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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 TheKingReturnson May 28, 2023 7:28am
308 Views
Post# 35467708

What is QNX backlog and why it's misunderstood

What is QNX backlog and why it's misunderstoodThe QNX backlog is basically the revenue that BB will receive from OEM (cars and general embedded market) for next 7 years. So if BB does nothing for next 7 year they willl get guranteed $80 million for QNX per year. Majority of teh car OEM are already signed up with QNX (critical stuff), and that's already baked into these numbers. This is why in BB's own projection up to 2027 you're not seeing big growth in QNX segment...it's like only 10-15%. 

The 24/25 EV numbers are also baked into this backlog. So even if they win Tesla the impact to revenue numbers for next 7 years is not big. 

Compare this to nvidia, they have 11 billion backlog in automotive ALONE. They added 4 billion in just last 3 months. Something is wrong with BB mgmt. 

They need to split and sell of each component to get most to shareholders. They just can't seem to grow the company and have no clue how to do it. or else they would have done it years ago. 

The buck stops at John Chen..He has fumbled way too many times by not hiring right people, failing to market, and rebranding due to ego. He needs to sell the company iin components. 
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