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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 GWassrape192030on Mar 01, 2023 7:48pm
152 Views
Post# 35313914

c e o lost the plot

c e o lost the plotNormally the ceo would have been cut loose, pink slipped.

In this freak instance the ceo spent his way into total control.  Not only has he failed to achieve his objectives, but, the ceo has spent funds that were necessary for Rainy Days.

Simply the BoD cannot afford the $69M to cut gone when loose with the shambles of Cylance and other expenditures running the enterprise deep into the weeds leaving many institutions running for the exits... ergo they lost faith in the chef exit office r, ergo the company BlackBerry is now at financial risk.  An example of that is the accelleration of the toboggan ride down as his past projections went unmet as does seem the Patent Sale funding... if you read the pundits on GameTheory it does not bode well. 

Today the score board says:

BB market capitalization $02.236B
CRWD market cap        $
28.177B

User image

tick tock, the employee ceo and carpet bagging BoD are a sad reminder of the fiasco NT went through less than 20 years ago!

jaune chien should have exited BB 10 months ago.

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