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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

Comment by Onlooker1275on Jan 26, 2021 2:39pm
234 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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