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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 true55on Jun 20, 2013 9:58pm
340 Views
Post# 21552442

BB/$100

BB/$100

The Financial Post reports in its Wednesday edition Research in Motion's near-term fortunes may finally be looking up, according to RBC analyst Mark Sue. The Post's Matthew Braga, writing in Trading Desk, says Mr. Sue has raised his firm's estimates on BlackBerry 10 shipments while expressing optimism that "near-term profitability looks attainable." However, Mr. Sue is still waiting for "stabilization of BlackBerry's subscriber base and uptake of new enterprise and consumer services to offset the shift away from its mandatory services model." In a note Tuesday, Mr. Sue cited faster-than-expected channel fill of BlackBerry's Z10 and Q10 smart phones as factors in raising the firm's BlackBerry 10 forecast to 3.5 million units for the first quarter of fiscal year 2014, up from 2.75 million. RBC is also forecasting 14 million BlackBerry 10 shipments by the end of calendar year 2013, up from 11 million previously. The earlier-than-expected launch of the company's first entry-level BlackBerry 10 smart phone with a physical keyboard, the BlackBerry Q5, was one factor. The Q5, which was originally anticipated for release this fall, is now expected during August or September. RBC expects RIM to be profitable in 2014.

Bullboard Posts