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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 Jun 30, 2023 9:20am
105 Views
Post# 35521980

giving chen 3 more years

giving chen 3 more yearsThis will not change anything for shareholders. Chen will borrow more moeny from Watsa and this time pay 5% to him...while the money will again sit in the bank because chen likes to play safe. The fact that he didn't spend any of the $375million tells you that he's not confident in BB ability to make money. 

giving him more time will not do anything because he will execute his same old ideas that he has used for last 10 years. which hasn't done anything for products or sales. he writes down every products and companies he buys. Even organic products like RADAR has failed to generate anything meanigful. 

Giving him 3 more years will only serve prem watsa and not shareholders. Chen is not a salesmen or a risk taker. CEO must be both...look at Elon Musk and Tim Cook and CRWD CEO. You must take risk risk risk risk risk to be reworded on wallstreet. Playing safe will only get you mediocre returns and sales. Chen is even afraid to say he can do $3 billion by 2027...he says he can only do $1.2 billion!!! why is he playing so safe? why is he afraid? 
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