RE:RE:Let's go back 4 years since let's sayYasch22 wrote: Okay, back at home, with access to files. A lot better than thumbing numbers from memory while standing in a grocery line.
When FUDsters fire up ye olde smokescreens -- like "plummeting revenue" or "Chen hasn't added anything in 7 years" -- they deliberately forget to say anything about revenue from legacy ("doomed") businesses such as handheld devices and Service Access Fees.
E.g. GAAP revenue for
FY 2015 = $3.335m. $3,087m in legacy. Pure SW&Services = $248m.
FY 2016 = $2,160m. $1,666m in legacy. Pure SW&Services = $494m.
FY 2017 = $1,309m. $687m in legacy. Pure SW&Services = $622m.
FY 2018 = $932m. $185m in legacy. Pure SW&Services = $747m.
FY 2019 = $904m. $59m in legacy. Pure SW&Services = $845m.
FY 2020 = $1,040m. $21m in legacy. Pure SW&Services = $1,019m.
I'll deal with FY 2021 in a moment. Just wanted to pause here so that people can ask themselves:
Did John Chen add any value to BlackBerry from his first full year in the CEO's chair (FY/15) to the end of February, 2020?
Note: More than half of the revenue growth came from home-grown products:
-- QNX rose from $100m in FY/15 to more than $200m by FY/20.
-- Licensing + IP grew from near zero to $328m in FY/20.
-- We don't know precise figures for growth in BB Radar, Jarvis, and professional services.