlackBerry smartphones or tablets. That’s not actually so many: BlackBerry sold 28.1 million devices last year.

Sure, a few hundred thousand here, a few hundred thousand there, and eventually you’re talking real money. But the bigger damage to BlackBerry may be to its reputation for a unique level of network security. Historically, it has wooed corporate and government buyers and slowed defections with the promise of the most hack-proof network on the market. That fight has already been largely lost at the corporate level; when the the Department of Defense is cool with the competition, it’s hard for an IT guy to argue. Meanwhile, Samsung Electronics (005930) devices running Google’s (GOOG) Android operating system got the green light from the Defense Department early this month.

Specifically, the Apple approval lets government workers access military networks via iOS 6, though Apple has been making inroads at the Pentagon for a while. Some defense agencies already use Apple devices—about 41,000 devices in all—but to date, they’ve been required to crunch data through a third-party to comply with federal safety requirements. About a year ago, the Air Force awarded a $9.4 million contract to buy as many as 18,000 iPads, one of the military’s largest tablet purchases to date. Air Force pilots used the devices to replace bags full of manuals and navigation charts.

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