BB first to V2X technology in 2016 per DugstrIf Blackberry is always ahead per john chen then why is there no revenue from it? 2016 to 2023 is 6 full years!!! where is the money? People will say IOT is growing, well the current IOT market is Billions so why is blackberry only makig $200M from it? It't not even projected to make $600M per year in 2027 or 4 years from today. That will be 11 years since V2X "first to market" launch...
These useless products are not making blackberry growth or money. They add few pennies to revenue a year. The $650M backlog is not immediate but spread over 7 years. So if you look at it, the revenue in backlog only amounts to less than $100M from QNX per YEAR!!!! While Crowd has jumped to 2.4 billion in just 2 years.
Something is really wrong at blackberry. John Chen is not a visionary or a CEO type of material and needs to resign so someone capable like Elon/Cook/Satya Nadella can come in and take over. John Chen is not a cyber security or a software engineer so he doesn't understand the products and can't sell it.
He's a incompetent CEO. How many execs has he hired an fired for last 10 years? many!! because incompetent people usually hire incompetent people. The revenuein 2027 is projected to be $1.2 billion...that's 4 years from now and only $1.2 billion while CRWD will do over $4.4 billion or more by 2025. There is somehting wrong with blackberry. It starts with CEO.
https://stocktwits.com/Dugstr2/message/521991793