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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

Post by blackberryon Mar 25, 2021 3:12pm
248 Views
Post# 32877081

Hat Tip to Kevin

Hat Tip to Kevin
Everyone has an opinion about disclosure of FB settlement and selling of patents.

Its not a bad thought if BB took the reoccurring revenue approach as opposed to a 1 time charge. Chen knows it will be time until revenue from IVY will be added. His past shows he wants consistent revenue growth. (Sybase) Also, why let them off the hook when FB will continue to grow in years to come?

My guess would be in earnings they disclose the price of sale of patents and share settlement from FB will be reoccurring fee for use of patent. Will be pretty hard to dissect exact numbers.

My opinion-

Earnings overall beat-
Cylance shows growth, but not enough to excite the market.
QNX shows recovery from pandemic and signs of continued growth.
Announce FB reoccurring revenue stream.
Announce amount from Patent sale.
Very general in comments about IVY.

This quarter shakes out meme stock holders and impatient investors. It will grow, but this is a Long play. Unfortunately or fortunately I have been watching BB since before Chen took over. I officially got back in November 2020 and did not sell a single share throughout Reddit push. Watching this board is painful and at times I wish I would have sold to at least get my cash out, but I keep reminding myself of what my plan was when I bought. 

BUY AND HOLD!
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