RE:https://investorplace.com/2021/09/bb-stock-looks-good-here-o Generally, the results of the tests once again show that BlackBerry develops top-notch IT security products. More specifically, they indicate that the company has done a good job of integrating Cylance’s AI technology into its IT security offerings.
Finally, I continue to believe that two other upcoming positive catalysts will move the needle in a positive direction for BB stock: the launch of an auto app store in partnership with Amazon (NASDAQ:AMZN) and the sale of a large portion of BlackBerry’s patent portfolio.
Chen had seemed to suggest that the patent deal would be completed by July 31.
Subsequently, I thought that we could get an announcement of the deal over Labor Day Weekend. Neither scenario panned out, but I have little doubt that Chen will shed more light on the issue when BlackBerry reports its fiscal second-quarter results on Sept. 22.
Chen has said that a beta version of the app store would be launched next month. Hopefully, we’ll learn more about the kickoff on Sept. 22.
After actually seeing the app store, Wall Street will, I believe, become much more excited about its potential.
Prayfortheworld wrote: https://investorplace.com/2021/09/bb-stock-looks-good-here-on-a-profitable-key-partnership/