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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 vstar67on Aug 13, 2024 8:33am
523 Views
Post# 36176113

New Reality

New RealityIt is a sad reality that this is now a penny stock.  Even on Reddit the pumping has ceased as shareholders, aka bagholders, come to realize that this company will never amount to anything.  A decade of failed promises and now all we have left is a cost cutting exercise to hopefully stabilize this at the 600 million sales run rate.  Best case scenario per Tim Foote is we are profitable at a 600 million run rate with anemic growth.  I don't think it will go to zero but a reverse split is still in play but I also don't expect it to move far from the 1.80 to 2.20 range over the next 5 years. This is reinforced by the management silence and the lack of new customers and absolutely no IVY related announcements. Noise. As they say, silence is deafening.  
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