RE:From: Haper_pands.... An ST Poster who sees what iiii's seesDwolfenson, i respect you but you need to dive into the numbers. Those 24/25 EV win is already baked into the QNX backlog. The backlog is all the design wins and their projected numbers for 7 (SEVEN) years. So the backlog of $600million for qnx includes all the EVs that these 24 OEM will produce for 7 years including he GEM market. That's not much if you ask me. This means they are selling QNX for pennies per car instance. If top 24 EVs are already in the pocket of QNX, what else is there to win for next 7 years? Tesla? Okay so lets look at Tesla, they produce like 2 million cars per year...so even with that win the QNX revenue will only be impacted by few millions.
There's something wrong with their pricing model or are not confident that QNX can win the market. This is not good.
If you look at NVIDIA backlog in just automotovie
"The company currently has $11bn+ in automotive backlog which it expects to convert over 6 years."
why is BB iot not have this type of backlog? Why is it only 600million and barely growing at 20%.?
Someone has to hold management responsbile for this. if you are too easy on management they will never produce because they are comfortable with 10% growth. This is why teh stock price is not moving...